TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.
TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.
Fun fact: in a lot of places, 3+ bedroom apartments are rare mostly because of excessive minimum parking requirements (e.g. “1 space per bedroom”) that will never get used, but makes them uneconomical to build.