Re:Why America's economy is soaring ahead of its rivals
by rootusrootus on Wednesday December 04, 2024 @05:08PM
(#42322569)
> That means about 50% of the US can not afford a place to live.
And yet, they do. I don't think your numbers lead to your conclusion.
Being single and wanting to own your own home is going to be the closest situation to your conclusion. 50% of those folks being unable to achieve that dream sounds plausible.
The median rent is $1621. One bedroom and studio apartments will be on the lower end, and a $60K salary is likely to be sufficient.
For everyone who wants to obtain housing for themselves and a significant other, they have $120K to work with. Now the house looks achievable.
And yet, they do. I don't think your numbers lead to your conclusion.
Being single and wanting to own your own home is going to be the closest situation to your conclusion. 50% of those folks being unable to achieve that dream sounds plausible.
The median rent is $1621. One bedroom and studio apartments will be on the lower end, and a $60K salary is likely to be sufficient.
For everyone who wants to obtain housing for themselves and a significant other, they have $120K to work with. Now the house looks achievable.