• LemmyKnowsBest@lemmy.world
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    1 day ago

    Read it again more closely. In 1990 in order for them to afford an $875,000 house, they would have needed an annual household income of $305,000 which is the 2025 equivalent of $665,000.

    • favoredponcho@lemmy.zip
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      10 hours ago

      Yeah, I know. I’m saying the new price is unaffordable for the new salary. Even for high salaries, the houses have out paced them.