Read it again more closely. In 1990 in order for them to afford an $885,000 house, they would have needed an annual household income of $335,000 which is the 2025 equivalent of $665,000.
Read it again more closely. In 1990 in order for them to afford an $885,000 house, they would have needed an annual household income of $335,000 which is the 2025 equivalent of $665,000.
favoredponcho@lemmy.zip 1 day ago
Yeah, I know. I’m saying the new price is unaffordable for the salary required to afford it.