Orlando realtor Freddie Smith discusses how owning a home and living a typical middle class life has become increasingly unattainable for most millennials and older Gen Z.

TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.

  • OpenPassageways@lemmy.zip
    24·
    10 months ago

    Or maybe part of the reason the prices are so high is that the price of building is also high with labor and materials cost increases?

    Or maybe there is also a shortage of affordable, well placed, viable, empty lots to build on?