the average doesn’t matter. what matters is the median income to median house price ratio.
yes, in some shitty places, with really low incomes, that nobody wants to live, housing prices didn’t skyrocket… but that’s not true for desirable areas with good economies.
i can go buy a mansion in Louisiana or Mississippi, but why would I want to live in a state where the qualify of life is on bar with African countries?
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the average doesn’t matter. what matters is the median income to median house price ratio.
yes, in some shitty places, with really low incomes, that nobody wants to live, housing prices didn’t skyrocket… but that’s not true for desirable areas with good economies.
i can go buy a mansion in Louisiana or Mississippi, but why would I want to live in a state where the qualify of life is on bar with African countries?
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lol no. My income is below median. I have a condo. I will never own a house.
Everyone I meet thinks I’m poor as dirt, because their expectation for a ‘stablilty’ is 300-500K/yr and a 1.5million dollar home.