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According to a recent report from the National Association of Realtors, it’s low- and middle-income buyers — those with household earnings of $75,000 or less — that are being hit the hardest.
The median weekly earnings of women in 2023 was 83.8 percent of men’s weekly income. Among U.S. states, Vermont, California and ... buying a home at a higher price than a male counterpart would ...
A separate report from LendingTree found that two California cities have larger shares of million-dollar homes than properties under that mark. The percentage of homes over $1 million was 66.28% ...
[30]: 1 [24]: 1 [31]: 1 (For California as a whole, from 2011 to 2016, the state added only one new housing unit for every five new residents.) [15]: 1 This has driven home prices and rents to high levels, such that by 2017, the median price of a home across California was more than 2.5 times the median in the U.S. as a whole, and in California ...
The findings emphasize that housing remains unaffordable for workers across various job types and income levels. Sixty percent of workers earn less than the hourly wage required for a two-bedroom home, and nearly 50% earn less than the one-bedroom Housing Wage. [6]
Read More: 5 Cities Where Homes Will Be a Total Steal In Two Years See Next: How To Get Rich in Real Estate Starting With Just $1,000 Trending Now: Suze Orman's Secret to a Wealthy Retirement ...
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