Honestly the most shocking number to me is that 65% of Americans own a house. How can 62% have a household income “over $50,000” and 65% own a house? Is it all old people?
Large cities and rich people heavily skew both the average and median cost for housing. It’s not cheap, but there’s plenty of smaller cities and towns that have affordable options.
Honestly the most shocking number to me is that 65% of Americans own a house. How can 62% have a household income “over $50,000” and 65% own a house? Is it all old people?
A lot of older generations own a house pretty much
It’s easier to put into perspective when you look at how much cheaper houses were before they got bought up by private equity
Very clear chart, nice.
Large cities and rich people heavily skew both the average and median cost for housing. It’s not cheap, but there’s plenty of smaller cities and towns that have affordable options.