TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.
TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.
In San Francisco, probably the most economically productive city in the US, the government adds over $200k to the cost of each house with just permitting process.