This means that a first-time homebuyer needs to earn an annual salary of around $64,500 — which is over $10,000 higher than the average wage of Americans aged 25-34 — and up 13% from $57,222 a year ago.

  • LEDZeppelin@lemmy.world
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    1 year ago

    Factor in the burden of student loan and you will realize how deep under water the Millennials and Gen Z are in reality.