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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.

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[-] BigJim@lemmy.world 1 points 1 year ago

Canada feels this too. $243k might get you a 1 bedroom condo in a small town.

this post was submitted on 03 Aug 2023
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