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More evidence Biden has been a disaster for America. Worst President in history.
(Dreamstime)
By Lee Barney | Tuesday, 27 August 2024 09:40 AM EDT
With U.S. home prices 50% higher than they were before the COVID pandemic, it now costs homeowners more than 40% of their monthly income to afford a median home, according to the International Monetary Fund.
“Housing shelter costs are near historical highs, making them the most unaffordable in 40 years,” says Mitchell Feierstein, CEO of the Glacier Environmental Fund. “This is a situation of grave concern.”
Read Newsmax: Owning a Home Now Costs More Than 40% of Income | Newsmax.com
Important: Find Your Real Retirement Date in Minutes! More Info Here
Owning a Home Now Costs More Than 40% of Income
(Dreamstime)
By Lee Barney | Tuesday, 27 August 2024 09:40 AM EDT
With U.S. home prices 50% higher than they were before the COVID pandemic, it now costs homeowners more than 40% of their monthly income to afford a median home, according to the International Monetary Fund.
“Housing shelter costs are near historical highs, making them the most unaffordable in 40 years,” says Mitchell Feierstein, CEO of the Glacier Environmental Fund. “This is a situation of grave concern.”
Read Newsmax: Owning a Home Now Costs More Than 40% of Income | Newsmax.com
Important: Find Your Real Retirement Date in Minutes! More Info Here