Income needed to purchase house in 2020 verses now

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By Fuelman
25 Aug 2024 9:39 am in No Holds Barred Political Forum
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Sumela
26 Aug 2024 10:13 am
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RebelGator » 26 Aug 2024, 5:43 am » wrote: ↑ Better stick to what you know.....Jew Bashing and Communist Propoganda are what you're best qualified for. Image
I always trigger you with truth.  

You BIG GOVT Bois do trigger easily :LOL:  

ITS GLORIOUS!! :wave:  
 
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Vegas
26 Aug 2024 10:18 am
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Beevee's Owner/Giant Slayer
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Fuelman » 25 Aug 2024, 9:39 am » wrote: ↑ It sure has become more difficult for families to get a home these days!

The income needed to purchase a home varies greatly based on location and other factors, but as of February 2024, the minimum income required to buy a home in the United States was around $106,000 to $116,000. This is up from 2020, when a household earning $59,000 could afford a typical U.S. home with a 10% down payment. In February 2024, the median-priced home was $402,343, and Americans needed an annual income of $110,871 to afford it. In San Jose, CA, where the median home price is $1,467,000, homebuyers need a salary of $361,000

Wow! That's crazy. I wonder what Las Vegas is. I'll research it. 
Retarded Horse's view on women.

JohnEdgarSlowHorses » Today, 7:28 pm » wrote: ↑Today, 7:28 pm
  • I LOVE IT WHEN A CRACK WHORE GETS BEAT UP Image
  • I WANT TO WATCH YOU BEAT YOUR CRACK WHORE WIFE Image Image Image
  • PUT THAT WIFE BEATER ON AND GET BUSY
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Vegas
26 Aug 2024 10:41 am
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Beevee's Owner/Giant Slayer
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Fuelman » 25 Aug 2024, 9:39 am » wrote: ↑ It sure has become more difficult for families to get a home these days!

The income needed to purchase a home varies greatly based on location and other factors, but as of February 2024, the minimum income required to buy a home in the United States was around $106,000 to $116,000. This is up from 2020, when a household earning $59,000 could afford a typical U.S. home with a 10% down payment. In February 2024, the median-priced home was $402,343, and Americans needed an annual income of $110,871 to afford it. In San Jose, CA, where the median home price is $1,467,000, homebuyers need a salary of $361,000
As of July 2024, the median list price for homes in Las Vegas, Nevada was $481,644, which is a 5.9% increase from the previous year. The median sale price of a starter home in Las Vegas is $299,100. In order to afford this, first-time homebuyers in Las Vegas should make $92,011 per year, up 6.2% from 2023.  The median household income sits at $66,356 per year.
Retarded Horse's view on women.

JohnEdgarSlowHorses » Today, 7:28 pm » wrote: ↑Today, 7:28 pm
  • I LOVE IT WHEN A CRACK WHORE GETS BEAT UP Image
  • I WANT TO WATCH YOU BEAT YOUR CRACK WHORE WIFE Image Image Image
  • PUT THAT WIFE BEATER ON AND GET BUSY
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ROG62
26 Aug 2024 2:24 pm
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BooRadley » 25 Aug 2024, 9:54 am » wrote: ↑ Well said...

Everything is so great but she wants to give $25K to help people buy a home?

That's like the captain saying everything is fine but put on your life jackets at once
:die:  
Image JuCo 5 percenter...72 “Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom :rofl: If gender is not sex, why should a gender claim change what sex you shower with?
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ROG62
26 Aug 2024 2:25 pm
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Fuelman » 25 Aug 2024, 10:01 am » wrote: ↑ Seems to be working well for the non-citizen.

First-time homebuyers in Oregon are being encouraged to apply for a taxpayer-funded $30,000 grant for down payment assistance – but only non-U.S. citizens need apply.18
:roll:  
 
Image JuCo 5 percenter...72 “Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom :rofl: If gender is not sex, why should a gender claim change what sex you shower with?
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ROG62
26 Aug 2024 2:28 pm
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LowIQTrash » 26 Aug 2024, 3:12 am » wrote: ↑ A house is a liability. In the past, when wages were high, it was no issue since only a few years worth of labor would pay it back. 

Nowadays, you would basically be a debt slave for years.
That's because most will purchase at the price they're told they can afford vs what reality tells them...
Image JuCo 5 percenter...72 “Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom :rofl: If gender is not sex, why should a gender claim change what sex you shower with?
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ROG62
26 Aug 2024 2:29 pm
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RebelGator » 26 Aug 2024, 5:43 am » wrote: ↑ Better stick to what you know.....Jew Bashing and Communist Propoganda are what you're best qualified for. Image
Image   Image  
 
Image JuCo 5 percenter...72 “Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom :rofl: If gender is not sex, why should a gender claim change what sex you shower with?
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ROG62
26 Aug 2024 2:31 pm
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LowIQTrash » 26 Aug 2024, 10:06 am » wrote: ↑ As much as I hate citing Kiyosaki since I consider him a conman, “It’s a liability disguised as an asset.” 

Unless you hold it for investment income…if you’re looking purely to capitalize on capital gains (not a good idea at this point in time) may I suggest just HODLing Bitcoin?
too much volatility...
Image JuCo 5 percenter...72 “Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom :rofl: If gender is not sex, why should a gender claim change what sex you shower with?
Beakman
26 Aug 2024 2:35 pm
   
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Fuelman » 25 Aug 2024, 10:01 am » wrote: ↑ Seems to be working well for the non-citizen.

First-time homebuyers in Oregon are being encouraged to apply for a taxpayer-funded $30,000 grant for down payment assistance – but only non-U.S. citizens need apply.18
Sound like BS to me! Prove it! :lol:  
@Fuelman  
 
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Fuelman
26 Aug 2024 3:13 pm
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LowIQTrash » 26 Aug 2024, 10:06 am » wrote: ↑ As much as I hate citing Kiyosaki since I consider him a conman, “It’s a liability disguised as an asset.” 

Unless you hold it for investment income…if you’re looking purely to capitalize on capital gains (not a good idea at this point in time) may I suggest just HODLing Bitcoin?
Then you are familiar with this:

"The size of your success is measured by the strength of your desire; the size of your dream; and how you handle disappointment along the way."

:rofl:  You got the "size of your dream"  part down pat!

If you have a woman in the household, ask her what it means to own a house. That touchy, feely thing can be difficult for some guys.

Someone has to get paid if you want a roof over your head. Who you pay is a personal choice.


 
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Fuelman
26 Aug 2024 3:20 pm
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ROG62 » 26 Aug 2024, 2:28 pm » wrote: ↑ That's because most will purchase at the price they're told they can afford vs what reality tells them...
Even at that the landscape has changed dramatically over the decades. Mortgage insurance, Home insurance and property taxes eat into what you can really afford 

The younger crowd definitely have a steeper hill to climb!
 
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Fuelman
26 Aug 2024 3:41 pm
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*Vegas » 26 Aug 2024, 10:18 am » wrote: ↑ Wow! That's crazy. I wonder what Las Vegas is. I'll research it.
Pretty sure it sucks everywhere!

Wife #1 and I were making that current Vegas median income in 1985 and that first house was $100k. 

Hopefully most of the older crowd realizes the disparity in then and now. I'll settle for having one foot in the grave over having to go back and do it again with the current situation!

****, I don't know! MAGA?
 
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Fuelman
26 Aug 2024 3:53 pm
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Beakman » 26 Aug 2024, 2:35 pm » wrote: ↑ Sound like BS to me! Prove it! Image  
@Fuelman
You are right Futz, apparently the organization did not proof read the fliers sent out by a advertising consultant.

https://www.newsweek.com/flyer-offering ... %20citizen.

I apologize to all the illegal immigrants, now scurry your *** back over the border and wait in line!
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