ilmscore | Why Homes Are Unaffordable #shorts

Why Homes Are Unaffordable #shorts

Published: 2023-03-08
Status: Available | Analyzed

Predictions from this Video

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Unrated: 0
Prediction
Topic
Status
The income required to afford the average house increased from $76,000 in 2021 to over $100,000 by March 2023.
"in 2021 you needed to make 76 000 per year to afford the average house but fast forward to today and you need to make over a hundred thousand dollars a year just to buy that same house"
Housing Affordability
Pending
Renting is financially more sensible than buying in 45 out of the 50 largest US metro cities as of March 2023.
"making six figures a year is now not even something to strive toward it's almost a requirement just to buy the average house unless you want to rent which according to realtor.com right now makes more financial sense to do in 45 out of the 50 largest metro cities"
Renting vs. Buying
Pending