Salary Needed To Buy a Home In The US - eviltoast
  • janus2@lemmy.sdf.org
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    1 year ago

    It’s possible they’re including buyable apartments as well as single family houses but 180k still sounds WAY too low for LA

    • bitsplease@lemmy.ml
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      1 year ago

      Yeah that could be it, or maybe they’re doing the math as literally “is your monthly take home less than the cost of the monthly payments”. In which case I could see 180 qualifying, but that isn’t how any sane person would define affordability lol

    • rckclmbr@lemm.ee
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      1 year ago

      Same with San Jose. 1.6m will get you a 1bd apartment. A 3-4 bd house will run you at least 2.5m