Affordability Tears – Nationwide, as of

Affordability Tears – Nationwide, as of Q2 2014, a low-income household could expect to spend 26 cents of every dollar they earn paying the mortgage on a bottom-tier home. High-income families in the U.S. would be expected to spend only 12 cents of every dollar earned to pay the mortgage on a high-end home. Affordability is complicated. An affordable market to some can be cripplingly unaffordable to others. Income obviously plays a large role in determining both the typ…

About BillGrossC21

Licensed California Real Estate Broker and Productivity Coaching
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