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US Homeowners Must Earn $50,000 More Than Renters To Cover Shelter Payments: Report
US Homeowners Must Earn $50,000 More Than Renters To Cover Shelter Payments: Report Authored by Naveen Athrappully via The Epoch Times, American homeowners need to earn about $50,000 more than the typical renter to be able to afford monthly mortgage payments, according to new data from real estate brokerage Redfin. “Americans need to earn $116,633 per year to afford the median-priced home for sale, 81.8 percent more than the $64,160 needed to afford the typical apartment for re
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