The Paranoid Banker

When A $100K Salary Cannot Buy A Home

November 7, 2019

In this weeks podcast I talk about how even $100K salaries cannot buy owner occupied homes
or condominiums. 

FACT:  The median household income in the US is a bit over $63,000.  Even though $100,000 is 
obviously a MUCH higher income people that want to own their own home or condominium are
not easy "locks" for owning.  As a matter of fact you will find out on this podcast why renters are
choosing to rent even if they can own their own or condominium.

And.. we have the lowest interest rates in history. 

So, what is going on here?  Tune in and find out. 

Darin 

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