TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.
TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.
Yikes, yeah that’s another barrier to building that I didn’t even think of. I can see what you meant by “let us” build more.
Just another example of how building isn’t viable or affordable for everyone. My parents made the decision to build, but they also got the land long ago when the lot was cheap, and they did a large chunk of the work themselves including framing, wood floors, trim, doors, etc.