Economy News

 

Rising Home Prices Outpace Income

Rising Home Prices Outpace Income

(24/7 News) The dream of owning a home is slipping away for many Americans.

An Indeed.com report said housing affordability is shrinking as the price of homes increases more rapidly than household income. 

Atlanta and Minneapolis have the most affordable housing markets of 25 major U.S. cities. San Fransisco, San Diego and New York were determined to be the most expensive.

 

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