Homebuyers need to earn 80% more than they did pre-COVID to comfortably afford a house in this market, Zillow says
ZZillow Group(Z) Business Insider·2024-02-29 23:22

Homebuyers need to earn 80% more than they did pre-COVID to comfortably afford a house in the current market, Zillow found. Housing costs have soared, and wages haven't kept up, data in a new report showed. "The math has changed for hopeful buyers, who are more often partnering with friends and family or 'house hacking' their way to homeownership," a Zillow analyst wrote. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview ...