Fascinating study shows the minimum salary you need to buy a home in the biggest US metros - do YOU earn enough?

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Fascinating study shows the minimum salary you need to buy a home in the biggest US metros - do YOU earn enough?

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The amount of money that Americans need to earn to be able to afford to buy a home has soared in the last five years, as house prices have jumped and mortgage rates nearly doubled. In the majority of US cities, buying a home now requires a six-figure salary. That is according to fresh data from economic advisory firm Oxford Economics. The report found that, on average, a household needs to earn an annual income of $107,700 to afford a single-family home and pay both property taxes and home insurance costs.
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