Andrew Lokenauth(@FluentInFinance):The typical American family can no longer afford the typical American home. According to the Atlanta Fed: • Income needed to afford a typical home: $127,000 • Median household income: $86,500 • Income gap: 46% A $500,000 mortgage is now $3,500 per month, before taxes and insurance. Home sales are near historic lows and prices are near record highs. We’re now at the point where people who already own homes can’t afford to move, and people who don’t own homes can’t afford to buy.

Andrew Lokenauth

@FluentInFinance

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Andrew Lokenauth@FluentInFinance

2026.10.10 18:08

The typical American family can no longer afford the typical American home. According to the Atlanta Fed: • Income needed to afford a typical home: $127,000 • Median household income: $86,500 • Income gap: 46% A $500,000 mortgage is now $3,500 per month, before taxes and insurance. Home sales are near historic lows and prices are near record highs. We’re now at the point where people who already own homes can’t afford to move, and people who don’t own homes can’t afford to buy.

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