THIS MAP SHOWS THE HOURLY WAGE YOU’D NEED TO AFFORD A 2-BEDROOM RENTAL IN EVERY STATE

[hfojvt]

66. that only applies to some places

granted, those are places where a whole lot of people live.

It does sometimes boggle my mind how people are ever able to afford EITHER the rent or the home prices in places like LA, NYC, Miami, Baltimore, Seattle, etc., etc.

This map, however, covers the whole country and acts like living is all about rent.

For myself, all alone, I sorta quit renting in 1992 at the age of 30. Although even before that I bought a mobile home in the country at age 25 and saved about $3,000 in rent by living there for a year. That almost paid for the land itself (which cost $5,000) and 22 years later I sold the land for $22,000.

Yeah, if the home is expensive enough and the down payment small enough then your interest,insurance,taxes, and mortgage insurance can almost be as bad as rent.

I am also not sure what is happening to my niece's house now that she is getting divorced.