"Housing affordability is the worst it has been in decades, thanks to a
spike in home prices and mortgage rates. Combined, the two have helped
to push the typical salary required nationwide for homeownership up to
$106,500 – a stunning 61% increase from the $59,000 required just four
years ago, according to Zillow."
https://www.foxbusiness.com/economy/home-foreclosures-rise-again-nationwide
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