US Housing Market Splits as Middle Class Priced Out While Global Cities Face Similar Affordability Crisis
American home buyers now need $126,700 annual income to afford a median-priced home at $412,500, mirroring affordability crises in London, Sydney, and Toronto. Middle-income buyers can access just 21% of US listings versus 50% pre-pandemic, forcing investment funds to target high-income repeat buyers with equity.
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