US First-Time Buyers Need $127K Income as Housing Market Creates Two-Tier Global Wealth Divide
American first-time homebuyers need $126,700 annual income to afford a median-priced home, hitting record-low market participation as housing divides into equity haves and have-nots. The bifurcation mirrors affordability crises across Anglo-sphere markets from Canada to Australia, where institutional investors fill gaps left by priced-out first-time buyers.
ViaNews Editorial Team•