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Why the Income Gap Among Buyers, Homeowners, and Renters is Widening

Why the Income Gap Among Buyers, Homeowners, and Renters is Widening

The income gap between buyers and homeowners fluctuates in a cyclical pattern. The most current one developed after the housing market bottomed out in 2012. Prior to that, the median household income for homeowners and buyers were about the same. In 2017, the median household income in the US was $79,900 for buyer households, versus ... Read More