It's insane. Fiance and I started looking this month, with plans to buy after June, and it's just downright absurd. New construction not too far from where I'm

It's insane. Fiance and I started looking this month, with plans to buy after June, and it's just downright absurd. New construction not too far from where I'm at now, immediately west of Indianapolis, starting at $280k (more than 8x my annual income) for 1716sqft and a virtually non-existent yard that has been stripped of all the top soil so it could be sold before construction began so they can upsell you some sod... Median household income in Indiana, $54,181. Minimum wage $7.25 an hour. That's basically the situation the article describes: >To cross the current national median home price of $257,000, homebuyers need a gross income of $67,647, the report said — yet the average annual wage in the U.S. was $58,214, the report notes.