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Affordable for you (and any US-based millennial with a strong education & job in the tech sector or other high skilled labor) is very different than affordable
by ineedasername 5y ago
Affordable for you (and any US-based millennial with a strong education & job in the tech sector or other high skilled labor) is very different than affordable for the typical millennial, especially ones born in the last 1/3 of that generation that haven't had as much time to work up the salary scale a bit.
- jdavis703 5y agoAssuming 20% down and good credit, the bank will make a loan to someone earning $61,000 a year for that. This is hardly “tech sector” level income, but yeah it also isn’t affordable to the bottom third of millennials either.