Dr. Obvious.
The SF homebuyer is, on average, nearly twice as wealthy as most U.S. buyers.
SF homebuyers make more than double SF renters.
Dr. Obvious.
The SF homebuyer is, on average, nearly twice as wealthy as most U.S. buyers.
SF homebuyers make more than double SF renters.
Hmm, they are only twice as wealthy while home prices are 5x higher…
article is all based on income, and income is not wealth.
Plenty of broke high income people out there. Living la vida loca!
Idiots shouldn’t be allowed to write about finances.
although, come to think of it, they need a down payment… so yes, probably richer in general…
unless 0% down mortgages are back!!!
Same applies to people who live in cheaper places?
Yeah. Seemed odd. But maybe there’s a lot of people in NYC and SF tipping the stats.
Plenty of buyers don’t need a qualifying income. Cash or parents helping.