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You need to earn over $50K more a year to buy a home versus renting one
axios.com/2025/05/05/home-buy-rent-income-needed
Data: Redfin; Chart: Axios Visuals
Homebuyers have to earn over $50,000 more a year than renters to afford their monthly housing payments, according to a recent Redfin report.
Why it matters: A "triple whammy" of rising home prices, high mortgage rates and a shortage of houses for sale…
This story appeared on axios.com, 2025-05-05 09:11:00.