People Now Spending HALF OF THEIR INCOME on HOUSE PAYMENTS

1 year ago
2

According to the FED, about 41% of Americans take home or "gross" income is going towards their house payment. But that is PRE TAX...How much is it in reality when you factor taxes in? More like half. And even worse, thats the the house payment, doesn't include repairs, car payments or any other household debts or expenses. This will likely be the thing that ultimately causes big trouble in the housing market down the road.

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Articles Mentioned in the Video
https://apple.news/AZ09yvmZRSI2b1mdfN2EOJA
https://apple.news/AT40iw__aRG-EqoKW3TLbMg
https://apple.news/Ad22h81MgRFaqQahaNC0Mug

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