New York (CNNMoney.com) -- In spite of the recession of housing, the majority of the workmen of average revenue always put 't gain enough to buy a house median-evaluated at their birthplaces, according to the center for the policy of housing.
The center, an arm of the lobby accessible from housing of the national conference of housing (NHC), costs of housing compared in 201 sectors of subway with the wages of median in these sectors for 60 important vocations, such as the police force, firemen and professors.
Although the domestic prices fell into 161 from these markets from the 12 month finishing on September 30, 2007, according to the study, the costs at the house was always too high for the typical workers on the majority of the markets.
Chicago, for example, the median house was sold for $262.000. Supposing that a purchaser would put 10 percent downwards and had a ceiling of expenditure of 28 percent of gross income for housing, they 'd must gain $85.589 to buy a house.
But the recorded nurses gained a median only of $63.938 Chicago. The technicians incorporated a median of $39.876, the office clerks $42.441, the salesmen with detail $23.056 and workmen $21.786 of service of delicatessen. For these people, the owner of housing remains out of reach distance.
Owner of housing in the fall record
We hear much about, of economy �of information � but the majority of the active families are still employed in traditional trades of service. In much of sectors of subway, these families continue to face the domestic prices and with the rents which are beyond their means, and consequently, the employers have a difficult time to attract a work of quality
Tuesday, February 12, 2008
Most middle class still can't buy a house
Posted by honey at 12:23 AM
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment