Orlando realtor Freddie Smith discusses how owning a home and living a typical middle class life has become increasingly unattainable for most millennials and older Gen Z.

TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.

  • yum_burnt_toast@reddthat.com
    11·
    11 months ago

    “applicants must be without decent, safe, and sanitary housing” is that a hard stop or is there some flexibility on that condition? im not trying to pry into your previous situation, but that makes it sound a bit more dire than the average renter.

    • Sybil@lemmy.world
      81·
      11 months ago

      i had a lease on an apartment when the process started.

      edit: honestly if the requirement were that you were homeless or next to it,i don’t think anyone would ever apply for this program. the first application is daunting, and then there is the matter of actually shopping for a house.