Residence possession continues to be the American dream for a lot of. In truth, householders have a median internet wealth that is practically 75 occasions higher than renters, in keeping with the U.S. Census Bureau.
However for decrease and center earnings households, it is changing into more and more exhausting to satisfy the 20% down cost often required to purchase a house. RealtyHop took an in-depth take a look at what number of years it takes to save lots of up for a house within the prime 150 most populated cities within the U.S.
These are the highest 5 cities the place it takes the longest time to have the ability to afford a house and the highest 5 cities with the shortest occasions.
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