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Tuesday, July 23, 2024

All articles tagged Housing (2)

The Salary You’ll Need to Pay the Mortgage On Famous TV and Movie Homes

The Salary You’ll Need to Pay the Mortgage On Famous TV and Movie Homes

In the entertainment world, iconic TV and movie homes have earned cult followings and captured our imaginations for decades. And in recent years, more of these treasured homes have been listed for sale — ahem, any bidders on Regina George’s "Mean Girls" mansion?  But what would it cost actually to live in one of these famed dwellings, and what annual salary would you need to earn to afford their mortgages? Apparently, a small fortune. Using Zillow’s estimated home... read more »

Breaking the 30% Rule: The Real Cost of Housing for Millennials and Gen Z

Breaking the 30% Rule: The Real Cost of Housing for Millennials and Gen Z

A general rule of thumb is that we should spend around 30% of our monthly wage on housing expenses. But how many of us are spending more - and how many of us are spending much more? Housing costs can put a strain on many of us. But it’s possible that they’re putting more of a strain on certain demographics than others.  To understand more about the financial challenges faced by different demographic groups in the United States, we conducted a survey of 1,002 consumers... read more »