Housing is a free market, where prices are set by buyers willing to pay the price to buy a house. If you are a buyer, your enemy is not the seller, but rather the other buyers around you who have the money to buy the house.
A new report from mortgage site HSH.com reveals just how much you need to make to afford a median-priced home in America’s biggest cities.
Read Full Story: Here’s the salary you have to earn to buy a home in the biggest US cities