4min chapter

The Financial Samurai Podcast cover image

How To Permanently Defeat Inflation And Save Your Budget

The Financial Samurai Podcast

CHAPTER

Complaining About Inflation

At the current 30 year mortgage rate, a family would need 20% down and a $120,000 gross income to afford the average American home. 66% of Americans own homes and 40% of those homes are owned free and clear without a mortgage. So who is buying? Well, the majority of Americans are buying. There's a fallacy where you compare the median home price to the median household income. The person with enough funds who are buying has never been that way.

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