The Fools of the Hill
COMMENT FROM EUROPE: Hello, Mr. Armstrong; I hope you are having a good Saturday so far ? reading today your latest post ,it seems to me the world is approaching [...]
According to GOBankingRates, to afford a house now in California it requires $89,280 annual salary. This is the highest in the nation and is a warning that taxes are pushing the limit in California to the point that homes will enter a very sharp decline as people keep trying to leave. This chart is interactive and you can click of each state to look at what is required. An interesting exercise. The cheapest state is Ohio where you need an annual salary of 28,800 to survive.