4.6 • 2.8K Ratings
🗓️ 4 June 2025
⏱️ 63 minutes
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0:35.1 | Here is a big question that a lot of young people are thinking about. How much home can you actually afford in 2025? |
0:42.8 | Brent, I am so excited to talk about this because housing has become this just very unique thing. |
0:49.6 | It's almost like for people today that are not homeowners yet, it's almost like it's the white whale. |
0:56.0 | It is like that unachievable goal that it seems to keep moving further and further and further |
1:01.3 | away. And so one of the questions we want people to be able to answer is, okay, when it comes to |
1:05.3 | buying a home, when it comes to making this significant life decision, how do I do it and how do I do |
1:10.5 | it well? Well, I think a good place |
1:12.2 | to start. And I was really, it's interesting when I get a resource that shares data so people |
1:19.0 | can actually use this data to figure out where they fall into things. There's this interesting map |
1:23.7 | that's come in our purview of how much people have to make to afford homes in each state. |
1:33.1 | Yeah, this is the median income recommended for buying a three-bedroom home by state. |
1:39.9 | So how much does my median income need to be in this state to buy a three-bedroom home? |
1:45.7 | As provided by data from visual capitalists. |
1:48.4 | If you don't look to their stuff, it's very interesting. |
1:50.4 | But look at this. |
1:51.4 | I mean, there's a spread. |
1:52.7 | Now, I guess if we were trying to figure out the lowest, I've been told by team West Virginia, |
1:56.8 | $71,000 down there. |
1:58.8 | And then if you want to go to the highest, we have to look out to California. |
2:02.9 | I think it's actually, Hawaii is the highest. |
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