Orlando realtor Freddie Smith discusses how owning a home and living a typical middle class life has become increasingly unattainable for most millennials and older Gen Z.

TL;DR: Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home. Minimum.

  • kent_eh@lemmy.caEnglish
    282·
    10 months ago

    Mr Realtor can blame his own industry for a good portion of the problem.

    • JokeDeity
      1·
      10 months ago

      As someone currently going to school (and struggling) to get my real estate license, I would like you to expand on this. We don’t set home prices, that’s appraisers. We don’t approve loans, that’s the banks. All we do is help you find and purchase or sell a home for a small percentage, and there are tons of things we have to know to help you in the process so you don’t get screwed over or have someone pull illegal moves in the sale. How is this the fault of real estate agents?