Comment Comment by throwaway98434 This article like so many others makes a critical mistake in using a median price for minimum earners.A minimum wage earner is not and should not be in the market for a median priced home.A median wage earner would pursue a median priced home.A bottom quartile earner would pursue homes priced in the bottom quartile. Not the median.The title of this article is false. Minimum wage earners can often afford two bedroom homes priced at the lower end. parent throwaway98434 7 years ago
A minimum wage earner is not and should not be in the market for a median priced home.
A median wage earner would pursue a median priced home.
A bottom quartile earner would pursue homes priced in the bottom quartile. Not the median.
The title of this article is false. Minimum wage earners can often afford two bedroom homes priced at the lower end.