Per Inquirer: Households needs at least 100K to buy a typical home for sale, according to a report by Redfin.
In October, people needed to make $107,000 annually, 46% up from from about $74,000 a year earlier, according to Redfin.
Increases in home prices and mortgage interest rates have made homes less affordable.
Home sales have slowed in large part because fewer people can afford to buy homes.
