US residents must make $120K a year to afford a home in 2024, realtor claims: ‘The old American dream died’

Americans now need to make $120K a year to afford a typical middle-class life and qualify to purchase a home, one expert discusses. “I think most of us in America would define the middle class as somebody who can work a 40-hour-a-week career and can have the income to purchase the average home in America,”