How Many Hours Americans Need To Work To Pay Their Mortgage
Guys,
Amazing numbers in America to survive. Today’s visualization from HowMuch.net applies a common denominator to compare 97 of the biggest cities in the United States. Using a measure of median household income against the average mortgage payment in each city, we get a gauge of how many hours must be worked each month just to pay down the house.
The visualization uses data from the U.S. Census for household income and Zillow for median home listing price, while calculating mortgage payments based on a standard 30-year term.
Source: http://www.zerohedge.com/news/2017-10-19/how-many-hours-americans-need-work-pay-their-mortgage
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Where is Hawaii and Alaska? I live in Hawaii.
good question, my source does not show that
Udah bg
@javybar,
Seriously in LA people needs to work atleast 112 hrs to pay the mortgage! Oh that's huge, that means around 10 working days need to pay the house hold bill :O Seriously now I feel I am a lucky guy who lives in Asian country!
Thanks for sharing this useful information friend!
Cheers~
I must think about that my opinion is 10-12 working hours need to pay their mortgage.
Upvoted, Resteemed
My idea is a need to work 12 hours for their s payments.
Upvote & Resteem sir.
Looking around and then get idea. my opinion 15 hours need to working per day at-least.
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Its really a nice post @javybar
helpful post vai
Upvote please
Upvote please