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