Owning a Home on a Single Salary
In the 1980s, purchasing a house on one person’s income felt within reach for many. Wages stretched in a way that often allowed one parent to stay home if they chose to, focusing on family life or other personal pursuits. The real estate market, while not without its challenges, was generally more forgiving to average earners. Today, attempting to buy property with just a single paycheck can feel like an uphill climb. Dual incomes, side hustles, and creative financing have become the norm, making that once-standard scenario a rarity.