Income and housing type don't tell the whole story. Even the least expensive housing option to purchase (that I can find) right now is roughly $3500/mo with 20% down after taxes and condo fees. Step that up to a single family and you are at nearly $2mil.
I can't even find any available rentals online right now. There may be some but nothing advertised openly. It seems to me like there are both financial and supply based barriers to entry here. Perhaps by design, who knows. On Mon, Apr 25, 2022, 15:36 Sara Mattes <[email protected]> wrote: > This is telling and offers some data points. > Linocln is not in the top 25, in spite of the fact that there are over 130 > folks who make over $1 million/yer. > > If you look at our state certified affordable housing, that makes up 14%. > 1/3 of our homes are condo, townhouses or apartments. > 1/3 of us are over 60. > > While we are not racially diverse, our housing stock and other measures > indicate a degree of diversity that might surprise some…and should factor > in as we plan, going forward. > > Sara > > > > > The median household income of $84,385 made Massachusetts the > third-richest state in the nation, according to new Census data. > > > https://patch.com/massachusetts/across-ma/these-are-richest-poorest-towns-massachusetts?utm_source=shared-email&utm_medium=email&utm_campaign=share > > ------ > Sara Mattes > > > > > -- > The LincolnTalk mailing list. > To post, send mail to [email protected]. > Search the archives at http://lincoln.2330058.n4.nabble.com/. > Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/ > . > Change your subscription settings at > https://pairlist9.pair.net/mailman/listinfo/lincoln. > >
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