Your kids can’t afford to be here

From the NY Post:

Here’s how much owning a home in 2030 will cost based on stagnant US salaries

The national median home price is projected to climb to $615,103 by decade’s end, while income gains lag behind — leaving households across the country priced out of homeownership unless their earnings rise dramatically.

Nowhere is the affordability crunch more severe than in Montana, where home prices are forecast to hit roughly $932,584.

To keep up, the average household income would need to jump by an eye-popping 144%, reaching nearly $191,000.

Once considered a haven of affordable living, the state’s housing market has spiraled upward amid a pandemic-fueled influx of remote workers.

California, long a poster child for housing sticker shock, isn’t far behind. The Golden State is projected to see its median home price climb to more than $1.23 million, requiring households to bring in more than $250,000 annually — nearly a 140% increase in average salary — to afford a typical property.

While California boasts some of the country’s highest wages, they haven’t kept pace with the runaway market, the report notes.

New York, to no one’s surprise, is also poised for a pricing crunch.

By 2030, the median home is expected to cost more than $780,000, while the income needed to buy it will need to surge past $179,000 — a 103% leap. Much of that growth is concentrated in dense metro areas like New York City, where demand continues to outstrip supply.

Rhode Island and New Jersey round out the top five states with the biggest affordability gaps. 

And in New Jersey, residents will need to earn more than $210,000 annually to manage projected housing costs nearing $845,000. That would make it the second-most expensive state in terms of income required to afford a home, behind California.

This entry was posted in Demographics, Economics, Employment, Housing Bubble, New Jersey Real Estate. Bookmark the permalink.

25 Responses to Your kids can’t afford to be here

  1. Dark Phoenix says:

    The Air India crash and America have a lot in common.

    One is a perfect metaphor for the other.

    Smoke ‘em if you got ‘em when the times come, the end game your masters have planned for you is currently underway.

    Are you pussies ready to fight for your freedom? Or just do some online shopping?

  2. Juice Box says:

    Happy Farters Day!

  3. Dark Phoenix says:

    Although Boelter’s exact motivations remain unclear at this time, FBI investigators believe the shootings were politically motivated and are offering a $50,000 reward for information leading to his whereabouts.

    His best friend and roommate David Carlson told local news outlet KARE he is an avid Trump supporter and voted for the Republican candidate.

  4. RentL0rd says:

    Give thanks to all the mothers who let their dad slip in even when they were not in the mood.

    A message on behalf of all women underrepresented here.

  5. Chicago says:

    Huh? You are messed up. Not funny.

    RentL0rd says:
    June 15, 2025 at 11:07 am
    Give thanks to all the mothers who let their dad slip in even when they were not in the mood.

    A message on behalf of all women underrepresented here.

  6. Chicago says:

    I am not disagreeing on the U.S. Government’s tactics, which are in violation of the Constitution and a court order. However, the narrative was a fiction built during a very bad period in this country. The lawlessness sanctioned by the prior administration paved the way for our Grand King Orange. I am mystified why there needs to be some kind of whitewashing of these characters to generate public sympathy. We have a whole host of really bad people doing bad things that happen to be treated without due process but that’s a separate issue.

    OC1 says:
    June 15, 2025 at 12:23 am
    Does not fit narrative….. must suppress…..

    Suspected MS-13 gangbanger Kilmar Abrego Garcia was paid up to $1,500 per smuggling trip and may have raked in more than $100,000 annually trafficking humans, including minors, according to witnesses.

    Let’s get him indicted and then put him on trial with a judge, lawyers, a jury, etc, and if he’s convicted of commiting crimes on American soil then he should do time in an American prison.

    After his sentence is up then we can deport him back to his home country.

    That’s the way it should have been done in the first place.

    The only “narrative” it doesn’t fit is yours.

  7. Dark Phoenix says:

    If that’s the case, I guess we should give even more thanks to the father’s that to this day don’t even know the kid that’s with them isn’t theirs.

    Women lie. Get a DNA test before you sign that birth certificate.
    The courts don’t care about the lies women tell. As long as there is a man they can extort money from to pay for the kid other than the system, and that they and their lawyer buddies can profit from.

    RentL0rd says:
    June 15, 2025 at 11:07 am
    Give thanks to all the mothers who let their dad slip in even when they were not in the mood.

    A message on behalf of all women underrepresented here.

  8. Juice Box says:

    Immigration Courts have a massive years long backlog, which currently sits at about 4 million cases. These are people who applied for asylum at a border crossing or via the iphone/andriod App the Biden admin re-tasked to allow them starting in 2023 to skip the interview at the border.

    There are about 700 immigration judges in 71 districts… Even if the judges could schedule the dates for all of these people and give them their day in court most would still be deported under the law. It’s over 70%.

    The remaining millions who are here illegally and are not in the immigration system? They have no chance to stay here at all under the current laws.

    Trump admin only reached about 2,000 arrests last week. They are not arresting and processing that many people. That would be about 2 thousand weeks of arrests….would only get us to 4,000,000 illegal aliens. That would be 38 years of arrests at the current pace. Long after Trump is dead and buried.

    Immigration law needs to change, the country is polarized over it..We need a stable and verifiable process not the chaos which we have today.

  9. Dark Phoenix says:

    Israel blowing up Iranian oil and gas facilities.

    Well that should lower gas prices 🤔

    Everything more expensive.

  10. NOTHING BUT THE TRUTH says:

    RentL0rd says:
    June 14, 2025 at 12:29 pm
    Authorities are searching for a male wearing a vest with Taser, a badge and other equipment similar to that of a police officer, according to Bruley.

    Gary’s party of violence and vendetta.

    As usual RANT LORD is full of POOP, A real blowhard simpleton. The MAGA TURDS did it of course.

  11. RentL0rd says:

    12:31 – Vance Boelter voted for Trump. What part of that news did you not get?

    Chi- you do not have a funny bone. Nothing new.

  12. 3b says:

    Juice: I posted a comment last week about how do we reach a solution on the illegal immigration issue, and the reality that the overwhelming majority will never be deported, so what do we do? No one had any type of reasonable response, or response at all. We already had millions of illegal immigrants here prior to the Biden administration, and the Biden administration allowed millions more to come in, with absolutely no solution or plan going forward. And yes, it was chaos.

    That said I do have a few extended family members I would to deport to Antarctica.

  13. RwntL0rd says:

    We just need Russia to get involved and its WW3.

    America is holding the whole world as hostage with its support for Israels bullying.

    And MAGA thought he was going to end all wars.

  14. 3b says:

    Dark: Maybe Iran should focus on other things then having their so called morality police running around beating up and sometimes killing women for not wearing head scarves, and other morality violations. Meanwhile, and oh the irony, Israel just had one of the largest Gay Pride parades in the world in Tel Aviv a couple of days ago.

  15. Very Stable Genius says:

    Is Ayatollah Ali Khamene pleased with his parade?

  16. SmallGovConservative says:

    I’m convinced many of yesterday’s screamers were the same white suburban imbeciles that made up the No Nukes marches in 1980. We knew the Dems had already largely lost men, but to see how rapidly they’re losing people of color, including black men, is startling.

  17. RentL0rd says:

    “Yesterday’s screamers” cost you nothing and they exercised a fundamental right.

    And your kings parade that almost eveyone boycotted cost you $45 million.

    But you will suck up to donny even if he raped you.

  18. Dark Phoenix says:

    Don’t care either way about Israel’s Gay parade any more than I care about Iran’s head scarves. They are their own countries and should be none of our business. It’s time we stop being the morality police when we aren’t pious ourselves.

    What I don’t want is getting involved in more wars, or paying more for shit cause we chose a side.

    And I’d bet no Iranian woman would even think of making a false accusation of child abuse on her husband to win in divorce court. They have a way there to prosecute women for that, unlike this “civilized country” with its worthless, overpriced and corrupt courts and judges.

    I could have gotten justice there for a dollar fifty.

  19. Dark Phoenix says:

    RL

    Putin, like him or not, is a real leader actually looking out for his people. In a few years America would have marginalized them into nothing, been trying to do that since Reagan was president. He held his cool until America backed him into a corner. 24 hour war ending? F no, guy means business. Better believe it.

    He can’t be bought. It’s about honor for him. Unlike Taco Trump this guy maintains course, heading and speed. Doesn’t flinch. The type that will look you in the eye right before he executes you.

  20. YO says:

    1:53 deeeeeeeerrrrr you tard. $45m parade where no one came.
    Yet thousands showed to voice their displeasure with an idiot.

  21. Dark Phoenix says:

    Are they going to Singh-Singh prison?

    Gurprit Singh, 34, of Framingham, charged with theft of $2,547,508 in government funds; Amarpreet Singh, 33, of Framingham, charged with theft of $536,214 in government funds

  22. Dark Phoenix says:

    Supposedly the Trump- Throne-Toilet was a hit.

  23. Dark Phoenix says:

    A protest a little closer to home. How come both of these groups aren’t pro-American?

    https://www.reddit.com/r/bergencounty/comments/1l8eevq/last_sunday_demonstrators_interrupted_a_proisrael/

  24. Dark Phoenix says:

    Murrrrrphyyyyy

    Owners of SUVs and trucks over 5,000 pounds could see their annual registration fees double under a state Motor Vehicle Commission proposal.

    The MVC’s Fiscal Year 2026 budget proposes a fee increase from $53.50 to $107 in the annual registration fee for non-commercial passenger vehicles weighing over 5,000 pounds, said William Connolly, a MVC spokesperson.

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