clock menu more-arrow no yes

Filed under:

Homeownership in a Detroit second

New, 1 comment

When it comes to saving to buy a house, aspiring Detroit homeowners do not hustle quite as hard. The city comes dead last (or dead first!) in an Atlantic Cities list which combines areas' average wages with median home prices to figure out how long it should take Mr. or Ms. Average to save up enough to make a down payment-- in Detroit's case, 3.4 years. Just think, Detroiters: after a measly 3.4 years of waiting, not only will you have a home, but you may have finally gotten to the front of the Slow's line for some BBQ to put in your new refrigerator. [The Atlantic Cities]