Reminder: Most Kansas City Residents Won't Ever Be Able To Afford Their Own Home

Home ownership as a component of the American Dream is now kaput.

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To afford payments on a $307,000 house, a median-income household would need to put down $76,273, which is about 24%, according to Zillow Group Inc. The real estate company used a Kansas City household income of $81,760 for its study.

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Here's what a Kansas City household has to put down to afford a $300,000 house - Kansas City Business Journal

Kansas City households need to put down more than 20% as a down payment to afford a home of median value, a recent study says.