$40,092.12. That’s the amount you need to earn annually in order to afford a median-priced house in Atlanta, according to mortgage-tracker HSH.com.
That number’s up 5.79 percent in the 12-month period the company measured.
But economist Tom Smith with Emory’s Goizueta Business School says: this change is good. Or, more accurately, it’s neither good nor bad. It simply indicates the economy re-balancing itself after the recession.
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