Impossible for average individual to get an typical house?

average person you really should maintain an eye on:
Question by Mike T: Impossible for typical individual to get an typical home?
The average individual makes only $ 35,000 a year although the average residence is around $ 400,000. I've heard that you ought to not devote more than 1/3 of your income on your property, so that would mean the typical individual can only invest a max of $ 12,000 a year to pay off the mortgage. If you divide $ 400,000 by $ 12,000, it would take the average

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