Inflation has reached its lowest point in 2 1/2 years. The unemployment rate has stayed below 4% for the longest stretch since the 1960s.
  • icydefiance@lemm.ee
    1·
    7 months ago

    If your household income is very low, then your family may not be able to afford to buy a house.

    If your family can’t afford to buy a house, then your family doesn’t get counted as a household.

    • FlowVoid@lemmy.worldEnglish
      1·
      7 months ago

      That’s absolutely not true. A household is one or more people who live in a housing unit. They can be homeowners or renters.

      A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

      A household includes the related family members and all the unrelated people, if any, such as lodgers, foster children, wards, or employees who share the housing unit. A person living alone in a housing unit, or a group of unrelated people sharing a housing unit such as partners or roomers, is also counted as a household.