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Recent listings in Florida showcase the disparity between home prices and buyer capabilities. A typical house at approximately $750,000 illustrates the extremes of the market. With high down payments and mortgage rates, prospective buyers may spend a staggering $3,701 a month for housing-related expenses.
To put that in perspective, working at a wage of **$28 an hour necessitates over 132 hours monthly to cover just the mortgage. This economic strain fundamentally challenges quality of life, forcing many families to choose between maintaining basic living standards and affording a home.