He asked if I have roommates and added their annual income so that I could have a household income of $70,000.

Originally posted by "**********":As of May, one in every 483 U.S. households either lost the home to foreclosure, or received a default notice of default.Many cure the notice of default.

As a govt employee you you likely make alone a higher salary than the national median household income.

Then we will return the security deposit in accordance with our final inspection and report, as necessary by landlord-tenant law.Change of household make up is common, so we have a procedure in place to add or subtract authorized occupants, as well as change the terms of the rental agreement to change the names of the tenants who are jointly and severally liable to the agreement or to increase the amount of the security deposit, if warranted.

Due to me having my son, a few months after graduating high school; I had to find a career where I knew I could find work and that would also bring a decent income, into the household.

IE don't want to invest in a city that is dying.. but its still bottom line your talking about a rental.. and unless rents rise significantly  ( which they don't in any mid west market) or values rise significantly ( which they will in some of these hot little pockets of redevelopment in even most of the big cities of the US.. that's whats important those macro numbers of house holds and cost of living that's all just white noise.. people live there they are going to rent for what they rent for and that's about it..the most money is made on areas that are transforming..

Why are home prices so high despite......Record low homeownership not seen since the early 90's at 63.7%Income and median household price disparity is greater now than in was in the housing crashPer the case shiller index, the 20 city average is only 11-12% away from the July 2006 highWhat am I not seeing here?

Changes in household make-up are not uncommon.

Household spending has been rising moderately but business fixed investment has remained soft.

Denver’s average Median Household income (latest stats I could find) is $62,760. http://www.bizjournals.com/denver/blog/finance_etc...Still less than the average home price....but even then, my numbers could be way off...but they are still trending in the same direction based on this Denver Post article from last March.http://www.denverpost.com/2016/03/04/what-salary-i...This shouldn't be new news to anyone who's watching the market in this area.