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Financial Freedom CountdownFinancialFreedomCountdown
2025-01-06

Affordability was calculated based on the housing cost-to-income ratio.

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Financial Freedom CountdownFinancialFreedomCountdown
2025-01-01

The Connecticut home has an estimated $3.9M value, resulting in a whopping monthly payment of $31,842.

Read the full article: Can American Families Afford These Classic Holiday Movie Homes
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Financial Freedom CountdownFinancialFreedomCountdown
2024-10-17

But as we dream of living in these picture-perfect homes, the question remains: Can the average American today afford these cinematic dwellings?

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Financial Freedom CountdownFinancialFreedomCountdown
2024-09-18

Over the years, housing costs have surged exponentially, outpacing the growth of incomes for many families.

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Financial Freedom CountdownFinancialFreedomCountdown
2024-08-16

Facing personal struggles and disillusionment, George finds himself on the brink of suicide on Christmas Eve.

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Financial Freedom CountdownFinancialFreedomCountdown
2024-08-05

Monthly payments were calculated based on a 30-year fixed mortgage with 7% interest was considered.

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Financial Freedom CountdownFinancialFreedomCountdown
2024-06-17

All parts of the movie, including the famous airport scene, were filmed in Illinois, and the Gregorian home on an ½ acre lot has an estimated price of $2.39 million.

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Financial Freedom CountdownFinancialFreedomCountdown
2024-05-15

As snow blankets the streets and festive decorations adorn houses, we often find ourselves immersed in the magic of classic Christmas movies.

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Financial Freedom CountdownFinancialFreedomCountdown
2024-04-24

Today, the affordability of homes, particularly those depicted in classic Christmas movies, faces several challenges compared to the past.

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Financial Freedom CountdownFinancialFreedomCountdown
2024-03-29

From the heartwarming “Home Alone” to the enchanting “Miracle on 34th Street,” these films showcase the cozy abodes where characters celebrate the season’s joys.

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Financial Freedom CountdownFinancialFreedomCountdown
2024-02-07

One primary factor contributing to this disparity is the significant increase in real estate prices relative to household incomes.

Read the full article: Can American Families Afford These Classic Holiday Movie Homes
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Financial Freedom CountdownFinancialFreedomCountdown
2024-01-12

The home has a monthly payment of $33,678 based on the current estimated purchase price of $4.7 million.

Read the full article: Can American Families Afford These Classic Holiday Movie Homes
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Financial Freedom CountdownFinancialFreedomCountdown
2023-12-28

Filled with comedy, heartwarming moments, and Kevin’s ingenious schemes, the film showcases the power of resourcefulness and family, delivering a holiday classic embraced for its humor and heart.

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Financial Freedom CountdownFinancialFreedomCountdown
2023-12-22

As Susan’s disbelief in Santa Claus is challenged, her wish for a house and a father figure becomes entwined with Kris Kringle’s mission to restore belief in the holiday spirit.

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Financial Freedom CountdownFinancialFreedomCountdown
2023-12-20

However, when Frank unexpectedly suspends the bonuses, chaos ensues, and Clark’s plans for the perfect holiday are thwarted, leading to a series of hilarious and chaotic mishaps.

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Financial Freedom CountdownFinancialFreedomCountdown
2023-12-19

Clark Griswold, played by Chevy Chase, anxiously anticipates his holiday bonus from his boss, Frank Shirley, hoping to install a swimming pool for his family.

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Financial Freedom CountdownFinancialFreedomCountdown
2023-12-18

Although specific details of Frank’s high-level executive position are not revealed in the movie, the home would be unaffordable today based on the average income.

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Financial Freedom CountdownFinancialFreedomCountdown
2023-12-17

Although Flintridge, CA has a higher household income of $210, 625 the home featured in the movie has an estimated value of $2.1 million, making it unaffordable.

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Financial Freedom CountdownFinancialFreedomCountdown
2023-12-16

In examining the affordability of iconic Christmas movie homes, it’s evident that the dream of owning these nostalgic residences remains elusive for many middle-class Americans today.

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Financial Freedom CountdownFinancialFreedomCountdown
2023-12-15

We compared six classic holiday movie home prices with the average income to determine affordability.

Read the full article: Can American Families Afford These Classic Holiday Movie Homes
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