https://medium.com/@chrisjeffrieshomelessromantic/poll-70-of-americans-between-the-ages-of-23-and-40-who-want-to-buy-a-home-say-they-cant-afford-07902bcaea6d The dream of homeownership has long been a cornerstone of the American dream. However, for a significant portion of young Americans, this dream remains elusive. A staggering 70 percent of individuals aged 23 to 40 who aspire to buy a home find themselves unable to afford it. This article delves into the root causes of this affordability crisis, exploring economic, societal, and policy factors that contribute to the struggle faced by millennials and Gen Z

  • electric_nan@lemmy.ml
    ·
    3 months ago

    I'm 45, married, decent job (both of us), decent savings, but buying a house is unrealistic. Standard 3/2 here is at least $450k or more if you want something that doesn't need like $100k of work. I just can't wrap my head around putting 20% down and still paying $3k/month.