The average age of U.S. homebuyers jumps to 56—homes are 'wildly unaffordable' for young people, real estate expert says
The average age of U.S. homebuyers jumps to 56—homes are 'wildly unaffordable' for young people, real estate expert says
www.cnbc.com The average age of U.S. homebuyers jumps to 56—homes are 'wildly unaffordable' for young people, real estate expert says
With home prices up nearly 40% since 2020, buyers are now wealthier and older, making them more likely to outbid younger buyers with all-cash offers.
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Well, yeah. "House" no longer means "Place where people live". It's now defined as "long-term investment/passive income generator".
Exactly. Which is why so many super expensive houses are actually fucking run down in run down shit neighborhoods.
I rarely agree with dictators, but when Xi xing ping said that houses are for living and not speculation he damn well was right.
46 comments