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Re: janice shell post# 479009

Monday, 06/10/2024 7:41:15 AM

Monday, June 10, 2024 7:41:15 AM

Post# of 483966
You
what percent of us can afford a home

Copilot
As of the latest data, it appears that homeownership has become increasingly challenging in the U.S. In 2023, approximately 43 out of 100 Americans could afford a home1. This is a significant decrease from 1960 when about 68 out of 100 could afford one1. The situation has been exacerbated by factors such as incomes not keeping pace with the rise in housing costs, a slowdown in housing construction, and a surge in homebuying during the COVID-19 pandemic2.

Moreover, a report from 2022 indicated that nearly 7 out of 10 households could not afford a new median-priced home, which highlights the severity of the housing affordability crisis3. It’s a complex issue influenced by various economic factors, and these statistics provide a snapshot of the current state of housing affordability in the country.

(As usual you dems are only concerned about 30% of the population,,,,You underestimate men)

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