The housing affordability crisis has emerged as a significant issue in the United States, leaving many aspiring homeowners grappling with unattainable real estate prices.Since 1960, the cost of a new single-family home has more than doubled, exacerbated by rising labor and material costs.
Tag: housing affordability crisis
Housing Affordability Crisis: Understanding the Causes
The housing affordability crisis has emerged as a pressing issue in the U.S., leaving many Americans struggling to secure a place to call home.With soaring prices and stagnant wages, homeownership has become a distant dream for a significant portion of the population.