First Time Home Buyers Are Getting Screwed Due to Housing Affordability making up just 31% of home buyers in December. At the same time, Most Gen zer's feel like a mortgage is out of reach in this housing market. When will housing prices collapse? What's the future of the Housing Market? Will we see a 2023 housing crash to making buying a house more affordable? In this episode, we look at the current state of the housing market and why it's difficult for a first time home buyer to compete along with looking at the current household composition of buyers, the median age of home buyers as well as the race/ethnicity of home buyers now versus the past.
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