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Navigating the Affordability Crisis in Housing
This chapter examines the pressing issues within the current housing market, including unaffordability and rising inventory levels. It highlights how economic factors, such as high home prices and increasing mortgage rates, impact potential homebuyers and the responses from builders facing market challenges. The discussion also addresses the social implications of homeownership becoming an entitlement for the wealthy, and the significant role of family support in navigating these financial hurdles.