It's Been a Minute Do you want out of The Cult of Homeownership?
Nov 21, 2025
Join NPR's Scott Horsley, a veteran economics correspondent, and Raina Cohen, a producer and author, as they delve into the evolving landscape of homeownership. They challenge the traditional view of the American Dream, critiquing the proposed 50-year mortgage as an inadequate remedy for affordability. Discover the rising trend of co-buying among friends and its cultural implications. Plus, they explore how shifting demographics are reshaping adult milestones and why concepts of stability and security in housing are being redefined.
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Homeownership As American Success
- Homeownership symbolizes the American dream, signaling independence and success for many people.
- Scott Horsley notes it has been the primary vehicle for family wealth accumulation over time.
50-Year Mortgages Miss The Point
- The proposed 50-year mortgage aims to make homes seem more accessible by lowering monthly payments.
- Scott Horsley and Rhaina Cohen say it doesn't solve the main barrier: the down payment and long-term equity loss.
Homebuyer Age Has Risen Sharply
- Median first-time homebuyer age has risen substantially to about 40 years old.
- The median age of all home buyers is 59, reshaping who policymakers and marketers should target.
