Bloomberg Wall Street Week - September 13th, 2024
Wall Street Week
Homeownership: A Dream Deferred
The critical issue facing capitalism today is the inability of the average American to afford a home. This challenge has led to more than half of 20-year-olds living with their parents, driven by skyrocketing home prices that have tripled in recent decades, while incomes have only doubled. This significant disparity highlights a pressing affordability crisis that needs to be addressed in the current political climate.
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