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What's driving generations apart—and ideas to bring them together
TED Radio Hour
Rising Home Prices Impacting Affordability
The median home price has significantly increased compared to median household income, leading to a surge in average mortgage payments. This rise is attributed to a combination of accelerated interest rates and the average cost of a home. The current scenario suggests that existing asset owners are leveraging government influence to hinder new entrants from acquiring assets, consequently boosting their own net worth.
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