Only 10 percent of those surveyed in a new poll said the “American dream” of homeownership is affordable, with others citing 40-year high inflationary costs, 23-year-high interest rates, limited supply of affordable housing and earnings that have eroded because of inflation.
According to a Wall Street Journal/NORC poll of 1,502 U.S. adults, the sentiment was consistent across gender and party lines, with young Americans expressing the greatest despair, saying they’ve “been priced out of homeownership.”
Read More