New Study Reveals How Much Young People Have to Struggle to Buy Homes
Statele Unite
The national median price for a house is now three times higher than the median household income for Americans under 40—an obvious explanation for why nearly all young people say it’s harder for them to buy a home than it was for their parents. A study from the Pew Research Center released Wednesday shows home prices spiking tremendously in the beginning of the 2010s, and median home value rose 30 percent (from $269,600 to $350,000) from 2019 to 2024. This surge occurred at almost three times
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