It’s not a secret that housing is expensive, but what’s less apparent is the  widening financial gap  between  existing homeowners  and those looking to gain a foothold in the market.  Since the COVID-19 pandemic, the US housing market has fractured into two,  mirroring the broader K-shaped economy . On one side are the new buyers, paying a record premium to enter the market; on the other are existing homeowners , whose housing costs —as a share of income—are at near-record lows. At first

Tag-uri: Coronavirus