Homeownership Delayed: Rising Costs Push First-Time Buyer Age to 40

8 articles · Updated · Business Insider · Apr 15

New data reveals that homeownership has become increasingly unaffordable in the US, with first-time buyers now averaging 40 years old.
Rising home prices, higher mortgage rates, and stagnant incomes are forcing buyers to spend a greater share of their income on housing.
The widening affordability gap is delaying homeownership, especially for younger buyers, and may limit future wealth-building opportunities.

With the average first-time buyer now aged 40, is the American dream of homeownership becoming a myth for younger generations?

As cities build more housing, how will this affect the property values of millions of current homeowners?

Is the housing crisis truly about a shortage of homes, or is it a deeper crisis of inflated land value?

Will President Trump's new executive orders to cut housing regulations actually lower prices for families this year?

Could factory-built homes be the disruptive technology that finally solves the affordability crisis?

What can be done to prevent institutional investors from consistently outbidding families for single-family homes?