A Harvard Joint Center for Housing Studies analysis found 65% cannot meet monthly expenses after housing, and nearly half of renters were cost-burdened in 2024.
The AP report highlights 21-year-old Tyler Jones in Springfield, Massachusetts, who works two jobs, has no debt, yet says homeownership still feels out of reach.
Financial therapist John Hankins said housing insecurity can fuel anxiety and delay planning, urging renters to face their finances, build credit carefully and avoid comparing themselves with earlier generations.
Can therapy fix financial anxiety when the housing market itself is the primary source of stress?
As the U.S. builds more homes, will they go to first-time buyers or be snapped up by large institutional investors?
A $124 trillion wealth transfer is coming. Will this historic inheritance boom finally close the homeownership gap or widen it further?