News@lemmy.world · 2 months ago

Renters' hopes of being able to buy a home have fallen to a record low, New York Fed survey shows

www.cnbc.com

cross-posted to:
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Renters' hopes of being able to buy a home have fallen to a record low, New York Fed survey shows

www.cnbc.com

return2ozma@lemmy.world

News@lemmy.world · 2 months ago

cross-posted to:
[email protected]

The share of renters who believe that they one day will be able to afford a home, fell to a record low 13.4%.

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2 months ago
The rates would be tolerable if the home prices weren’t 2-10x what they were in 2019.

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