E4: Is Homeownership a Luxury [ Show Notes]
Episode Description:
As of April 2021, the real estate industry is booming. But what does it mean for buyers? In this episode, we discuss recent trends in the real estate market and whether owning a home should be considered a luxury purchase. Specifically, we cover:
- What it means for a home to be affordable based on a recent survey
- Affordability trends in the US
- The connection between homeownership and the American Dream
- The new route to homeownership for the Middle Class
In this episode we discuss
- The Average Family Can't Afford to Own a Home: Marketwatch
- Attom Data Solutions: Home Affordability Report
- Inheritance, Not Work Has Become the Main Route to Middle Class Homeownership
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