Evening Edition: When Will Housing Affordability Return?
Millions of Americans trying to buy a first home have been grappling with unaffordable home prices and high mortgage rates. And it is not just those looking to buy a home, those renting a place to live are also facing increases in rent with a significant decline in affordable units. Has the American dream of home ownership disappeared and when or how can this change?
FOX’s Eben Brown speaks with Emily Dowdall, President of Policy Solutions at Reinvestment Fund, who explains how home prices became so unaffordable and how they can be lowered.
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