Mmastodon BusinessEconomy first seen 16 h ago, last 53 min ago, peak #2
Starter homes are vanishing across America
Original: The starter home is disappearing across America. These cities still have them https://www.fastcompany.com/91620856/the-s
A new report highlights that starter homes — affordable entry-level houses for first-time buyers — are increasingly disappearing from the American housing market. Rising construction costs, zoning restrictions and investor purchases have pushed new builds toward larger, more expensive homes. The report identifies a handful of US cities where starter homes remain available, drawing attention to widening affordability gaps for young buyers.
Why now: Housing affordability is a major concern for American homebuyers amid high prices and mortgage rates.
Evidence
- The starter home is disappearing across America. These cities still have them https://www.fastcompany.com/91620856/the-starter-home-is-disappearing-across-america-these-cities-still-have-them # RealEstate # Housing # Economy · fast_company@robot.villas · 3
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