First-time homebuyers priced out as “starter properties” vanish from market

First-time homebuyers priced out as “starter properties” vanish from market

As soon as ubiquitous “starter properties” were disappearing from the U.S. market. Joseph Gyourk, a professor at the Wharton College of Industry, joins CBS Knowledge to focus on regarding the rising costs and lack of cheap properties.

#data #financial system #housingmarket

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