The era when securing a ‘good job’ guaranteed homeownership is behind us, and we now have the data to back it up.
Gone are the days when a ‘good job’ gets you a house – and now we have the data to prove it
March 13, 2025
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It’s true that the housing market has shifted dramatically over the years. Factors like rising home prices, stagnant wages, and increasing living costs have made it much more challenging for individuals with stable jobs to afford homes. The dream of homeownership is increasingly out of reach for many, especially younger generations. Moreover, the data highlighting these trends underscores the urgency for policy changes to address housing affordability. We need to explore innovative solutions, like increasing the availability of affordable housing and supporting first-time homebuyers with better financing options. What do you think are some effective strategies to tackle this issue?