Most Americans Can't Afford New Homes

Most Americans Can't Afford New Homes Most Americans can’t afford a new home. A new analysis from the National Association of Home Builders (NAHB) shows that 65% of U.S. households are priced out of newly built homes, based on current prices and mortgage rates. In some parts of the country, the situation is even more extreme. More than 80% of households can’t afford a new home, highlighting how widespread the affordability gap has become. This map, via Visual Capitalist's Dorost...

By Tyler Durden