Ep. 342 | Can Only Half of Americans Afford a 250k Home?

SUMMARY: We explain why it is not true that only half of Americans can afford a $250k home, Federal Reserve 2023 survey finds a big price variance between homebuyers now and pre-2022, Fed Vice Philip Jefferson talks housing, and new construction keeps inventory levels from falling…

SHOW NOTES:

• Nearly Half of US Households Can’t Afford a $250,000 Home Is Not Entirely Accurate
• Homeowners Who Bought Pre-2022 Are Saving Over $8,000 A Year
• The Fed Vice Chair Talks Housing
• Share of Newly Built Single-Family Homes Holds in Q1