_home-prices-skyrocket-47-since-2020-five-times-the-median-household-income-making-ownership-out-of-reach-for-many.jpg "Home Prices Skyrocket 47% Since 2020, Five Times the Median Household Income, Making Ownership Out of Reach for Many from helix learning center Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:49
👁 View: 20K times
✓ Published: 21-Jun-2024
👁 View: 20K times
✓ Published: 21-Jun-2024
Description:
Home prices have increased by 47% since early 2020, reaching a median price roughly five times the median household income last year, according to a report by the Harvard Joint Center for Housing Studies. This rise, coupled with high mortgage rates, has made homeownership increasingly unattainable for many, affecting nearly half of metro areas where buyers need over $100,000 to afford a median-priced home. The situation has also worsened racial disparities in homeownership, with only a small percentage of Black and Hispanic renters able to afford median home prices. The rental market has seen rising prices, driven by high demand and a significant housing shortage.
Home prices have increased by 47% since early 2020, reaching a median price roughly five times the median household income last year, according to a report by the Harvard Joint Center for Housing Studies. This rise, coupled with high mortgage rates, has made homeownership increasingly unattainable for many, affecting nearly half of metro areas where buyers need over $100,000 to afford a median-priced home. The situation has also worsened racial disparities in homeownership, with only a small percentage of Black and Hispanic renters able to afford median home prices. The rental market has seen rising prices, driven by high demand and a significant housing shortage.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_doctor-vs-nurse-36-over-5-years-shorts.webp "Miki Rai")
_adorable-moment-a-baby-gorilla-takes-its-first-steps-without-mum.webp "Watch the adorable moment a five-month-old baby gorilla takes its first steps without her mum.<br/><br/>Lucie Štěpničková, 37, was visiting Prague Zoo on June 14, 2024, when the baby gorilla, Mobi, five months, took her first steps.<br/><br/>Mobi- a critically endangered western lowland gorilla - was born in January 2, to mother Duni.<br/><br/>During Lucie's visit, Mobi walked independently away from her mum and started swinging on the rope in her enclosure.<br/><br/>Lucie, 37, from Prague, Czech Republic, said: \")
_learning-with-line-6-124-helix-back-to-basics.webp "Line 6")
_line-6-helix-9234command-center9234-functionality-and-uses.webp "Larry the Music Guy")
_replicating-the-dna-double-helix.webp "DNA Learning Center")
_how-dna-is-packaged-basic.webp "DNA Learning Center")
_for-craig.webp "our assignment is to design a primary school which has daycare integrated in an very urban context. the program is rather demanding, including some public functions like a small (children's) library and a sports facility.nni don t like the idea of children going to the daycare at all. especially because their friends go home to their parents everyday. i decided to make two buildings together instead of one school with daycare integrated.nnthe concept is based on my idea of what i call 'learning-")
_new-york-state-activates-emergency-operations-center-as-extreme-heat-sets-in.webp "Ahead of a four-day extreme heat event, New York Governor Kathy Hochul has activated New York State's Emergency Operations Center.")
_doctor-vs-nurse-36-over-5-years-shorts.jpg)
_adorable-moment-a-baby-gorilla-takes-its-first-steps-without-mum.jpg)
_learning-with-line-6-124-helix-back-to-basics.jpg)
_line-6-helix-9234command-center9234-functionality-and-uses.jpg)
_replicating-the-dna-double-helix.jpg)
_how-dna-is-packaged-basic.jpg)
_for-craig.jpg)
_new-york-state-activates-emergency-operations-center-as-extreme-heat-sets-in.jpg)
![[+]](/images/menu.gif){kind=small}