Americans can afford only 28% of homes on the market

    https://www.newsweek.com/americans-can-afford-only-28-homes-market-2116122?utm_source=reddit&utm_campaign=reddit_influencers

    Posted by Newsweek_CarloV

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    1. Newsweek_CarloV on

      From the article:

      Only 28 percent of homes currently for sale across the country are affordable for the typical U.S. household, according to a new report, showing that homeownership continues moving further out of reach for Americans even as the market finally slows down.

      The August 2025 Buying Power Report from [Realtor.com](http://Realtor.com) shows that, as the maximum affordable home price for a median-income household in the U.S. has fallen to $298,000, just a little over a quarter of all homes on the market are priced within reach of the typical U.S. household.

      Back in 2019, before the pandemic homebuying frenzy, the maximum affordable home price for a median-income household was nearly $30,000 higher, at $325,000.

    2. Welcome to end-stage capitalism in America. The wealthy own everything, while you RENT everything.

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