Why Buying a House May Not be Affordable Any Time Soon
Publisher |
WNYC Studios
Media Type |
audio
Categories Via RSS |
Daily News
News
News Commentary
Politics
Publication Date |
Dec 08, 2023
Episode Duration |
00:30:29

Mortgage rates are high, and housing supply is low, which means buying a home is particularly unaffordable right now. Annie Lowrey, staff writer at The Atlantic and the author of Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World (Crown, 2018), explains why this is, and why it may not get better any time soon.

→"It Will Never Be a Good Time to Buy a House: Maybe in 2030?" (The Atlantic, Nov. 26, 2023)

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