Homeownership is slipping further out of reach for young Americans. New data shows the median age of first-time buyers has climbed to a record 40, as high prices, rising mortgage rates and limited inventory make saving for a downpayment increasingly difficult.
Many are now turning to partners, parents or friends to afford a home. Roza Kazan reports from Seattle.
For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.
CHOOSE YOUR LANGUAGE
互联网新闻信息许可证10120180008
Disinformation report hotline: 010-85061466