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Part of it is that the Americans are older nowadays, so they have longer to to save up for a home. The median age in 1990 was 33 compared to 39 today.
by Aunche 3y ago
Part of it is that the Americans are older nowadays, so they have longer to to save up for a home. The median age in 1990 was 33 compared to 39 today.
- truculent 3y agoIf median age has increased and home ownership has remained relatively constant, doesn’t that imply that it _has_ become harder to buy (ie lower rate of first time buyers per year)?