Housing Affordability Reaches Decade Low. Who’s Priced Out?

Reuters/Christian Science Monitor, March 15, 2022–Jonelle Marte
In the U.S., housing affordability has hit its lowest levels since 2008. First-time home buyers are caught between rising rents and higher mortgage payments. Those shopping for homes are often faced with either increasing their budgets or lowering their standards. (MBA mention)
https://www.csmonitor.com/Business/2022/0315/Housing-affordability-reaches-decade-low.-Who-s-priced-out