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Kathy Hochul: “The age [of first-time home buyers] is now 40.”

Featuring: Kathy Hochul, Democratic | Governor of New York

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Governor Hochul Delivers Remarks at the NYSBA Awards

Published | Video Starts at 04:07

And yet this generation, when you learn that 30 year olds used to be the average age of getting that home, I think I was probably 30 when I got my first home, purchased it, The age [of first-time home buyers] is now 40. In a short time, look how long those dreams are deferred for young people and our recent college graduates who are coming out with perhaps degrees that are being replaced by AI, the careers that they thought they had. (04:07–04:09)

CLAIM

Asserts that the average age of first-time home buyers has increased to 40.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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