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Kristen McDonald Rivet: “The average first-time homeowner is 40 years old or more.”

Featuring: Kristen McDonald Rivet, Democratic | U.S. House of Representatives, Michigan, District 8

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LIVE: Rep. McDonald Rivet, local leaders celebrate new housing law

Published | Video Starts at 05:13

And it was a giant step, frankly, just to being able to build a little bit of extra equity and money. And I also felt like I captured a part of the American dream. But today, The average first-time homeowner is 40 years old or more. It's become really for people to be able to have that dream. But what we know, particularly as you look around and you see all these people that are working … (05:13–05:22)

CLAIM

Asserts that the average age of first-time homeowners has increased to 40 years or older.

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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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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