Wages have not gone up. Health insurance premiums are going to go up. Car insurance goes up every year. People's homeowners insurance goes up. Rent is going up. People, Young people have no hope of buying a home. And then when they try to buy a home, they end up, like I said, they end up competing with like Blackstone or somebody else. The average homebuyer now is 38 years old. (37:27–37:30)
CLAIM
Asserts that young people are unable to afford homes.
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