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Pete Buttigieg: “The average age to buy your first house was in your 20s. Now…”

Featuring: Pete Buttigieg, Democratic | Former Secretary of Transportation, Former Mayor of South Bend | National

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Published | Video Starts at 50:42

And I think that in many ways that does set up a younger generation for more pain. I mean, not that long ago The average age to buy your first house was in your 20s. Now by some measures it's 40. And I think even that's slipping away. Right? And that's related actually to our indebtedness because that affects interest rates, which affects what's possible in terms of getting a mortgage. (50:42–50:48)

CLAIM

Asserts that the average age for first-time homebuyers has increased significantly.

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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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