And so we have to make sure that we've got housing stock that young families can afford those starter homes. We simply don't have that in the state. The average age for a first-time homebuyer is 40 years old. Nationally, that's insane to me. 40 years old. That means we are not, we do not have homes that young families can afford and we need to help them out a little bit in terms of down payment assistance. (09:28–09:32)
CLAIM
Asserts that the average age for a first-time homebuyer in the state is 40.
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