Here's just an overview of it. Buying a home has never been harder. The average first time buyer is now 40 years old and it's more expensive to own. Nationally, the median price of a home is $415,000, up more than 50% since 2019. If you buy that average price home now, the payment is roughly $2,000 a month. When you pay it off in 30 years, it would have cost you about $657,000. (32:50–32:58)
CLAIM
Asserts that the median home price in the U.S. has increased by over 50% since 2019.
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