Americans are holding on to their homes longer, and it is costing would-be home buyers.
The length of time U.S. homeowners stay put has been rising steadily, a big reason why the inventory of homes for sale is at record lows and prices are near all-time highs.and well ahead of 2010’s reading of 8.7 years, according to a new analysis by real-estate brokerage Redfin Corp. About one in four U.S. homeowners has lived in the same home for more than 20 years, the study showed.
At least American administrations have some grasp of the problem In NZ it has been ignored for 4 decades and now we have a real problem that's next to impossible to solve. You'll be all right. We're screwed tho.
boycotttamazon, I give away a 50eur amazon gift card, as I decided to close my account and not utilize amazon but buying online from smaller companies. in response to their unprecedented attack to free speak and democracy against parler. a total wrongdoing censorship by amazon!
Couldn’t have anything to with low wages and no retirement or pensions keeping people in The workforce not able to move...
econ 2008.02 High prices but little activity in the investor section? Highly suspect
Of course, they live there, in those houses!. If you want nomads go to the desert in Africa .. 🤡🤡🤡🤡🤡🤡
horrible
I he taking big giant be hissed
Hell no I won't
good luck
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Source: WSJ - 🏆 98. / 63 Read more »