Why Housing Affordability is a Bigger Issue Than You Think
Housing affordability is a growing concern, with rising interest rates, insurance costs, and limited inventory. As income struggles to keep up, investors are hesitant, especially in areas like California and Florida, where natural disasters and high insurance costs add further challenges. Here’s why affordability is the real issue.
#housingmarket #affordability #crisis
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The current housing crisis is fundamentally tied to affordability challenges, with insurance premiums and mortgage rates creating barriers for many buyers. Limited housing supply continues to drive property values higher, making it increasingly difficult for families to enter the real estate market. The combination of these factors has created a complex situation in the affordable housing sector that requires careful analysis. 🏠📈