The Great Real Estate Squeeze: First-Time Buyers Left Holding Empty Piggy Banks
Key Points
- In 2024, only 25% of home purchases were made by first-time ...
Apparently, the only folks buying houses these days are those who remember watching the moon landing live on TV. Welcome to 2025's housing market, where your coffee budget isn't the only thing making you cry.
Gray Hair Required for Home Ownership?
Recent data shows fewer than 25% of home purchases in 2024 were by first-time buyers, while the median age of homebuyers hit a record-breaking 56 years. Meanwhile, in India, experts project a shortage of 31.2 million housing units by 2030. Boman Irani, Chairman of Keystone Realtors Ltd., is practically begging governments to step in before everyo...
While we have taken every measure to build an AI pipeline that generates credible and accuracte news, we still encourage you to conduct your own research before making investment decisions. InsAIght's content should not be considered professional financial or trading advice.