Investors have purchased and renovated homes to lease, making homebuying difficult for younger generations. (Source: Shutterstock)
Low mortgage rates and thriving employment should be the recipe for a strong housing market. Instead, they're deepening America's affordability crisis.
What began on the coasts, in areas like New York and San Francisco, is now radiating into the nation's heartland, as well as to cities from Las Vegas to Charleston, South Carolina. Entry-level buyers are scrambling to purchase homes that are in short supply, sending values soaring.
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