The Cost of Dreams: Why Owning a Home in 2024 Costs More Than Ever Before

The average monthly cost to own a home in the U.S. has surged to $2,750 in 2024, consuming 44% of the median household's pre-tax income and pushing the dream of homeownership out of reach for many. With median home prices now 4.6 times the median income and exacerbated by limited supply, high mortgage rates, and strong demand, the housing crisis continues to escalate, prompting calls for innovative solutions and policy reforms.

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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment only. Some links included in description are affiliate links and cost you no additional money if used.