It is a story of a generation learning to find a sense of "home" in people and experiences because the land itself has become a luxury they cannot afford.
If you save $10,000 in a year, but the average home price in your area rises by $50,000 in that same timeframe, you are technically further from your goal than when you started. cannot afford to buy a house
For decades, the starter home was a small, imperfect house that allowed a family to build equity before moving up. Today, that rung of the ladder has been sawed off. Investors and institutional buyers often outbid individuals with "all-cash, no-contingency" offers, turning what used to be a point of entry into a luxury asset. For many, the "starter home" is now a lifelong rental. 2. The Psychology of the "Invisible Ceiling" It is a story of a generation learning