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This must mean that first-time buyers more often than not can not purchase a median-priced house, (ie. the median-priced housing segment is largely unavailable
by lcfg 13y ago
This must mean that first-time buyers more often than not can not purchase a median-priced house, (ie. the median-priced housing segment is largely unavailable to first-time buyers because either the median price is too high or the capital of first-time buyers is too low).
- AlisdairSH 13y agoIf that's what the author is trying to say, my response is still, "So what?" Is that a problem? If not, why bother reporting it? I would expect a first time buyer to be in the market for a "starter" home - old, not-updated, small, slightly less desirable neighborhood, etc. Or, a condo instead of a single-family unit.