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Dec 21, 2023

Wanna be a homeowner? It’ll cost ya.

Homeownership costs now take up more of the average wage than many lenders advise, according to a report out today.

Wanna be a homeowner? It’ll cost ya. — Andri Tambunan/AFP via Getty Images

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Segments From This Episode

Owning a home now takes a bigger chunk of Americans’ incomes
by Stephanie Hughes
Spencer Platt/Getty Image
A report out Thursday from the real estate data firm ATTOM finds that a home, and all its related costs, now eat up about 34% of the average wage nationwide.

The Team

David Brancaccio Host
Leanna Byrne Host, BBC
Kelly Silvera Executive Producer
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Ariana Rosas Producer
Nic Perez Director/Producer
Dylan Miettinen Digital Producer
Jesson Duller Media Producer
Brian Allison Technical Director
Nick Esposito Media Producer
James Graham Producer, BBC
Jo Critcher Producer, BBC
Naomi Rainey Producer, BBC
Lis Mahy Producer, BBC

Wanna be a homeowner? It’ll cost ya.