Owning a Home Elusive as Rise in Cost of Mortgage Payments Far Outpaces Wage Growth

Owning a Home Elusive as Rise in Cost of Mortgage Payments Far Outpaces Wage Growth
A sign is posted in front of a home for sale in San Rafael, Calif., on Sept. 28, 2021. Justin Sullivan/Getty Images
Petr Svab
Updated:
News Analysis

For Americans seeking to buy a home, this year has likely brought much frustration. A nexus of several natural and man-made factors culminated in the tightest residential real estate markets in recent memory.

Petr Svab
Petr Svab
reporter
Petr Svab is a reporter covering New York. Previously, he covered national topics including politics, economy, education, and law enforcement.
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