268 U.S. Cities Now Have $1 Million Starter Homes as Housing Affordability Worsens. Here’s Why
This story raises questions about governance, accountability, and American values.
Source: 24/7 Wall St
1 min read
The American starter home, once a symbol of accessible homeownership, has crossed into seven-figure territory in a growing number of metros. According to Katie Hubbard, president of U.S. Capital Markets at Walton Global, 268 U.S. cities now have entry-level homes priced at $1 million, concentrated mostly in California and New York.
According to Zillow, the ... 268 U.S. Cities Now Have $1 Million Starter Homes as Housing Affordability Worsens. Here’s Why
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