“If people are stepping back from buying because they’re discouraged or can’t afford what’s available, we’re not truly solving anything,” said Andrew Warren, head of community development lending at TD Bank. “It could even be a sign of deeper trouble.”
…With borrowing costs elevated, the high prices are keeping middle- & low-income buyers on the sidelines while wealthier households & investors are playing a larger role in the market.
#WealthDivide #inequity #economy #CostOfLiving #housing #Trump
“Investors” accounted for 30.2% of home purchases in 2025, nearly double their share at the start of the #pandemic, according to data from Cotality. A report from Realtor.com found the change wasn’t because of a surge of investor activity, but rather a pullback from traditional buyers who could no longer afford today’s prices.
#WealthDivide #inequity #economy #affordability #CostOfLiving #housing #Trump #trumpcession #recession
