Housing Costs Outpacing Income: The Math That Breaks First-Time Buyers
The median American household now spends $2,035 per month on homeownership costs. New buyers face $2,225 monthly mortgage payments, the highest figure in decades. Insurance premiums jumped 5.3% year-over-year. Meanwhile, median household incomes have remained essentially flat since 2019. This isn’t a temporary affordability crunch. This is a structural break in how housing economics work…





