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Millennials Face Another Housing Market Challenge, As Supply Of Starter Homes Dries Up

by Tyler Durden Wednesday, Jul 07, 2021 - 09:45 PM Not only have many millennials been priced out of the home market, as we have been documenting over the last few months, but now a supply constraint of starter homes is feeling like yet another roadblock. Starter homes are generally homes with smaller footprints and lower selling prices that allow first time buyers to enter the market. 27 year old Samantha Berrafato told the Wall Street Journal: “It just feels like every little thing keeps getting put on hold. I’ve been putting having kids on hold, and I had put having a wedding on hold because we just couldn’t afford it. Now it’s like [that with] the house buying.”

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