ALJAZAM Inside Story June 22, 2024
Welcome to inside story. Im Sheila Macvicar, sitting in for ray suarez. Tonight on the programme chasing the dream of Home Ownership. Nearly six years after the great recession, Many American families are still struggling to regain lost ground. One indicators of the slow recovery, the percentage of people that own homes is at a nearly 5 decade low. Stopped in tracks by tough mortgage standard, like banks requiring downpayments, and low wage growth outpaced by surging home payers, would be home buyerers are stuck between the laws of supply and demant. Some are turning to a rental markets that s...