Rising Prices, Rates Hurt Middle-Class Buyers
Even as the housing-price runup slows, middle-class buyers - in the West and elsewhere – are still struggling to find a home they can afford where they want to live.
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Even as the housing-price runup slows, middle-class buyers - in the West and elsewhere – are still struggling to find a home they can afford where they want to live.
In cities across the West, the average price of buying has spiked 25 percent in the past year, pushing the American dream of home ownership further out of reach.
This Lee Enterprises series observes the troubling housing market in the West. Explore the issues that are fueling the housing crisis and how towns and cities can remedy the situation.
All over the west, renters are being displaced when their apartments are converted to condos or their mobile home parks are sold to developers looking for land to build on.
Communities seem have three choices: grow wider, grow taller or stop growing.