Some of All This Will Be Yours - WhoWhatWhy Some of All This Will Be Yours - WhoWhatWhy

Unaffordable housing, Soaring house prices, Stagnant wages, Rising interest rates
Photo credit: Ted Rall / WhoWhatWhy

Curbing American prosperity.

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Buying a house has become unaffordable for many due to soaring prices, stagnant wages, and rising interest rates. Corporate investors snapping up properties shrink the supply, driving costs higher. Inflation erodes purchasing power, while student debt and living expenses strain savings. In hot markets, bidding wars push prices beyond reach. Government policies favoring landlords over first-time buyers add to the squeeze. For millennials and Gen Z, homeownership feels like a fading dream.

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  • Ted Rall is an American columnist, syndicated editorial cartoonist, and author. His most recent book is "The Stringer," a graphic novel in which journalism meets "Breaking Bad."

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