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Life Kit

Can I afford to buy a house?

Life Kit

NPR

Health & Fitness, Self-improvement, Kids & Family, Education, Business

4.33.9K Ratings

🗓️ 17 April 2025

⏱️ 23 minutes

🧾️ Download transcript

Summary

Buying a home can feel out of reach for many. But if you're an aspiring homeowner, there are ways to make it a reality. In this episode, mortgage reporter Molly Grace explains how to know if you're financially ready, what costs to budget for and how to find a home that works for you.

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Transcript

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0:00.0

Wait, wait, don't tell me.

0:01.2

Fresh air.

0:01.9

Up first.

0:02.7

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0:24.2

Cell phones, cars, coffee.

0:26.1

How do these goods make their way to us from overseas

0:28.2

and what will President Trump's tariffs mean for their price tags?

0:31.6

Join the 1A podcast as we explore supply chains and costs associated with some of your favorite products.

0:37.3

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0:40.3

Listen to the 1A podcast from NPR and WAMU.

0:45.6

When Malcolm Gladwell presented NPR's ThruLine podcast with a Peabody Award,

0:51.2

he praised it for its historical and moral clarity. On ThruLine, we take you back in time to the origins of what's in the news, like presidential power, aging, and evangelicalism. Time travel with us every week on the ThruLine podcast from NPR. You're listening to Life Kit from NPR.

1:16.5

Hey everybody, it's Mariel.

1:18.9

When I was a kid, I used to play the board game life a lot.

1:22.3

And one of my favorite parts was seeing what house I was going to get.

1:26.0

Would it be a cute country cottage with a large yard

1:28.8

in a garden? Or a Grand Victorian with a library and a marble fireplace and a wrap-around porch.

1:36.7

Of course, sometimes life didn't work out that way, and I couldn't afford a house at all. Sound familiar?

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