Evening Edition: When Will Housing Affordability Return?

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.4 • 1.7K Ratings

🗓️ 10 May 2024

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Millions of Americans trying to buy a first home have been grappling with unaffordable home prices and high mortgage rates. And it is not just those looking to buy a home, those renting a place to live are also facing increases in rent with a significant decline in affordable units. Has the American dream of home ownership disappeared and when or how can this change? FOX’s Eben Brown speaks with Emily Dowdall, President of Policy Solutions at Reinvestment Fund, who explains how home prices became so unaffordable and how they can be lowered. Click Here To Follow 'The FOX News Rundown: Evening Edition' Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Revolute. Revolute is your perfect travel
0:04.7	companion for all things money. You can spend in over 150 currencies with great
0:09.6	exchange rates and withdraw from ATMs all over the world with no charges from
0:14.3	Revolute within your plan allowance. Sign up to Revolute at Revolute.com
0:18.3	slash podcast reward and receive 20 pounds when you make your first purchase with Revolute.
0:23.7	Until 18-plus, T's and C's apply, exchange fees and fair usage limits supply.
0:30.1	I'm Kat Tymph.
0:31.0	I'm Bill Hemmer.
0:31.8	I'm Harris Faulkner, this is the Fox News rundown.
0:39.2	Friday, May 10th, 2024 I I'm Ebbin Brown.
0:43.0	Is home ownership still an achievable American dream?
0:46.5	Right now it's cheaper to rent than buy,
0:49.7	but renting itself sure ain't cheap.
0:51.9	There just hasn't been enough increase in the supply of housing
0:55.3	to meet the growing demand from an increase in the number of households.
0:59.5	This is the Fox travel companion for all things money.
1:04.0	This episode is brought to you by Revolute.
1:10.0	Revolute is your perfect travel companion for all things money. You can spend in over 150
1:16.2	currencies with great exchange rates and withdraw from ATMs all over the world with no charges
1:21.8	from Revolute within your plan allowance.
1:23.9	Sign up to Revolute at Revolute.com slash Podcast reward and receive 20 pounds when you make
1:29.2	your first purchase with Revolute.
	...

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