Vast majority of aspiring homeowners can't afford the American dream
WIBC 9AM-Noon Podcast
WIBC
4.6 • 1.2K Ratings
🗓️ 1 May 2024
⏱️ 8 minutes
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| 0:00.0 | The primary election is almost here. |
| 0:02.4 | Vote centers will be open May 7th from 6 a.m. to 6 p.m. |
| 0:06.7 | Make your vote count. |
| 0:08.2 | Visit vote.indeed.gov for more information. |
| 0:11.5 | This message was paid for by the Marion County Election Board. |
| 0:14.6 | Housing affordability taking its toll on most would be homebuyers. |
| 0:24.0 | No kidding Casey you don't say. |
| 0:25.6 | I do say it is 12 minutes in front of 10. |
| 0:27.6 | It's Kendall and Casey on 93 W I B C. |
| 0:30.2 | Why is it taking its toll? |
| 0:31.6 | Well, they just say, hey hey we can't afford it and that is a |
| 0:35.4 | new study a survey that was released by bank rate. They said 78% of home |
| 0:40.8 | buyer cited financial factors as what is holding them back from buying a house. |
| 0:47.0 | Well, and this is the most government thing ever because remember what caused the housing collapse of 2008, set in motion long before that, was the |
| 0:58.1 | government tried to put everybody in a home. And the government incentivized and |
| 1:02.4 | created a financial climate that was unsustainable |
| 1:05.4 | because everyone must be in a home and so then they wreck the economy and |
| 1:09.5 | it takes you know all of these years for the thing to reset itself. |
| 1:14.4 | And never in many cases fully ever did reset itself |
| 1:17.8 | in many communities. |
| 1:19.4 | And then you go to 2020, and then they do it again. |
| 1:24.2 | I think this is what pisses me off so much |
... |
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