The End of the American Dream: Why 1,400 Sq Ft Homes Are Disappearing
November 19, 2024
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0:46Now PlayingThe End of the American Dream: Why 1,400 Sq Ft Homes Are Disappearing
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as posted by the channelThe American dream of buying a modest, affordable home is becoming increasingly difficult to attain. In 1976, nearly 40% of newly built homes were under 1,400 sq. ft., providing a starting point for many first-time buyers. Fast-forward to today, and only 10% of new homes are that size. This shift reflects a growing gap in the housing market, where affordability is being sacrificed for larger homes that are out of reach for many buyers, particularly those just starting their careers.
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