Millennials Can't Afford Homes: Solutions on Fox and Friends

Struggling millennials and the American Dream of homeownership - is it out of reach? Join Kirsten Jordan on Fox and Friends News to unpack the housing affordability crisis and propose potential solutions. #Millennials #HousingMarket #RealEstate

[@carriew92]

This woman infuriates me. I have been really budgeting to the extreme for years. I have a lot of money saved for a downpayment. And somehow we still can’t get into a home. And we aren’t looking for anything extravagant. We keep being out-bid by people from NYC with cash that is pouring out of their buttholes. It’s heartbreaking. We did everything we were “supposed” to do and in doing so it seems that we’ve missed the boat.

[@dillonakyuz2389]

This lady gives demon sucubbis vibes

[@jennabetters]

See, I could handle a 7% mortgage interest rate IF THE HOMES WERE AFFORDABLE. I literally cannot afford a mortgage on the median home value of HALF A MILLION on my $60k salary. And a $180k mortgage on a starter house (which I could afford on 7%) is literally nowhere to be found. Stop telling me “stop buying stupid crap” when I’m barely making ends meet on friggin rent.

[@carriew92]

I agree with you whole heartedly. This woman is completely out of touch with reality. I’ve budgeted every single dollar that I’ve made for years so that I could afford to buy a modest home….But it’s unattainable where I live. And we are locked into the area that we live in because my husband’s job offers a pension. So we can’t even move out of state. My heart goes out to you. I hope you are able to find a place soon.

[@Johnjackjack]

FHA loan 5% down 25k could be saved in if you and you partner saved 400 a week you would have 20k saved in a year. Difficault YES impossible NO

[@dystopia-usa]

The median priced house in the USA today costs $400K, which is more than double the price of what the median income American worker ($60K/year) can afford to spend on a house monthly mortgage payment (30 year term), even assuming they could save the 20% down payment. 40-50 years of a sell-out, corporatist political duopoly at work. Enjoy the oligarchy.

[@roadtrip2943]

I put my down payment together for a small apartment needing sweat equity repairs while not having a smart phone, 10 year old beater, no kids and tight budget for 2 earners.

[@MaverickMark196]

This is what they voted for so……….suffer

[@user-dg5vr9gq8u]

Is Joe Biden?