America’s housing market is splitting in two, and one group of buyers is getting left behind
America’s housing market is splitting in two, and one group of buyers is getting left behind
Wealthier buyers remain active while affordability pressures increasingly push entry-level shoppers out of the market entirely.
BY Anna-Louise Jackson
Even though debate lingers about whether the K-shaped economy is over, the U.S. housing market is signaling it’s alive and well as activity remains starkly split along financial lines.
The increasing financial inequality between high- and low-income households, characteristic of a K-shaped economy, continues to be a major dynamic that’s shaping the U.S. housing market, according to a report released Wednesday by Realtor.com.........
