Homeownership remains out of reach for most Americans, with projections showing affordability won’t return until over a decade from now. The situation is particularly dire on Long Island, where housing costs and financial constraints further delay the possibility of buying a home. Rising prices and stagnant wages are widening the gap between potential buyers and the market. Experts warn the trend could reshape housing policies and economic expectations for generations.
Most Americans won’t be able to afford a house until 2031 — and it’s even worse if you’re on Long Island New York Post
