The American housing market is facing its most intense affordability crisis in decades — even as President Trump points to a strong, resilient economy.
Today’s numbers paint a hard reality:
• The average first-time homebuyer is now 40 years old, the oldest on record.
• Median home prices are $630,000 in the West and over $500,000 in the Northeast.
• Mortgage rates sit around 6.2%, keeping monthly payments out of reach for millions.
HUD Secretary Scott Turner argues that housing shortages and soaring prices are fueled by unchecked immigration, which he says has strained supply, services, and affordability.
With inflation still high, wages lagging behind home prices, and demand far outweighing supply, younger Americans are being priced out of the American Dream entirely.
This video breaks down:
✔ Why homeownership has become nearly impossible
✔ How immigration and policy choices have shaped the crisis
✔ Why mortgage rates remain painful
✔ What policy changes Turner says are needed
✔ Whether Trump’s optimism matches the real economic picture
Stay tuned — this one hits every American household.
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