Home Commentary The ethics of homeownership in an age of inequality

The ethics of homeownership in an age of inequality

Désirée Lim
Désirée Lim

For many Americans today, homeownership is an unattainable dream. In 2022, the average long-term U.S. mortgage rate rose to 7% for the first time in more than two decades. The median sales price of existing homes climbed to a record $416,000 while demand for mortgages dropped to a 25-year low. Experts forecast a turnaround in

Already a Subscriber? Log in

To Continue Reading This Article

Become a Providence Business News subscriber and get immediate access to all of our premier content and much more.

Learn More and Become a Subscriber

NO COMMENTS

Exit mobile version