Housing Shortage Disproportionately Affects Middle-Income Buyers.

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Source: CNN
Housing Shortage Disproportionately Affects Middle-Income Buyers.
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TL;DR Summary

Middle-income home buyers in the US are facing the most severe housing shortage of any other income bracket, with the market short of more than 300,000 affordable homes for these buyers, according to a new analysis from the National Association of Realtors and Realtor.com. Middle-income buyers can afford to buy less than a quarter of listings that are currently on the market, compared to half of all available homes five years ago. The US needs to add at least two affordable homes for middle-income buyers for every home listed for upper-income buyers.

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