HOW WE GOT HERE, HOW WE ADDRESS IT AND THE DEMOGRAPHIC SHIFTS THAT WILL IMPACT WHAT AND WHERE WE CALL HOME
Easier commuting can give people more flexibility in choosing where to live.
“The next round of federal legislation should have a homebuyer tax credit to address equity issues,” said NAR’s chief economist Lawrence Yun, noting that many people struggle to save for a down payment and that disparity often hurts people of color.
“A program of down-payment assistance could help close the gap.
Naturally it will disproportionally help those who have been left out of wealth building via homeownership and the entire nation benefits from having more accessible, affordable units.”
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