The Financial News

The Financial News

Why more Americans will never buy a home


For generations, Cleveland offered working families a chance to build a stable future. Now, soaring rents and home prices are putting that promise out of reach and pushing many residents from the communities they helped create.

0:00 Cleveland’s home prices have surged almost 60% in 6 years
1:33 Renter describes the crumbling dream of home ownership
3:57 How redlining, predatory loans, and the housing crash created a renting landscape
6:06 Cleveland’s affordability is forcing its citizens to sacrifice

To learn more about the affordability crisis in the US, stream the Priced Out in America series on the CNN app: https://cnn.it/4ywW9iw

#Economics #HousingMarket #News


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