Episode

$1 Million Starter Homes? Why Buying a House Is Becoming Impossible in America

Podcast: Everyday Economics
Published: Jun 27, 2026
Duration seconds: 606
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Canonical source: https://www.americastalking.com/
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Summary

Starter homes now cost $1 million or more in 242 U.S. cities. In this episode of Everyday Economics, Chris Krug and economist Orphe Divounguy explain why home prices have skyrocketed, why the trend is spreading beyond the coasts, and how housing shortages, zoning restrictions, and mortgage rates are reshaping the market. Plus, why rent growth is finally slowing in some cities and what it means for affordability. #HousingMarket #RealEstate #StarterHome #HousingCrisis #MortgageRates #HomePrices #Rent #Economy #EverydayEconomics #TheStates