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Starter Homes are a Million Bucks Now | Money Moves with Jill Schlesinger

Starter Homes are a Million Bucks Now | Money Moves with Jill Schlesinger

Summary

The price of starter homes in many parts of the U.S. has risen to around $1 million. This increase is causing younger people to question if buying a home is still a realistic part of their future.

Key Facts

  • Starter homes now cost about $1 million in many areas of the country.
  • Higher home prices make it harder for younger generations to buy houses.
  • The traditional idea of homeownership as part of the American dream is being questioned.
  • The article includes advice on financial topics like wedding costs and buying life insurance.
  • The discussion is part of a CBS News segment on personal money matters.
  • Viewers can send money questions to the email askjill@jillonmoney.com.
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