The Great American Housing Squeeze: Construction Costs Out of Reach for Most The housing affordability crisis in America has reached a dire point where nearly two-thirds of American families are unable to afford the construction costs of an average home. To determine what Americans can actually afford, Creditnews Research delved into the costs in the various stages of residential property construction and how they compare to Americans’ purchasing power. The research highlights that less than half of American households can bear the expenses of constructing a standard single-family house. Furthermore, a staggering one in four households is financially incapable of securing a mortgage that extends beyond covering the basic structure of a home. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Yuan Hits Weakest Level Since November as China Loosens Currency Control READ MORE Biden Administration Blames GOP for Blocking Inflation-Fighting Measures READ MORE India's Gold Market: ETFs and Central Bank Buying Shine Amid Jewelry Slump READ MORE The Deadline To Turn in Your Gold – May 1st, 1933 READ MORE The Truth About Central Bank Immorality & the Theft of YOUR PROSPERITY READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment