To buy a first home

From today’s Wall Street Journal:

Across the U.S., new-home construction has remained at historical lows throughout the housing recovery of the last five years, but the share of starter homes priced below $200,000 has dwindled more than any other segment, according to U.S. Census data.

To buy a first home at such rates

requires the wealth of Bill Gates.

No wonder the spawn

camp out on the lawn

of parents in tents or in crates.


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