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Real estate knowledge that moves you.

A family at a kitchen table reviewing bills and home-buying paperwork, with rising housing costs suggested in the background.

The Affordability Problem

Homeownership is becoming harder to reach as home prices rise faster than wages and everyday expenses make saving for a down payment more difficult. Here’s how the affordability gap has widened over the last 50 years—and what, if anything, is starting to reverse it.

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Split illustration: homeowner doing house maintenance on one side and rising assessed home value with a tax notice and municipal silhouette on the other, illustrating the mismatch between upkeep costs and property-tax increases.

Property Tax Increases

A short social-media exchange—’my property tax rose 1% so I paid $500 more’—masks a bigger mismatch: homeowners pay about 2% annually to maintain a property while governments collect recurring tax increases on unrealized, paper appreciation. Is that fair?

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