3 of the Most Affordable Places to Buy a House New Data

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Episode #262 • Join the Future of Real Estate Investing with Fundrise: • https://www.fundrise.com/bpmarket • Episode Show Notes: https://link.chtbl.com/OTM • Join BiggerPockets for FREE 👇 • https://www.biggerpockets.com/signup?... • Grab Dave’s Book, “Real Estate by the Numbers”: • https://store.biggerpockets.com/produ... • Find an Investor-Friendly Agent in Your Area: • http://biggerpockets.com/agentmatch • These Are the 10 Most Affordable Markets To Invest in During 2024: • https://www.biggerpockets.com/blog/mo... • Connect with Austin: • https://www.biggerpockets.com/users/a... • Connect with Dave and Our Panel of Expert Guests: • Dave Meyer: https://www.biggerpockets.com/users/d... • Henry Washington: https://www.biggerpockets.com/users/h... • James Dainard: https://www.biggerpockets.com/users/j... • Kathy Fettke: https://www.biggerpockets.com/users/k... • Housing affordability in America is the lowest it’s been in forty years. Every year, there are fewer and fewer affordable places to buy a house, and many of the cities that used to be affordable have become so popular that they’re now the pricey ones. Are there any affordable housing markets left, and if so, which ones should investors pay the most attention to? We did a new data analysis on American housing markets to bring the exact list to you today. • Austin Wolff, our own BiggerPockets market intelligence analyst, spent some time analyzing housing markets that not only have job, population, and wage growth but also have affordable home prices perfect for investors. Today, he’s sharing this new list, along with some of the least affordable housing markets that are nearly impossible to break into without millions of dollars. • But is America the only country suffering from a stubborn unaffordability crisis? Many of the top economies are also feeling the sting of high inflation, limited real wage growth, and strong home price appreciation. But are we doing better or worse than many of the top developed countries? We’re sharing those stats, too! • • 00:00 Intro • 02:36 Why Affordability Matters • 04:59 Most Unaffordable Period Ever? • 08:00 How Does America Compare? • 12:23 Least Affordable Markets • 15:09 Most Affordable (Growing!) Markets • 24:35 Will Affordability Improve?

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