The Impact of Rising U.S. Real Estate Prices on Young Americans

Bowei Zhang

doi:10.54254/2754-1169/8/20230275

Research Article

Open access

Published on 13 September 2023

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Zhang,B. (2023). The Impact of Rising U.S. Real Estate Prices on Young Americans. Advances in Economics, Management and Political Sciences,8,43-47.

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The Impact of Rising U.S. Real Estate Prices on Young Americans

Bowei Zhang *^,1,

¹ Basis International School of HangZhou

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2754-1169/8/20230275

Abstract

The main content of the whole article is to express that real estate has caused too much pressure on young people. As we all know, the real estate business has become more and more prosperous in recent years, and many rich people like to buy many houses, because they think the house will preserve its value, they speculate the house price very high. And it is the young people who suffer from this. Compared with ten years ago, they need to spend more time and energy to complete the goal of buying a house. This This is especially true after the outbreak of the epidemic. In the United States, many companies have to lay off employees or reduce wages to maintain the operation of the company in order to solve the losses caused by the epidemic. It is difficult for graduates to find jobs during this period, let alone one Set up your own house.

Keywords

housing prices, real estate, average salary, rents, mortgage rate, supply and demand

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References

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Cite this article

Zhang,B. (2023). The Impact of Rising U.S. Real Estate Prices on Young Americans. Advances in Economics, Management and Political Sciences,8,43-47.

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About volume

Volume title: Proceedings of the 2nd International Conference on Business and Policy Studies

Conference website: https://2023.confbps.org/

ISBN：978-1-915371-43-0(Print) / 978-1-915371-44-7(Online)

Conference date: 26 February 2023

Editor：Javier Cifuentes-Faura, Canh Thien Dang

Series: Advances in Economics, Management and Political Sciences

Volume number: Vol.8

ISSN：2754-1169(Print) / 2754-1177(Online)

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