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Thursday, October 22, 2026Updated 11:44 UTC

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How long does it take to save up for a starter home? Twice as long as it did in 2019

Source: NPR Business · Oct 22, 2026 09:00 UTC

Aerial view of suburban homes and tree-lined streets near Pittsburgh — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

A new analysis finds that the average renter household now needs 16 years to save for a down payment and closing costs. Rising rents and other costs have consumed a growing share of household budgets.

Read the full story at NPR Business

Ground Level News gathers headlines from public news feeds. This page shows a short summary only; the full article and all rights belong to NPR Business.