August 17, 2025 - 07:57
It's 2025, not the Gilded Age—but if you're a first-time buyer, you might feel like the working class is being elbowed out by well-heeled tycoons. That's what 31-year-old Delaware-based real estate agent Zachary Foust argues in a recent social media post. He highlights the growing trend of investors purchasing homes, which he claims is making it increasingly difficult for everyday individuals to enter the housing market.
Foust points out that many properties are being bought up by large investment firms and wealthy individuals, leaving first-time buyers with limited options. This trend not only drives up prices but also creates an environment where working-class families struggle to find affordable housing. He emphasizes that the current market dynamics are pushing homeownership further out of reach for those who need it most.
As the gap between investors and potential homeowners widens, Foust's concerns reflect a broader issue affecting many communities. The real estate landscape is evolving, and without intervention, the dream of homeownership may become an elusive goal for the working class.
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Zohran Mamdani's Housing Policies Prompt Manhattan Exodus to SuburbsZohran Mamdani`s ambitious housing agenda, which includes proposals for rent freezes and increased taxes on affluent residents, has reportedly led some Manhattan residents to consider relocating to...
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Generous Donation to Cancer House of Hope from Local Real Estate FirmCuoco and Company Real Estate has made a significant contribution of over $50,000 to the Cancer House of Hope, a facility dedicated to supporting those affected by cancer. This generous donation is...
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Avison Young Appoints Jay Johnson to Spearhead U.S. Healthcare Real Estate GrowthCHICAGO, IL and ATLANTA, GA— In response to accelerating demand and transformation across the healthcare sector, global real estate advisor Avison Young has appointed Jay Johnson as Principal and...
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