{"id":1982,"date":"2026-03-21T13:08:28","date_gmt":"2026-03-21T13:08:28","guid":{"rendered":"https:\/\/stock999.top\/?p=1982"},"modified":"2026-03-21T13:08:28","modified_gmt":"2026-03-21T13:08:28","slug":"finance-expert-says-record-debt-is-locking-young-americans-out-of-housing","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=1982","title":{"rendered":"Finance expert says record debt is locking young Americans out of housing"},"content":{"rendered":"

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\u2018The Ramsey Show\u2019 host Dave Ramsey discusses how young adults feel isolated from buying homes and entering the real estate market on \u2018FOX Business In Depth: Hitting Home: Rebuilding the Dream’<\/p>\n

Young Americans are increasingly finding themselves shut out of the housing market as rising debt levels and lingering affordability pressures reshape the path to homeownership.<\/p>\n

“The Ramsey Show” host Dave Ramsey joined FOX Business’ Cheryl Casone on the FOX Business In Depth Special, “Hitting Home: Rebuilding the Dream,” to break down the financial realities facing first-time buyers and why many are falling behind.<\/p>\n

A panel breaks down rising inflation and housing market pressures as the Iran conflict drives up oil prices and economic uncertainty on \u2018FOX Business In Depth: Hitting Home: Rebuilding the Dream.’<\/p>\n

Ramsey pointed to a combination of record-high consumer debt and shifting economic conditions that have eroded buying power across younger generations.<\/p>\n

“I’m afraid I have to tell you the truth… Corporate America has screwed you,” Ramsey said.\u00a0<\/p>\n

“Car debt is at an all-time high… Student loan debt is at an all-time high… And, of course, credit card debt… is at a all-time high.”<\/p>\n

For sale sign in front of a house in Houston, Texas. (Kirk Sides\/Houston Chronicle \/ Getty Images)<\/p>\n

MIAMI OVERTAKES LOS ANGELES AND NEW YORK AS WORLD’S RISKIEST HOUSING MARKET FOR BUBBLE RISK<\/p>\n

Those pressures, he explained, are leaving many without the financial flexibility to enter the housing market, as disposable income is increasingly consumed by monthly obligations.<\/p>\n

“When you’re drowning in personal debt, you can’t afford to buy a freaking house,” Ramsey said.<\/p>\n

U.S. Federal Housing Director Bill Pulte discusses Federal Reserve interest rates and home-buying on ‘The Claman Countdown.’<\/p>\n

Beyond debt, Ramsey also highlighted the post-pandemic housing surge as a key factor pushing first-time-buyer ages higher, noting that supply shortages and elevated prices continue to weigh on affordability.<\/p>\n

MORTGAGE RATES JUMP TO HIGHEST LEVEL IN OVER 3 MONTHS<\/p>\n

Despite the challenges, Ramsey pushed back on the idea that homeownership is out of reach, arguing that progress is still possible for those willing to aggressively tackle debt.<\/p>\n

“Our message to Gen Z and to millennials… is: clear this debt, get rid of the stupidity, and chop up the cards and work your way through it… Once you do that, you can get there,” Ramsey said.<\/p>\n

CLICK HERE TO GET FOX BUSINESS ON THE GO<\/p>\n

#Finance #expert #record #debt #locking #young #Americans #housing<\/p>\n","protected":false},"excerpt":{"rendered":"

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