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Homebuyers chase the American Dream

A growing number of young people see themselves as "forever renters" because they can't afford to buy a home, due to short supply, higher mortgage rates, and incomes that haven't kept up with rising home prices. Correspondent Jo Ling Kent examines the difficulties of today's housing market, and checks out one Midwestern city's program aimed at attracting homebuyers from out-of-state. (Originally broadcast April 12, 2026.)

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CBS NewsLean L·2h ago
Homebuyers chase the American Dream
A growing number of young people see themselves as "forever renters" because they can't afford to buy a home, due to short supply, higher mortgage rates, and incomes that haven't kept up with rising home prices. Correspondent Jo Ling Kent examines the difficulties of today's housing market, and checks out one Midwestern city's program aimed at attracting homebuyers from out-of-state. (Originally broadcast April 12, 2026.)
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Homebuyers chase the American Dream

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