Mortgage rates are high, and housing supply is low, which means buying a home is particularly unaffordable right now. Annie Lowrey, staff writer at The Atlantic and the author of Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World (Crown, 2018), explains why this is, and why it may not get better any time soon.

→"It Will Never Be a Good Time to Buy a House: Maybe in 2030?" (The Atlantic, Nov. 26, 2023)