And on the seventh day, there were more flight cancellations
Dec 31, 2021

And on the seventh day, there were more flight cancellations

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Also today: Christopher Low joins up for a recap of the economic year. High home prices are pushing out many first-time homebuyers, which is leading to more high-earning renters.

Segments From this episode

High housing prices leave more would-be buyers renting

Dec 31, 2021
The share of rental applications from young people with above-average incomes spiked 20% in 2021. The shift is rippling through the market.
As younger, higher earners stay in the rental market longer, it can limit their chances to build wealth and price out lower-income people.
Justin Sullivan via Getty Images

The team

Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Jay Siebold Technical Director
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Rose Conlon Producer
Alex Schroeder Producer
Redmond Carolipio Digital Producer
Jesson Duller Media Producer