242 U.S. cities have $1 million starter homes, Zillow finds

The dream of owning a home is increasingly out of reach for many first-time buyers, as Zillow's data reveals a record 242 U.S. cities where the price of a starter home hits at least $1 million. This trend underscores the growing affordability crisis in the housing market, emphasizing the challenges many face in achieving homeownership. Orphe Divounguy from Zillow highlights the implications of this shift, suggesting that it could reshape the economic landscape and access to housing for future generations.