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The entry-level tier of the American housing market has crossed a threshold that reframes the standard calculus of household formation.
Starter homes now carry $1 million price tags in many parts of the United States, financial commentator Jill Schlesinger said on her "Money Moves" podcast, raising a live question about whether homeownership still belongs at the center of personal financial planning for younger Americans.
The million-dollar starter and what it changes The price point matters because the starter segment is where first-time buyers concentrate, and where savings and asking prices have pulled furthest apart.
Schlesinger asks whether buying a house should still anchor the American dream, or whether the idea itself has become outdated.
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