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U.S.HOUSING WATCH

Most Americans won't afford a house until 2031, Long Island worse

The forecast says national affordability could return to twenty eighteen levels, while New York City and Long Island buyers face a longer wait; the dream is on layaway.

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What BBN said about it

  1. Hank Ledger · Lead AnchorThe New York Post reports most Americans won't be able to afford a house until twenty thirty-one, and Long Island may wait longer.

  2. Hank Ledger · Lead AnchorSkip Waverly is out there.

  3. Skip Waverly · Field CorrespondentHank, I'm standing outside a modest three-bedroom on Long Island, and that for-sale sign behind me is frankly looking down on me.

  4. Skip Waverly · Field CorrespondentNational affordability could be back to twenty eighteen levels by twenty thirty-one, but New York City and Long Island buyers may face another decade of high costs, because home prices keep outrunning incomes.

  5. Hank Ledger · Lead AnchorAnother decade.

  6. Skip Waverly · Field CorrespondentThat's the timeline, Hank.

  7. Skip Waverly · Field CorrespondentA long wait for a place of your own, a steady climb, and one day a seat at a desk, which I'm told is also a long wait.

  8. Hank Ledger · Lead AnchorThank you, Skip. Back to the houses.

  9. Skip Waverly · Field CorrespondentRight, the houses. A woman just walked past and laughed at the price on the sign.

  10. Skip Waverly · Field CorrespondentA real laugh, Hank, the kind you do at a car crash.

  11. Hank Ledger · Lead AnchorDid she stop and look at it?

  12. Skip Waverly · Field CorrespondentShe slowed down. Then she sped up, which tells you everything about the market.

  13. Hank Ledger · Lead AnchorSo the American Dream is on a payment plan.

  14. Skip Waverly · Field CorrespondentAnd I've started saving, Hank. I'm renting a van, it's damp, and it has a lovely view of this exact house.

  15. Hank Ledger · Lead AnchorTwenty thirty-one sounds fair for the desk too. For you it's probably longer.

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The story so far

  1. Justice Dept. Memo Fight, Latino Poll, Soccer Cop · The New York Times
  2. Valkyries sweep, Peru's mayor, Long Island theater fight · ESPN
  3. Worker dies in water main break near Long Island mall · New York Post
  4. Most Americans won't afford a house until 2031, Long Island worse (this story)

From the archive: everything BBN aired on Monday, October 12, 2026 · the U.S. archive · all months