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flag U.S. first-time homebuyers are delaying purchase until age 40 due to unaffordable prices and debt.

flag The average age of a first-time U.S. homebuyer has risen to 40, up from 29 in 1981, due to soaring home prices, stagnant wages, and mounting debt. flag Many young adults are delaying major life milestones like marriage, having children, or starting businesses because of housing affordability. flag Despite homeownership remaining a key part of the American Dream for most, experts say waiting until 40 or beyond is increasingly common and financially prudent. flag To cope, a majority of aspiring buyers are making sacrifices such as taking side jobs, moving in with family, or buying smaller homes.

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