House Rich & Cash Poor In Kansas City?!?!

One of the very BEST & BRIGHTEST KICK-ASS TKC READERS sent this note our way because it offers a universal glimpse at home buyer's remorse taking hold across the nation. 

OR . . .

Here's a reason to feel good about renting . . .

The survey, conducted by the third-party survey platform Pollfish, asked 2,000 new homeowners in the U.S., who purchased their first home between 2021 and 2022, how they currently feel about their financial situation.

More than half of them — 59% — answered that "house rich and cash poor describes my situation." It's a sentiment that "reflects both the rising sales prices of homes across the country as well as some of the unexpected costs of homeownership that first-time homebuyers encounter," according to the U.S. News and World report.

Read more via www.TonysKansasCity.com link . . .

They bought at the height of the housing frenzy. Now they're 'house rich, cash poor'

Estimated read time: 4-5 minutes SALT LAKE CITY - A majority of new American homeowners say they're " house rich and cash poor," according to a new U.S. News & World Report survey. The survey, conducted by the third-party survey platform Pollfish, asked 2,000 new homeowners in the U.S., who purchased their first home between 2021 and 2022, how they currently feel about their financial situation.