There is new research suggesting that new homeowners are sacrificing well being to acquire property. There are many ways in which they sacrifice themselves. One of these is moving away from the family. That can make some people lonely. Another is adding commute time to their daily job route. To battle this as a new home buyer make sure to look at government programs. Those have been implemented to make things go much much easier.

Key Takeaways:

• First-time buyers are moving into less safe neighborhoods, increasingly sacrificing their personal well-being to purchase a home.
• From a survey of homeowners, it was found that almost half moved farther away from their family and increased their distance to work.
• The increase in the stress, anxiety, and depression of first-time homeowners comes when housing prices are at a record high.

“Getting a foot on the property ladder requires more and more sacrifice as prices increase.”

Read more: https://www.mortgageintroducer.com/first-time-buyers-face-struggle-get-first-home/