America has hit another record, but it’s not a good one.

Last year, the median age of the first-time home buyer in America hit 40 years old. In the 1980s, the average age of the first-time homebuyer in America was just 28.

What happened?

Rep. Pat Harrigan, R-N.C., joins us this week on “The Signal Sitdown” to explain how multi-billion-dollar institutional investors like BlackRock are crowding out younger families from buying homes.

“The longer that you delay somebody from getting into that first house, the longer you delay their wealth-building trajectory toward actually putting themselves in a very solid, fiscally responsible position, which is where you want the middle class.” 

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