Saving up for a starter home takes more and more time

What happened

A new report from the Julian Bond Institute indicates that it now takes an average of 16 years for a renter to save for a starter home, with home prices and down payment requirements contributing to the extended timeline.

Timeline

1. Oct 23, 12:59 PM KSL News (YouTube) Saving up for a starter home takes more and more time
2. Oct 23, 1:54 PM KSL's Inside Sources Saving up for a starter home takes more and more time

Written by Utah Relay from the reports below. The reporting belongs to the outlets named; follow the links for their full stories.