Money Happens: What to do when becoming a homeowner feels out of reach

(AP Illustration / Eva Malek)

NEW YORK (AP) — Ever since graduating from high school, Tyler Jones hasn’t stopped working and doesn’t have any debt. Still, homeownership feels like an unattainable goal, only possible for past generations.

“Every time I get a paycheck, it’s all already spoken for,” said Jones, a 21-year-old who works at a deli and a nonprofit in Springfield, Massachusetts. Being a homeowner is one of Jones’ dreams, and his inability to save for it frustrates him.

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