Listening

Warm Up

Helpful Words and Phrases

Listen and repeat.

  1. a renter
    • ex. Many renters are looking for cheaper apartments.
  2. housing
    • ex. The government plans to build more affordable housing.
  3. working-age
    • ex. The number of working-age workers is decreasing in some countries.
  4. a utility
    • ex. Water and electricity are basic utilities.
  5. finances
    • ex. They discussed their finances before buying a house.

Article

Read the article below and answer your tutor's questions.

Font size

Many young renters in the United States say buying a home now feels impossible because housing costs are too high. Tyler Jones, a 21-year-old worker from Springfield, Massachusetts, said he works two jobs and has no debt, but still cannot save enough money for a house. Jones said most of his paycheck is already used for rent, bills, and daily expenses, leaving little money for future goals.

Harvard’s Joint Center for Housing Studies reported that 65% of working-age renters cannot cover monthly costs after paying for housing. The report also found that almost half of renters in 2024 spent more than one-third of their income on rent and utilities. Financial expert John Hankins said worries about never owning a home can create stress and make people stop trying to improve their finances or make long-term plans.

Experts say future homebuyers should first understand how much money they earn and spend each month. They also advise people to avoid unnecessary debt while building a good credit history. Experts added that young adults should not compare themselves with others because financial situations and housing markets can be different for every person.

This material was based on an article by The Associated Press.

Discussion

Choose a topic and discuss the questions with your tutor.

Housing Cost and Market

  • Do you think housing costs are fair in your country or city? Why or why not? Discuss.
  • If you had to choose, would you rather rent a home or buy one? Why? Discuss.
  • What advice would you give to someone who wants to save money for a house? Discuss.

Young Adults, Working-Age People, and Finances

  • Do you think young adults today have more financial pressure than older generations? Why or why not? Discuss.
  • Experts say people should not compare their finances with others. Do you agree or disagree? Why? Discuss.
  • The article says some people work two jobs but still struggle financially. Why do you think this happens? Discuss.