Who’s able to purchase a home in this economy?

This is just one of the stories from our “I’ve Always Wondered” series, where we tackle all of your questions about the world of business, no matter how big or small. Ever wondered if recycling is worth it? Or how store brands stack up against name brands? Check out more from the series here.

Marketplace reader and listener Chantel Jimenez from San Diego asked: 

Who is buying houses right now when the prices are so high and the number of people unemployed is high? With trillions of dollars going into the economy to stabilize and make sure we recover — how is it that the housing market is booming?

Jack Kavanaugh, a 31-year-old resident of New York state, and his wife had been house hunting for more than four months, getting text after text from their agent telling them their bids were unsuccessful. 

But when the agent called? He had the feeling that ring would be a harbinger of good news. When he picked…

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