A "starter" home for $1 million?

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A typical starter home in nearly 250 U.S. cities is now worth $1 million or more, according to Zillow. Is that even a starter home anymore? In this episode, how rapid housing inflation has changed the game for first-time homebuyers and why more Americans are opting for a starter home in the suburbs. Plus: Manufacturing data reflects strong sector growth, U.S. trading partners bear the economic brunt of Trump’s war with Iran, and the 1973 oil crisis provides lessons for dealing with chaotic fuel costs today.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.Read the stories from today’s episode:A key index shows the U.S. economy is expanding. Elsewhere, not so muchStrong manufacturing numbers mask a sector hedging against war and tariff uncertaintyFor this London honey seller, Brexit has been "a chaotic 10 years"When the "starter home" price tag hits $1 millionWhat can the oil crisis of 1973 teach us about today?A fixer-upper became a forever home for this Massachusetts couple