[lcfg]

This must mean that first-time buyers more often than not can not purchase a median-priced house, (ie. the median-priced housing segment is largely unavailable to first-time buyers because either the median price is too high or the capital of first-time buyers is too low).

[AlisdairSH]

If that's what the author is trying to say, my response is still, "So what?"

Is that a problem? If not, why bother reporting it?

I would expect a first time buyer to be in the market for a "starter" home - old, not-updated, small, slightly less desirable neighborhood, etc. Or, a condo instead of a single-family unit.