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Zillow: Affordability squeeze is coming
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Thursday, September 2, 2021
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Housing affordability improvements brought on by historically low mortgage rates and dampened rent growth are quickly evaporating as housing costs rise faster than incomes, according to a new Zillow analysis.
This report finds these affordability issues are expected to worsen by the end of the year and are likely to leave millions with housing cost burdens.
Read on to learn more.
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