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The Myth of the 'Forever Home' in the US Housing Market: Factors Influencing Renters' Decision to Continue Renting Instead of Buying Homes /
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2024-05-06 17:09:34

The Myth of the 'Forever Home' in the US Housing Market: Factors Influencing Renters' Decision to Continue Renting Instead of Buying Homes on Nostr: Americans Expect Higher Housing Costs as Renters Lose Hope of Owning a Home ...

Americans Expect Higher Housing Costs as Renters Lose Hope of Owning a Home
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#b15ff15f ver:0.13

Americans expect higher housing costs as renters lose hope of owning a home, according to the Federal Reserve Bank of New York. Home prices predicted to rise 5.1% in a year, rent costs to increase by 9.7%, and mortgage rates to reach 8.7%. Challenges in the housing market include high prices, limited inventory, and increasing rates, making it difficult for first-time buyers. #HousingMarket #Renters #Homeownership...

#newstr #HousingCosts #Renters #HomePrices #MortgageRates #Inflation

https://here.news/story/b15ff15f?ver=0.13
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