4 Million Americans Priced-Out As Home Rents Rise Significantly, Home Loan Qualifications 'Skyrocket'
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4 Million Americans Priced-Out As Home Rents Rise Significantly, Home Loan Qualifications 'Skyrocket'

Authored by Naveen Anthrapully via The Epoch Times,

As costs of home ownership rise, millions of Americans have been pushed out of the housing market, according to Harvard University’s annual State of the Nation’s Housing Report released Wednesday.

At today’s home prices, a first-time buyer would have had to shell out $27,400 (7 percent of the sales price) as a down-payment in...

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