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How High Housing Costs Are Crushing Americans
How High Housing Costs Are Crushing Americans
I was interviewed by NTD's Sean Marshall to discuss the issue of being house poor in America. Millions spend over 30% of their income on housing costs, with California, Hawaii, and New York having the highest percentages.
I highlighted the need to increase housing supply to ease this crisis. Despite some improvements, foreclosures rose by 3% in May. As housing costs outpace income gains, many Americans face tough decisions.
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