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Buying a home seems impossible. Here’s what Boomers just don’t understand
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Whenever someone complains about today's mortgage rates, somebody inevitably says:"You think 7.5% is bad? I paid 14% in the 1980s!"They're right about the interest rate. But they're missing the bigger problem.GEN Z IS WORKING HARD, BUT THE ECONOMY IS PUTTING THE AMERICAN DREAM OUT OF REACH FOR MANYToday's homebuyers aren’t just fighting a 7% mortgage. They're fighting high rates on a home price that has grown much faster than the amount sitting in their checking account.Look at the numbers.A PRO
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