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Housing market: Are young homeowners house poor?

The high cost of housing is why young adults fear they will never become homeowners. Credit Karma says a third of Gen Z pays more than half of their income on rent or mortgage. Some are moving to cheaper communities to find houses they can afford.

Gen Z paying more than 30% of income on housing

The high cost of housing is why young adults fear they will never become homeowners. Credit Karma says a third of Gen Z pays more than half of their income on rent or mortgage. Some are moving to cheaper communities to find houses they can afford.

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