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The US housing shortage is likely to get worse

Location
Seattle, Portland, San Francisco
Publish Date
2022/08/09

Rate-hikes and economic headwinds are making it harder to fill a severe shortage of affordable housing in America.With rates up, it’s just put a lot of buyers on the fence and into the rental market because they can’t afford mortgage payments.The mortgage payment on a medium-price home ↑ ~50% yearly.

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