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Housing Market Woes & The U.K.’s New Prime Minister | 10.27.22
Morning Wire
What's Next for the Housing Market?
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The average price of a new home has plummeted this year, but the price of rent has skyrocketed. Many young Americans are either moving back in with their parents or even moving in with friends because they can't afford anywhere else. The latest figures show that 18% of American adults said that they had lived rent-free with friends or family in the last six months.
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