
Neither borrower nor renter be: America’s coming foreclosures
The Intelligence from The Economist
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Navigating Housing Turmoil Amid Economic Growth
This chapter examines the recent surge in the U.S. economy, juxtaposing it with the troubling rise in mortgage delinquency and the imminent expiration of federal protections for homeowners and renters. It highlights the disproportionate impact on vulnerable demographics, particularly Black and Hispanic families, while discussing the complicated future of the housing market post-moratorium. Personal testimonials illustrate the emotional struggles faced by those grappling with potential foreclosure amid a burgeoning housing market.
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