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Vol. I · No. 28 Texas Edition
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How long does it take to save up for a starter home? Twice as long as it did in 2019

By Jennifer Ludden 2 views 0 comments
How long does it take to save up for a starter home? Twice as long as it did in 2019
Image: NPR

A new analysis finds that the average renter household now needs 16 years to save for a down payment and closing costs. Rising rents and other costs have consumed a growing share of household budgets.

NPR Original story · www.npr.org
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