The Problems Of Housing In The United States

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Housing in the United States has its fair share of problems. Some of which are the effect of the recession that struck a few years back. It drove the cost for housing up and with that made many people lose their homes and lose some of their financial credibility. The recession caused many house prices to be jacked up. Due to the raising of prices less people could afford homes, many people have faced problems of have at least been affected by this problem of raising house cost.
When last checked in 2012, the count of households that were affected was at 40.9 million people which was about a third of the nations households. 19.8 of that 40.9 million of those burdened were paying more than half their household incomes just for their housing.

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