Quartz·1 min read·easy
Saving for a down payment now takes more than a decade in these 6 U.S. states
✦AI Summary
A new report from SmartAsset highlights that saving for a home down payment now requires over a decade of savings in six U.S. states. The data underscores the growing gap between stagnant wage growth and rising home prices across the country.
Home prices have pulled away from paychecks in every part of the country. SmartAsset found places where the wait to buy now stretches past a decade
economybusiness
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