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Real Estate

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June 17, 2021

Two reports find housing crisis worsening

AP Business Writer

NEW YORK — Two studies released Wednesday found that the nation's housing availability and affordability crisis is expected to worsen significantly following the pandemic, likely widening the housing gap between Black, Latino and white households, as well as putting homeownership out of the reach of lower class Americans.

Both reports call for government action through traditional measures like down payment assistance and a massive increase in homebuilding to address the issue.

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