The least affordable markets included Anaheim and San Francisco, where homebuyers with the typical local income would’ve needed to spend over 80% of their pay on monthly housing costs.
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CFPB Study Finds Nationwide Financial Health Weakened Post-Pandemic
According to a new CFPB survey, more families are having difficulty paying their bills in 2022 than in 2021, while Black, Hispanic, and low-income households are far more likely to have difficulty paying bills and debts.
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