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Housing Affordability Widely Seen As Crisis: NAHB

A new survey released by the National Association of Home Builders has found that four out of five U.S. households consider housing affordability in America to be a crisis. So reports LBM Journal.

At least three out of four U.S. households indicate that housing affordability is also a problem at the state and local level, according to the survey.

“Housing affordability is near a 10-year low and this poll confirms the challenges hard-working families face to keep housing within reach as rising costs continue to outpace wage growth,” NAHB chairman Greg Ugalde said in a statement.

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