2 Reasons Homeownership Is More Expensive Than Ever — and Why You Should Buy Anyway

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A big reason for this is high inflation.

In some cases, such as hazard insurance, rising costs have outpaced inflation, he added.

For instance, for the corresponding week in 2020 (Sept. 3) these were standing at 2.93%.

So the bite of higher rates is also eating into homeowners budgets.

Real estate has historically always been the greatest wealth generator in the U.S. ## What Should Buyers Do To Navigate This Market?

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