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A recent study fromCardRates.comrevealed how much men and women spend on housing expenses.
We contacted experts to find additional insights on possible reasons why women are spending so much on housing.
Abid Salah, the co-founder and CEO ofFinlyWealth, elaborated on this.
Whether renting an apartment or paying a mortgage on a house, they want a better quality of life.
He said one of the leading personal needs for women is safety.
This could lead to them spending more of their income on housing-related expenses.
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