That's because so many borrowers there,
facing high housing costs, turned to risky subprime loans during the boom and now are in trouble as rates reset to levels they can't afford.
Not exact matches
As a whole, young adults in America are
faced with two major financial hurdles that prevent them from having a lot of extra wealth to invest for retirement:
high housing costs and student - loan debt.
Available
housing inventory in the U.S. is at historical lows and homebuilders are
faced with
high costs and labor shortages.
«After
housing, child care is the second
highest cost faced by B.C. families with young children.
Carmel Sullivan is a single mother who founded CoAdobe because she recognized the
high cost of
housing as one of the top barriers single mothers
face in raising their children.
But Zemsky said he recognizes the challenges
facing Long Island, including an exodus of young people,
high costs, the need to nurture technology companies and to build more
housing near LIRR stations.
In a report to the White
House released today, an independent advisory group called for «urgent action» to address rapidly rising prices for cancer drugs and the burden cancer patients and their families can
face because of the
high cost of cancer care.
Using data from the 2017 Canadian Financial Health Index and other sources, the report finds that B.C. women make less money, pay more for
housing and
face a
higher cost of living than women in the rest of the county.
Walker highlighted the
higher debts and
housing costs faced by new practitioners along with lower fixed fees, particularly in criminal work, and
higher workloads in publicly funded cases.
FHA's antiquated policy has placed an unreasonable burden on FHA consumers who already
face high housing and closing
costs.
But why would Albertans
face more pressure from rising borrowing
costs than people in Ontario or British Columbia, where
housing prices are significantly
higher?
These benefits could be a welcome relief for families in New Jersey, where they
face higher - than - average food and child care
costs and the fifth -
highest housing costs in the nation.