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Rising Costs May Create More Lifelong Renters

Mortgage rates, high rent, inflation make it hard to buy house in 2022

Trying to buy a house during COVID-19? Here s why it s so hard

Buy a house during COVID-19? The housing market is a tale of two Americas and first-time buyers are struggling

Buy a house during COVID-19? The housing market is a tale of two Americas and first-time buyers are struggling Swapna Venugopal Ramaswamy, USA TODAY © Illustration by Ryan Sparrow Housing Boom After five years of carefully saving money for a down payment on their first home, Christine Rodriguez and her husband, Oscar, hoped to finally move out of their rented trailer in Des Moines, Iowa. The pandemic made their need more urgent. While five of their six kids were studying online from home, the three-room dwelling started to feel untenable. The children, ages 6 through 17, couldn’t even freely play outside. “When you live in a trailer, your neighbors are so close, says Christine, a waitress at a sports bar. We have a yard, but it s not too much. We just wanted them to be able to go out and just be kids, like, you know, screaming and yelling and just having fun playing and not bothering other people because we re so close.”

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