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A Punishing Housing Market Is Squeezing Renters

Higher mortgage rates and slowing residential construction are again giving landlords the upper hand.

© Grant Hindsley for The New York Times

Higher mortgage rates are pushing aspiring homeowners to keep renting, intensifying competition in the rental market.
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Can’t Afford a Home. Can’t Afford a Baby. Can’t Afford Life. This Is 30.

They’re trying to build middle-class lives in New York. But many 30-year-olds in the city feel worse off than their parents. Is it average adult angst? Or something more enduring?

© Todd Heisler/The New York Times

People in their early 30s make up the largest age cohort in the United States. They’re feeling priced out of adulthood.
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