Renters' hopes of being able to buy a home have fallen to a record low, New York Fed survey shows
The share of renters who believe that they one day will be able to afford a home, fell to a record low 13.4%.
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Lived in NYC and every time rent rose to where I couldn't afford it, I would have to blow my savings relocating. A few years ago I instead used the money to gtfo of the state entirely. Love that city but god damn if it isn't a huge trap.