Laden With Debt, Gen Z Faces Daunting Housing Market

Laden With Debt, Gen Z Faces Daunting Housing Market
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The concept of someday owning a home and being free of the costly burden of renting seems impossible for 27-year-old Harrison in Fargo, North Dakota.

Although he has a budget ceiling of $350,000 and $30,000 in cash for a down payment and closing costs, the median home listing price for his midwestern city towers at $389,500, according to Realtor.com data.

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