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52% of Households Face Affordability Crisis Amid Falling Wages

12/1/2025

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Story summary
  • About 52% of households struggle to afford essentials such as food and shelter.
  • Average weekly earnings have fallen 3.5% since 2020, deepening affordability pressures.
  • The Federal Reserve is lowering interest rates to make homebuying more affordable.
  • Economists say raising housing supply and reducing tariffs on imported food can ease costs.