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Black households not only spend a bigger portion of their income on rent, but they are also more likely to hold student debt and have higher balances, this makes it difficult for Black households to save for a down payment and as a result, they often use their 401( k) or retirement savings to enter homeownership.

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CNN 2 years ago

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    "Jessica Lautz Quotes." Quotes.net. STANDS4 LLC, 2025. Web. 22 Jan. 2025. <https://www.quotes.net/citizen-quote/450775>.

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