The Poverty Trap

Are Secret Algorithms Responsible For Your Rent Hike?


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“Between soaring prices and rising rates, the typical home buyer in October paid 77 percent more on their loan, per month, than they would have last year, according to Realtor.com. With a national median asking price of $425,000 and a 10 percent down payment, that works out to an additional $1,117 every month.” The New York Times, November 4, 2022



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The Poverty TrapBy Joan DeMartin