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The Impact of Tariffs: Build Materials, Rentals, and Cost of Living
Manage episode 480757925 series 3606229
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In today's challenging housing market, the impact of tariffs on building materials has significantly influenced rental prices and the overall cost of living, making it increasingly difficult for hardworking individuals to afford a home. As tariffs drive up the prices of essential construction supplies, potential homeowners face higher costs, which can deter them from entering the market. To navigate these challenges, it's crucial for buyers to adopt a defensive strategy, focusing on budget management and exploring alternative housing options to ensure they can secure a home despite rising expenses.
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