Americans struggle to afford housing

Updated

Jan. 10, 2007 -- CHICAGO (Reuters) -- U.S. home prices may have dipped over the past year, but many American workers would still struggle to afford a median-priced home in major cities, a new study said Wednesday.
"American workers are really not gaining ground and they're so far behind in the first place," said Barbara Lipman, research director for the nonprofit Center for Housing Policy, which conducted the study.
While the

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