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And while it all feels a little bleak, Freddie did conclude with a bit of a positive note. He said, “Though housing has changed, it doesn’t mean it’s impossible. Success comes in many forms outside of homeownership.”
He added, “I know it can be challenging, but staying optimistic, being creative, and continuing to learn will help you navigate not only the housing market, but your lives. We cannot underestimate the power of 140 million millennials and Gen Z’ers who can come together and truly make the world and economy a more balanced place.”
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