Three-Quarters Of Americans Are Afraid Of Losing Their Homes

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September 13, 2016

Making ends meet can really make a person feel vulnerable.

A new survey from the NHP Foundation, via CityLab, found that 75 percent of Americans are worried about losing their homes, and 83 percent were concerned about the rising cost of housing.

Many Americans are living paycheck to paycheck. According to Federal Reserve Board data, 47 percent of U.S. households could not come up with $400 in case of an emergency.

The reality is that, barring some catastrophic national nosedive, 75 percent of Americans aren’t going to lose their homes. But a majority of American families aren’t developing a savings safety net, and excessive housing costs are one of the reasons why.

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