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PBS News Hour
HUD Secretary Marcia Fudge on soaring home costs
Home prices in the U.S. have risen around 20% year-over-year, making homeownership unaffordable for millions of Americans. A historic housing shortage is causing rental rates to spike, too, and experts say it's unlikely prices will drop significantly any time soon. Marcia Fudge, Secretary of the U.S. Department of Housing and Urban Development, joins Geoff Bennett to discuss.
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This episode is the July 19, 2023 broadcast.
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