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Nearly half of Detroit seniors spend at least 30% of their income on housing costs − even as real estate values fall

This article is republished from The Conversation under a Creative Commons license. Read the original article. This story was first published in The Conversation For Detroit homeowners over 65 who overwhelmingly live on fixed incomes, unexpected costs – increases in grocery prices, rising health care premiums or an emergency repair – heighten their risk of financial instability and […]

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