Widening Wealth Gap and Rising Costs Squeeze America's Middle Class
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Wealth gap between rich and poor is rapidly expanding, making it harder to maintain middle class lifestyle
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Housing market increasingly favors luxury or low-income options, with shortage of affordable middle class housing
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Costs of homeownership like mortgages, taxes and insurance are rising quickly, putting homeownership out of reach
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Many full-time workers struggle to afford basic necessities like food and shelter despite being employed
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More people adopting unconventional living situations like living with family, roommates or in vehicles as housing costs escalate