New vehicles top $50K impacting home affordability

LAS VEGAS (KLAS) — Drivers are paying more for their cars than housing, and it’s eating into their purchasing power, according to a study by real estate company Zoocasa.

“For a lot of households out there, affordability and cost of living is still really a struggle,” Zoocasa’s Carrie Lysenko said.

Zoocasa also examined other types of debt, besides a mortgage or rent, that the average American household has…

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