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Axios
Axios
Business

A plan for getting housing wealth to renters

United States Enterprise Fannie Mae

Building wealth via homeownership is a time-tested American tradition. Now a new project is trying to replicate that mechanism in the rental market.

Why it matters: Most people who rent homes in the U.S. do so because they're priced out of the housing market. That excludes them from the forced-savings device that is a mortgage.

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