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First-time homebuyers are not being shut out of the housing market 

Apr 10, 2019By

Several housing market analysts have expressed concern that a lack of affordability has shut first-time homebuyers out of the market. But the trouble is, there hasn’t been a great measure of how many first-time buyers are actually purchasing homes. Until now. A recent paper by the Federal Reserve Bank of New York set out to create a more accurate picture, and the results may surprise you.

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