‘In 2008 people couldn’t afford to stay in their house. Now people can’t afford to buy.’

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The severity of the impact depends on individual circumstances and perspectives. In 2008, people faced the challenge of not being able to afford staying in their houses, often due to mortgage-related issues and foreclosures. In the current situation, the concern is about people being unable to afford buying a house, reflecting challenges related to housing affordability and potential barriers to homeownership.

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