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Single Ladies Winning the Home Game: What's the Catch? 🏠💁♀️
Single women are out here snagging more homes than single men, owning nearly 13% of houses in the U.S. compared to the guys' 10%. But hold up, the plot thickens. LendingTree's digging into why, and it turns out, it's all about that commitment to the home-owning dream, despite some hefty sacrifices and the fact that ladies often outlive their partners. A big cheers to that, especially when you think about how women couldn't even own property till 1900 and faced mortgage discrimination until 1974!
But here's the not-so-fun part: Single women are dropping about $1,600 more than men on their home investments annually. By retirement, we're talking about a 30% wealth gap. Ouch. The reasons? It's a mix of being the default for childcare (timing the market is tough with that gig) and not negotiating as hard, which means buying pricier and selling for less. 📉
And where's this home-owning heroine scene booming? The South takes the cake, while the East Coast has got that gender gap glare.
So, "Why do single women own more homes?" and "Why are single women losing more on home investments?" are the burning Qs we're diving into. And for those of us dreaming of homeownership in big cities like LA, let's face it, we're probably investing in cat real estate instead. 🐱💕 Drop your thoughts below! Do we start a negotiation club or what?