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People often lose their houses due to financial difficulties, such as job loss, medical emergencies, or rising living costs that make mortgage payments unmanageable. Additionally, economic downturns can lead to declining property values, making it difficult for homeowners to sell or refinance. Poor financial planning, excessive debt, and predatory lending practices also contribute to this issue, leaving many unable to keep up with their housing expenses. Ultimately, a combination of personal, economic, and systemic factors can lead to home loss.

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2w ago

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