Renters make up the majority of Boston's population and face severe unaffordability due to soaring home and apartment prices. Financial barriers like high home prices and mortgage rates prevent many from saving for a down payment.
Many tenants, like Lauren and Millie, find themselves in a financial limbo, unable to save due to high rental costs. Lauren expresses being on a 'rental hamster wheel,' while Millie is excluded from homeownership due to income constraints.
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