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Housing under pressure during COVID-19
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Nearly 4.5 million homeowners late on mortgage payments in May. Potential home sellers have been cautious about getting into the market. As businesses reopen, some add a COVID-19 surcharge. And, Wirecard says the missing $2 billion never existed.
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Demand is still outstripping housing supply.
The extra charges cover masks, gloves, protective gear and cleaning to prevent the spread of the virus.