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A major study from the Center for Housing Policy has confirmed what most people already knew- housing expenses are growing faster then paychecks. While mortgages often get the headlines, other household expense are raising even faster. From 1996 to 2006, incomes rose 36.3%. During the same period here is how much these expenses increased.

Mortgage Payments 46%

Utilities 43%

Property Taxes 66%

Property Insurance 83%