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Hidden homeownership costs hit nearly $16,000 a year, Zillow says

Senior couple arguing with manual worker during renovation process at home.

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U.S. homeowners now spend nearly $16,000 a year on maintenance, insurance and property taxes. Those costs are increasing faster than household incomes, according to an analysis from online real estate marketplace Zillow (Z) and Thumbtack, a home-services hiring platform.

Their

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