as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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describe a modern issue or challenge facing us cities.
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one major issue facing us cities today is the rising cost of living. many cities are becoming increasingly expensive to live in, leading to a widening gulf between the rich and the poor. in addition, the lack of affordable housing has led to increasing homelessness and displacement of low-income individuals and families. the rise in living costs has also led to a lack of well-paying jobs, exacerbating economic inequality and forcing more and more people to rely on assistance programs.
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