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Among mortgage hold-ers, those who were lucky enough to beat investors at auction have seen their "cost burden" rate decline to 22.5% from 47.4% be-tween 2010 and 2017, its lowest level of this centu-ry. (A household is con-sidered "cost burdened" if they spend more than 30% of their income on housing.) The mirror image of this
Income By Race: Why Is Asian Income So High? Posted by Financial Samurai 210 Comments In 2018, we’re just now getting back to 2001 real income levels, which means the middle class is falling behind the "investor class" given the real estate market in most major cities and the stock market are near record highs.
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Thus, the socialist pundit John Judis argues in 2016’s The Populist Explosion: How the Great Recession Transformed American and European Politics that populism rose in response to "the skewed.
It’s getting harder for more Americans to make rent each month. It’s getting harder for more Americans to make rent each month. source: rent affordability: 11 million Americans spend half their income on rent – Jun. 22, 2016
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1. Start Earning Serious Interest on Your Savings. Imagine $28,243 more dollars in your bank account. It is doable. That is the interest income you would earn from generating an additional 1% in interest on a $100,000 deposit over 25 years.