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Despite Falling Prices, Housing Burden Still High for Middle Class

Though home prices have fallen dramatically as a result of the housing bust, paying the monthly cost of renting or owning a home hasn?t become any easier for many middle-income Americans families, a new study finds.
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Renting costs £200,000 more than homebuying – even before house price gains are banked

Business & Finance : Finance Blog (2 years ago)

Don’t tell ‘generation rent’ – or rising numbers of people unable to buy their own home – but Barclays Bank reckons it costs nearly £200,000 more to remain a tenant for life than it does to become a homeowner. Worse still, interest ... Read Post

"The Rent Is Too Damned High"

Business & Finance : Zero Hedge (4 months ago)

“In 1960, about one in four renters paid more than 30% of income for housing. Today, one in two are cost burdened,” according to a new study (ironically) by Harvard University. As Bloomberg BusinessWeek's Peter Coy notes, the availa... Read Post

Investing in Skills to Build a Secure Middle Class

Business & Finance : Huffington Post: Business Blog (7 minutes ago)

In today's economy, access to training for in-demand jobs can help American workers punch their tickets to the middle class, and it can help American businesses continue to grow. However, as our economy continues to expand, too many... Read Post

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