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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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High house prices trap rising numbers in 'generation rent' – and they are not happy about it.

Business & Finance : Finance Blog (2 years ago)

High house prices are trapping more young and middle-aged people in 'generation rent'. Restricted mortgage availability is also excluding rising numbers from home ownership, despite widespread dissatisfaction with rented accommodati... Read Post

'Panic Selling' In London Drives Fear That The UK Housing Bubble Is About To Burst

Business & Finance : Business Insider: Clusterstock (last month)

Jim McCluskey/Flickr, CC There is one topic of conversation in Britian right now: The insane price of property, both to own and to rent. People on modest, middle class incomes who bought houses for a few hundred thousands pounds in ... Read Post

"The Rent Is Too Damned High"

Business & Finance : Zero Hedge (9 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

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