Tuesday, April 29, 2014

The New Normal American Dream: Rents Soar To Record High As Homeownership Rate Plunges To 19 Year Low

Home ownership is plunging, rental prices are soaring, and incomes continue to drop.  This is not a good backdrop for an economy built on discretionary spending.

http://www.zerohedge.com/news/2014-04-29/new-normal-american-dream-homeownership-rate-plunges-19-year-low-asking-rents-soar-r

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