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High Cost of Housing Hurts Workers
Posted On: May 25, 2016
May 25, 2016 | INCOME INEQUALITY | Shelter is a necessity of life. But for too many everyday Americans, it is becoming increasingly difficult to cover the soaring costs of providing a home for themselves and their families… An article at apartmentlist.com states, "Faced with rising rents and stagnant incomes, most are not saving enough. They also receive much less financial support from friends and family, and will need more than 15 years to save enough for a 20% down payment. Nearly all metros across the United States are unaffordable for millennials without a college degree." … teamster.org
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