Pythium

3 Things America Needs to Do to Get the Economy Back on Track

@humblemaster

I agree humble, that is the underlying problem. Also, salaries haven't increased, so it takes more of the paycheck to make a housing payment. In the 70's my dad paid 25% of his salary to housing, but now it would take me 60-70% of my salary (I have a graduate degree).

Also, if everyone has a home (or bought in times of great prices/interest rates), where will the demand be to the glut of supply?