The Daily Blog
    08.16.17
    Quick Read:

    “US consumer debt is at an all-time high of over $1 trillion (mostly credit card debt), with an additional $1.3 trillion in federal student loans. Americans… especially younger people, are far too heavily indebted to be able to save any money for a down payment. Moreover, despite all the hoopla about the low unemployment rate in the US, wages are totally stagnant. So the average guy isn’t making any more money, or able to save anything… all while home prices soar to record levels as major funds gobble up the supply.”

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