Middle-Class Misery: Housing Crisis Hitting Cities, Working Americans Harder Than Ever Before

Ten years after the Great Recession roiled the global financial system and sent the American economy into a tailspin, the U.S. has roared back to boast an unemployment rate below 4% — a figure not seen since the 1960s.

Yet, despite the influx of jobs, wage growth has remained stagnant, leaving millions of middle-class Americans without savings, living paycheck to paycheck as they continue to fight for what generations before have taken for granted: decent, affordable housing...

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RSK: This is a real problem, my friends.

Ken Notes: This is a real problem and because the margins are not there in small housing even companies like Veridian start in the mid 200K range. The 150K starter home we need is not there. Some of the Madison apartments will convert to condo to allow some to establish equity and rural developments will grow some starter homes. But this is a problem in need of a real solution...