Monday, October 10, 2011

This is Not a "Recovery" - US Median Income Has Plunged Since Recession "Ended"

Median income fell "only" 3.2% during the Recession--6.7% after, for a total of 9.8% in four years.   The numbers below (and see chart in embed) also help explain why 4% mortgage rates aren't motivating  home buyers.

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