Housing still unaffordable

Housing Unaffordable - Politics, Business, Civil, History - Posted: 12th Mar, 2011 - 2:52pm

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A Financial Blog
Post Date: 4th Mar, 2011 - 4:02pm / Post ID: #

Housing still unaffordable

Housing still unaffordable
Mortgage / Home Buyer News

Home prices have dropped and mortgage rates are still low, yet housing costs continue to become more and more burdensome for many working households, according to "Housing Landscape 2011," a study from the Center for Housing Policy in Washington, D.C. The report defines "working households" as those in which household members work at least 20 hours Source: Bankrate.com » Mortgages

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12th Mar, 2011 - 2:52pm / Post ID: #

unaffordable Housing

It doesn't really matter how low they can go, the point is that our folks don't have the kind of jobs and earning income that will allow them to afford them in the first place. It's a very tough situation out there.


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