The American Dream is slipping out of reach

Excerpt from LinkedIn Daily Rundown Published June 23, 2018

Computer, beverage, and other personal items set by an open windowHousing prices are at their least affordable levels since late 2008, reports Bloomberg. The median price for a previously owned home hit $264,800 in May, making home ownership unrealistic for 75% of average wage earners in the U.S. It’s a perfect housing storm: As home prices rise and mortgage interest rates climb, the construction industry is suffering from a labor shortage, making it even more challenging to meet housing demands. • Here’s what people are saying.

Author: chapterpresident

I have worked in the FDA since 1990 in a variety of positions. I currently serve as chapter president of NTEU Chapter 254, representing FDA employees in Arkansas, Colorado, Iowa, Kansas, Missouri, Nebraska, New Mexico, Oklahoma, Texas, and Utah.