Help your child or grandchild understand the importance of learning math with the image below.
Archives For August 2016
This speaks to the difficult situation face by renters who would like to buy a home.
Home ownership rates have been on a steady decline and are now near a 48-year low (see the chart below). Adding to the difficult situation is that real household incomes have dropped 9% while rents have increased 7% over the last 13 years. The poor home ownership situation will likely persist, since nearly half of today’s renters spend more than 30% of their pre-tax income on housing.
