The most recent Federal Reserve survey (2022 data) shows household net worth finally recovering to pre-Global Financial Crisis levels after a severe decline and slow recovery. The next survey, which should be reported later this year, will hopefully mark substantial further progress. Several...
My recent blog, Unaffordable, focused on the ratio of the median home price to average household income which rose from 3.5 in 1985 to 5.8 today making homeownership increasingly unattainable for many. I recently came across data illustrating that this problem is particularly...
