Skip to content

The Economy is Great. The Middle Class is Mad.

7 (1)

"In the past year alone, home prices have leaped 20% and the cost of all goods is up 8.5%. Families are paying $3,500 more this year for the basic set of goods and services that the Consumer Price Index (CPI) follows than they did last year. Average hourly earnings, by contrast, are down 2.7% when adjusted for inflation. That squeeze has left many who identify as middle class reaching to afford the three H’s, especially housing. In March, U.S. consumer sentiment reached its lowest level since 2011, according to the University of Michigan’s Surveys of Consumers, and more households said they expected their finances to worsen than at any time since May 1980."

Subscribe to our regular newsletter and get exclusive access to our next investment opportunity.

Recent Posts

Developing Workforce Housing for Multi-Generational Families

Developing Workforce Housing for Multi-Generational Families “In this episode, Scott Choppin joins us for an interview where he shares his…

Read More...

2023 CRE Maturity Outlook: The Year Ahead

2023 CRE Maturity Outlook: The Year Ahead “Cred IQ (credible? no idea, it’s on the internet, close enough) 2023 securitized…

Read More...

US Housing Affordability at Lowest Levels in History

US Housing Affordability at Lowest Levels in History Goldman Sachs: “US housing affordability at lowest levels in history.” To Read…

Read More...