The Big Lebowski Housing Market

Guest Post by Anthony Sanders

The Big Lebowski Housing Market: Declining Purchasing Power And Wage Growth … With Rising Home Prices

It has been a rough ride since 2007.

Purchasing power of the US consumer continues to decline and now we have declining average wage earnings (YoY).

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These rotten economic indicators are reflected in declining mortgage purchase applications and single family housing starts.

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And to make matters worse for US consumers, house prices have been rising again after the 2008-2009 bust.

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With declining purchase power and wage growth, it’s time to find that special rental unit like the one that Jeffrey Lebowski occupied.

Dude House 2

And you can attend a Masters of Real Estate Development (MRED) Program and become a HUD-approved landlord … like Marty!

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And you too can perform a dance cycle for your friends!

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Obama instituted major increases in government employees salaries.

Wall Street continues to beat their own records by increasing compensation.

And the “wage” component INCLUDES employer-paid healthcare. I can tell you it has NOT decreased.

Any “increases” in wages are due to more expensive insurance and a small minority of super-lucky people.

Some animals ARE more equal than others.

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