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).
These rotten economic indicators are reflected in declining mortgage purchase applications and single family housing starts.
And to make matters worse for US consumers, house prices have been rising again after the 2008-2009 bust.
With declining purchase power and wage growth, it’s time to find that special rental unit like the one that Jeffrey Lebowski occupied.