Cost of Renting,Owning Unaffordable 'Many Workers'

Cost of Renting,Owning Unaffordable 'Many Workers'

Across the U.S: With the home price recovery moving along faster than income growth, many workers across the country are finding hard work is not enough to pay the bills, according to the 2013 Paycheck to Paycheck report from the Center for Housing Policy.

“One of the most overlooked aspects of this recovery is that for many workers, incomes are not rebounding in step with local housing markets,” said CHP. “Even in a strong sector like travel and tourism, wages have not kept pace with the rising costs of renting or homeownership and  ”Is there a stigma with 'short sales'? Home buyers once saw short sales as big bargains.