Earlier quoted context omitted.
workforce in usa seems pretty good. Have you seen the homeprices they are able to afford ?
Have you seen the sacrifices made to afford those homes? Just because someone owns a home doesn't show the whole picture. There are plenty of Americans that own homes and are struggling to make ends meet elsewhere. Home ownership is set up to consume a person. Miss a payment and there are serious repercussions to one's financial well being, so it becomes a priority. Up to a point, miss a credit card payment and it's…
They need to downgrade then. Not everyone needs to live in 5 bed mcmansion. I know ppl who bought 100k cars are 'struggling to make ends meet'.