Friday, March 31, 2006

Fw: Boom Pushed Ownership Beyond Reach of Many, Study Finds

The recent housing boom moved prices beyond the means of average folks, new research shows.

Families whose full-time jobs pay between minimum wage and 120 percent of their area's median income are less able to afford their own places today than 25 years ago, the Center for Housing Policy in Washington reported this week. (Read More)

Source: Washington Post