Thanks to The Fed-inspired fast-money flood driving up ***** prices, owning or even renting a home has become unaffordable to most. Working a 40-hour-week, a single-earner in D.C. would need to be paid a $28.25 minimum wage for afford to rent a home...
.........and if you live in California (and earn minimum wage), you will need to work 18.6 hours-a-day, 7 days-a-week to afford rent. Thank you Ben Bernanke and Janet Yellen... (and Gov Moonbeam too).