Housing hotspots and rampant speculation could lead to another crush

The Wall Street Journal

By Dan S. Barnabic, June 09, 2016

The prices of real estate in major selected urban centers are still going up. But job growth and wages cannot keep up the pace, in fact, they lag behind very badly. The minimum salary needed to afford the rent in many major cities is way too low, even for the rapidly eroding middle class.

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