HOUSES NEED TO FALL UNTIL THE AVERAGE FAST FOOD WORKER CAN AFFORD ONE...
HIGH WAGES ARE A THING OF THE PAST IN AMERICA...
ESPECIALLY WITH THE AUTO COMPANIES LINING UP FOR BANKRUPTCY...
THE TYPICAL HOUSE NEEDS TO SELL AT A PRICE THAT THE TYPICAL $15 PER HOUR "NEW AMERICAN WORKER" CAN AFFORD THEM...
I'D SAY THAT THE AVERAGE HOUSE IN THE US SHOULD SELL FOR ABOUT $135,000 OR LESS...!
AND THAT IS A LONG LONG WAY TO FALL...
WITH SAY 1 1/2 WORKERS PER HOUSEHOLD...@ $15 PER HOUR...
OR $45,000 PER YEAR IN GROSS INCOME... X3 = $135,000
NET NET...HOUSES AROUND $100,000 SHOULD BE THE NORM...