Everybody would be better off if they could buy housing for only, let's say, a carrying charge of one-quarter of their income. That used to be the case 50 years ago. Buyers had to save up and make a higher… — Michael Hudson Copy Share Image
When you feel house poor, you don't buy anything. Housing immediately impacts the job numbers because there are so many housing-related jobs within the industry, and in adjacent industries. — Mellody Hobson Copy Share Image