One in every 10 Americans missed a mortgage payment in the first quarter of this year, a new record.
One in 10 Americans' credit-card usage is being written off, also a new record.
One in six Americans are either unemployed or underemployed.
Over four in 10 of those jobless Americans have been out of work for at least six months and there are five unemployed workers competing for every job opening.
One in four Americans with a mortgage have negative equity in their homes.
One in eight Americans feel the current government policy is actually helping the economy.
Only one in 50 Americans plan to buy a home in the next six months.
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1 comment:
Just found this little tidbit of interest:
Jonathan Miller, chief executive of appraisal firm Miller Samuel Inc.
Mr. Miller estimates that there were 6,500 units of shadow space in Manhattan alone during the first quarter of this year. If those apartments were unloaded all at once, supply would potentially skyrocket by 70%.
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