House Payments hit record high!
In this video, Peter talks about how Skyrocketing housing costs have hit American families hard, with the median home now requiring about half of the median income just for mortgage payments. As interest rates climb and the dream of homeownership fades for 40% of renters, Peter delves into the financial storm brewing for young and blue-collar Americans. With the Federal Reserve slow to cut rates, many are stuck with high rents or mortgages they can't afford, and the economic outlook is grim.
Peter St Onge from @Profstonge has permitted us to upload this video for our audience.
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DISCLAIMERS/TERMS/RULES:
► I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.
#DoomSpending #EconomicStress #FinancialCrisis