Middle class with no assets/low assets sure seems to getting clobbered with this economic “recovery”, which I think is pretty turning out to be what appears to be a wealth redistribution, which is the opposite of what I think our politicians intended (or claimed it would be about)…..
Afterall, I believe asset accumulation isn’t really happening at the lower echelon of middle class and below….It’s kinda hard to get a low interest/fixed rate lown and leverage up the ying yang if you were leveled during Real estate crash 1.0…..
I suppose though, that people haven’t come to the realization (yet)…Or at least are slowly beginning to realize it.
