«Rising rents and repaying student loan debt makes saving for a downpayment more difficult, especially for young adults who've experienced limited job prospects and flat wage growth since entering the workforce,» he said. (nar.realtor)
As a result, and with flat wage growth, consumers have less money to spend on non-essential items, like clothes. (cnbc.com)
«Rising rents and flat wage growth make it difficult for many to save for a down payment, and the dearth of supply in affordable price ranges is limiting their options.» (vermontrealtors.com)