Not exact matches
With record housing prices, higher food costs, and increasing financial commitments despite
stagnant salaries, saving for retirement is tougher than ever.
However,
with stagnant job growth and pressure on most employers to lower
salaries, consumer spending has taken some time to help rebound the economy.
With average
salaries remaining
stagnant and stringent mortgage requirements still in place, rising home prices are making it difficult for first - time homebuyers to make a purchase, says Joe Moshé, the owner and Broker of Charles Rutenberg Realty, Inc..