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Middle class to disappear

https://www.happierabroad.com/forum/viewtopic.php?f=41&t=23221

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Middle class to disappear

Posted: May 30th, 2014, 2:32 pm
by Cornfed
Property price rises will cause the middle classes to disappear within 30 years, leaving only a "wealthy elite and sprawling proletariat", government adviser says.

http://www.telegraph.co.uk/culture/hay- ... viser.html

Posted: May 30th, 2014, 4:22 pm
by fschmidt
I agree with this, not just in the UK, but generally. This is why I bought stock in AMH which owns rental property.

Posted: May 30th, 2014, 7:27 pm
by zboy1
The U.S. economy contracted in the fourth quarter of 2013!

http://www.foxnews.com/us/2014/05/29/us ... y-rebound/
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