The cost of buying a house has significantly outpaced income growth. In many cities, even a modest home is now beyond the reach of a typical middle-class family. This shift has forced many to ...

According to Martin Orefice, CEO of Rent To Own Labs, one factor in how much savings a middle-class family should have is whether or not they own a home. “Homeownership is expensive; in addition ...

The report, Under Pressure: The Squeezed Middle Class, says that totems of middle class family life, such as access to housing and higher education, have become increasingly expensive. The rising ...

“I would say the tradition of extended family trips ... a mortgage or house purchase might be something the middle class won’t be able to afford in five years,” said Carter Seuthe, CEO ...