Tagged: Middle Class

Is $100,000 middle class in America?

There’s a prolonged pause when I ask Lyft driver Gaby Osegueda if her family is middle class. Her smile fades as she thinks about it for a while. “Yeah, I think so. I don’t even...

Middle Class Is Shrinking, Difficult To Define

When President Donald Trump was on the campaign trail, one of his main talking points was the middle class, and, in his words, its destruction. “The middle class are getting absolutely destroyed,” he said...

A Fading Middle-Class Perk: Lower Mortgage Rates

A Fading Middle-Class Perk: Lower Mortgage Rates

For three decades, the U.S. middle class enjoyed a rare financial advantage over the wealthy: lower mortgage rates. Now, even that perk is fading away. Most ordinary homebuyers are paying the same or higher...