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System Shock Even if you’ve been living under a rock, you’re probably familiar with Bitcoin. Now, just as crypto disrupted the concept of value, decentralized finance is poised to disrupt finance itself. The populist movement promises huge returns for daring investors. But with DeFi’s promise of inclusion comes risk and uncertainty.
CityLabEconomyMapping the Hourly Wage Needed to Rent a 2-Bedroom Apartment in Every U.S. StateThe figures highlight the mismatch between dipping job earnings and soaring housing costs.National Low Income Housing CoalitionByTanvi Misra+FollowMay 27, 2015, 6:48 PM UTCYes, the American economy is improving, and yes, we’re creating more jobs. But the hourly wages for a lot of these jobs are stagnant at best. According to the Pew Research Center, 30 percent of America’s workforce earns a near-minimum-wage salary—that’s almost 21 million people. As a cruel paradox, rents across the country keep rising.[Like us on Facebook]Copy Link
