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The Cycle of Unemployment, Housing, and Poor Economy

October 26, 2013

Employment rates, the housing market, and the economy are all connected and the September jobs report is shining a light on how bleak the futures of the housing market and economy are looking. Unemployment woes have left young adults with no choice but to rent or continue living with their parents which, in turn, affects the housing market since young adults was one of the larger demographics of homebuyers not to long ago.

To read more about this cycle, pick from our sources list below.

Source: “How the Job Market is Killing Housing” by Yahoo Finance, The Daily Ticker

Source: “September Jobs Report Grim for Housing” by Jed Kolko, Chief Economist via Trulia Blog – Trends

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