America’s Road to Serfdom – 51% of Home Renters Are Over 40 Years Old

Today’s story from the Associated Press perfectly illustrates how millions of Americans were reduced to neo-feudal serfs by the financial crisis, and how those who ruined the economy profited handsomely from the process.

While popular perception holds that debt-ridden, broke millennials are the ones driving the rental market, the truth is far more nuanced…

Read the rest here.