#internal-migration

#internal-migration

Economic factors encourage more households to rent High mortgage rates, rising home prices, and affordability pressures are causing many would-be homebuyers to delay ownership, remaining in the rental market for longer. In today's market, the median U.S. household needs to devote 48% of its income to housing payments to buy a home. Even as interest rates fall, the barriers to homeownership, like high financing costs and low inventory, are considerable, driving the number of households living in rentals to all-time highs.

The low-paid Chinese worker is at the mercy of an entirely unrestrained market. The jobs Hu does demand unpaid trial periods and have no base pay, and he works mainly for commission or a handling fee, which his employers can reduce on a whim. Disgruntled employees pick on each other, because going after the powerful will only cost us in the end. Experienced hands refuse to help newbies, on the grounds that teaching the disciple might starve the master.