Cars And Big Houses Are Becoming Unbuyable

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Big loans for everyday(ish) people are becoming more of an impossible dream.

Reports emerged on Monday that Americans looking to buy a car for less than $20,000 have now been reduced to a single option, the Mitsubishi Mirage. Simultaneously, the Wall Street Journal reported houses on the upper end of the price spectrum are becoming unaffordable because banks are jacking up rates on the chunky loans that come with them.

Source Fool.com