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Essay / Middle Class Analysis - 926
Hernandez says: “In recent years, a significant body of research and analysis has documented the collapse of the middle class and the impact of the current financial crisis on income family, housing and jobs. » The middle class has a huge impact on income, housing and employment. If the middle class completely declined, it would affect the real estate market because there would only be rich and poor. The poor could not afford housing. Their incomes would be low and would create a huge gap between the rich and the poor. This is why we must support the middle class, because without it there would be no economic prosperity.