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"Housing actually exacerbates a problem that would already be bad enough if it was only driven by the way in which the income distribution has become more unequal"

“Housing actually exacerbates a problem that would already be bad enough if it was only driven by the way in which the income distribution has become more unequal,” Saiz told Salon.

Meanwhile, the other signature Harris economic policy, which she was quick to quote on the debate stage, was increasing the tax write-off for small businesses to $50,000, which, even if the lower ends of the income distribution were all entrepreneurs, is neither succinct or immediate.

The Social Services Administration does not provide an official definition, but a 2014 analysis on its website suggested that the middle class encompasses the three middle quintiles of national income distribution.

A typical household in the middle of the US income distribution, the think tank estimates, would lose around $1,700 each year.