Feb 26, 2021
4:58:57pm
4:58:57pm
I'm betting that a bigger problem is young marrieds see their middle class parents owning large homes and think
that they, even at their young age, are entitled to the same. Maybe they look down on their parents or think they're better educated...but many lack the patience and just want to jump ahead 10+ years without putting the effort.
Blame boomers all you want but many bought houses at 9% to 13% interest rates.
They probably think it's amazing that young couples get the benefits of cheap financing.
Blame boomers all you want but many bought houses at 9% to 13% interest rates.
They probably think it's amazing that young couples get the benefits of cheap financing.
- Bio page
- TFL
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- Oct 7, 2015
- Last login
- May 8, 2024
- Total posts
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Messages
Time
2/26/21 3:12pm
2/26/21 3:16pm
The answer for society is: build more homes. The answer for the individual is: move to places that you can afford.
2/26/21 3:42pm
2/26/21 3:59pm
2/26/21 4:07pm
"lots of young married couples unable to afford starter homes, and they live in cramped, bad rental housing".
2/26/21 4:33pm
2/26/21 4:47pm
2/26/21 4:55pm