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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Sales of existing homes fall for 11th consecutive month
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Poster Handle
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Anonymous Coward |
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Post Content
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The large majority of people 25 years and younger will never have the opportunity to own a home simply because they will never earn enough money to afford it. They will rent a cheap place with roommates or live out their entire life with their parents. All by design.
If I was in this age group, I'd be fighting mad.
Quoting: Anonymous Coward 78499833 I bought 40 years ago with a 30 year mortgage. It can still be done, but only if things remain stable. I had friends that lost everything in 2008, including their pensions because the corporations they worked for went under. They had to sell their homes and move into apartments, and some had to go back to work. I saw some of the same things after 9/11 when things crashed in 2001. I always prepare for the worst, and hope for the best.
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