People often only think "can I afford the mortgage" but do not think about how much is a new roof going to cost or replacement windows.
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Don't forget about insurance, dues, taxes, upkeep, and total loss
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rents are too high
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Your article does not cite data from Professor Wachter from Wharton but I understand her concern. Homes are at historic high prices. Whew!
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$170,000 for a Cleveland 2,000 sq. ft. home with basement. Nice place? Year built? Can't touch that SFR price in California. Maybe rural..
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Read article earlier which pointed out the homeownership rate is the lowesr since 1965. Also noted lowest age segment was young people.
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This is surprising news, hope the trend continues like this and younger people have more opportunities to own property
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Also, young people moving back to parent$' "home"
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I strongly propose to buy a house if you have already had a family
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Still not enough. Millennials need to get up off their ass & find meaningful work & move out their parent's basement
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Buy.
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I still can't buy and I am halfway through my life. SMH.
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you know how we figure out the top of the market?
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