First they're not buying homes, now they're buying homes... Who do these millennials think they are?!?!
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Next thing you know they'll be creating retirement accounts, buying a 2nd car, and putting a pool in. WTF has this world come to?
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Headline: Millennials are killing the "Millennials are killing __" article industry.
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6 mo ago: Millenials aren't buying homes and killing the housing market! Now: Millienials are buying houses and killing the rental market!
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Not likely
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A home at $250000 3.07% 30 years is $1047.00. A one bedroom rented now is $1400 depends on where.
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I agree with the concept of owning a home, however, also take into account insurance, HOA fees, lawn care cost & there will definitely be maintenance cost. Please take everything into account before buying.
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True, but when you rent, $1400 vanishes. On a 1047 mortage you lose less in fees, insur, repair, AND you build equity. Better than rent.
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Your right, as long as you can handle all that goes with home ownership. We are homeowners, however for our daughter, who is a single mother, it proved to be too much. Easier to rent so maintenance is done by apt owners. Maybe someday.
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Your right its situationally dependent. If you can, owning always better then renting.
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Good, rental market tries to squeeze every dime they can out of us
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SLC up 8% a year for the last few years. WTF and wadges you get like 2% a year???
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Lol your Right. And good luck with Panthers!!!
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Damned if you do, damned if you don’t. WHAT DO YOU WANT FROM US?!!???
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Millennial as are 18-34 and only a few months ago it was reported that M’s aren’t buying homes... get your act together WSJ
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