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re: A guy goes to school just for the student loan cash
Posted on 3/3/14 at 1:36 pm to Teddy Ruxpin
Posted on 3/3/14 at 1:36 pm to Teddy Ruxpin
quote:
I don't know how the housing market will look in this environment. There is a group of economic earners who can't buy homes with their debt obligations so it's a two prong economic issue.
Fair.
It will be interesting to watch. There is SO much unpaid student debt.
If less people are buying the prices with go down. I am just so jealous of my brother who got his home in the trough of the housing collapse with a fixed rate mortgage of 3.5%.
I don't want a full blown economic emergency, but I wouldn't mind the economy stagnating for a few more years as I save enough for the downpayment
1
Posted on 3/3/14 at 1:39 pm to TheCaterpillar
Ya, I just wonder what economic ripples may occur. Sure, the houses may cost less, but now a bunch of homebuilders etc don't have jobs, and that ripples and so on, then you lose your job and can't buy that house if you're unlucky enough.
I'd love to hear a knowledgeable person on the subject discuss potential fallout and unpredictable consequences
I'd love to hear a knowledgeable person on the subject discuss potential fallout and unpredictable consequences
This post was edited on 3/3/14 at 1:41 pm
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