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re: WSJ Piece: Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks

Posted on 4/27/24 at 11:07 am to
Posted by armytiger96
Member since Sep 2007
1255 posts
Posted on 4/27/24 at 11:07 am to
quote:

Well yeah, but home prices for a starter home were like $75k not $300k. Huge difference when your interest rate is 7%


Nope that's when interest rates were 18% in early 80's. Young families were buying 300k+ houses in 2008 at the historically low rates of 7% in late 2000's.

Quit crying and figure it out like every generation before you.
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