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Message
re: WSJ: Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.
Posted on 4/29/24 at 4:55 pm to baldona
Posted on 4/29/24 at 4:55 pm to baldona
quote:
If you can’t afford a 20% down payment, save. You shouldn’t own a home and worry about it.
There's tons of people who can afford a 20% down payment to avoid PMI but will still get outbid by someone like BlackRock.
1
Posted on 4/29/24 at 4:59 pm to ragincajun03
quote:
BlackRock.
Blackstone
quote:
If you can’t afford a 20% down payment, save. You shouldn’t own a home and worry about it.
There's tons of people who can afford a 20% down payment to avoid PMI
There are lots of young people just getting started who can't afford 20% and should absolutely still look to buy a home. We did that and it was the best financial decision we ever made.
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