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re: Why are homeownership rates precipitously declining?

Posted on 8/30/16 at 3:37 pm to
Posted by Dire Wolf
bawcomville
Member since Sep 2008
36823 posts
Posted on 8/30/16 at 3:37 pm to
Poor middle class, and high debt with college grads.

Plus the places young people want to live don't match their salaries
Posted by BluegrassBelle
RIP Hefty Lefty - 1981-2019
Member since Nov 2010
99896 posts
Posted on 8/31/16 at 11:01 am to
quote:

Plus the places young people want to live don't match their salaries


I know here, what used to be decent middle class neighborhoods, are now full of houses that were bought up en masse after the bubble burst by out of city/state slum landlords and are now a bunch of Section 8/cheap arse rentals. And nobody wants to move into that shite.
This post was edited on 8/31/16 at 11:02 am
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