Quote:
Originally Posted by Hondaracer
95% of my friends parents own million dollar + homes with no mortgage on it
50% of my friends own a place with 40% or less remaining on the mortgage
50% do not own and either rent or still live at home
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Well assuming your friends are in their mid-30s and their parents are 60-70s then it's not surprising. As a early-mid Boomer you pretty much had to be a major fuck up to not own your own home and have it paid off by now.
Many in our generation? heh. Esp those who bought recently with 5-10% down.