Quote:
Originally Posted by CivicBlues
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.
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yea guess it probably has a lot to do with age as when i think about it now, a lot of the people who used to work for my former company (5-8 years younger than myself) were the ones getting into these big time mortgages with little to nothing down. Some probably did alright but i'm sure some are struggling pretty hard now. Especially considering some of the locations and builds they bought into have not seen the increases most have.