Reply to I know why Millenials can't afford houses and pay off their student loans..

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[quote=Anonymous][quote=Anonymous]lol You people are insane.

The vast majority of the people buying pre-recession/pre boom were Gen Xers/Boomers. This is mathematical, just plain fact. What other generation was buying up real estate at inflated prices and using their homes as ATMs or being self styled "flippers"? The Silent Generation? WHO? [/quote]

Hmmm. Thanks to home ownership for all government policies the ATM ers and no docs were in the mix.  HAMP includes investment properties-owner occupied only?  https://www.makinghomeaffordable.gov/steps/pages/step-2-program-hamp.aspx

https://www.washingtonpost.com/news/where-we-live/wp/2016/07/21/d-c-to-reopen-foreclosure-prevention-program/?utm_term=.db597f9ad29f

Now onto the high cola DC area.  Do you realize how the Feds /Obama are screwing you for mortgage ins deductions ?  https://www.washingtonpost.com/realestate/mortgage-deduction-for-middle-income-homeowners-expired-at-the-end-of-2016/2017/01/03/e0369600-cc3e-11e6-b8a2-8c2a61b0436f_story.html?tid=pm_realestate_pop&utm_term=.352f45ffc930[/quote]

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