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Real Estate
Reply to "Genz and millennials don't want your small starter homes want forever homes now"
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[quote=Anonymous]I did not read the article but in the current prices/interest rate environment this makes a lot of sense. You can’t really expect the kind of appreciation that was typical in the past which helped people build up the equity for a larger home and move up. Right now the mortgage for a crappy little house is more expensive than renting a better place. So of course it makes sense to just keep doing that, save up, and then buy a place with the idea of staying there. There is nothing entitled about this behavior. It is just the rational thing to do in current economic conditions. [/quote]
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