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Real Estate
Reply to "Question for renters..Aren't you tired of paying someone's mortgage?"
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[quote=Anonymous]I think the OP asks a stupid question and frankly insensitive question. While there are those that do rent because they use the savings in other assets to generate a return and/or are highly-mobile professionals - the vast majority of those that rent would love to buy but cannot. As col rises and wages are squeezed, getting that downpayment without outside assistance (parents, etc) is very tough for the DC market. Downpayment issues, job uncertainty, wages under constant pressure - all leads to tons of people for whom home ownership is a pipedream. [/quote]
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