Jul 14, 2016
Tons of debt is forcing many to delay real estate goals.
We have spent some time talking about the changing make up of the buying public. One of the areas that is feeding this change is the ever increasing amount of debt that graduates are saddled with after completing college.
In fact, graduates today are saddled with over 3 times MORE debt today than folks who graduated just 10 years ago! This can mean a huge change to when these folks decide to make their real estate purchases. We will also relate this topic to previous stories we have covered that attempt to examine what keeps millenials sitting on the side lines when it comes to real estate.
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