I'm a 20 year old college student who has always been good with money but don't look at buying a house in the next five years as a possibility at all.
Most of the people I know are in much worse financial situations or bank on their parents for money. Factoring in student loans as education continues to increase much more quickly than inflation, people won't have the money unless they borrow a ton.
Basically, I don't think that people will be able to afford current housing prices in 10 years. Won't prices need to come down if the demand on housing decreases?
Submitted May 05, 2017 at 09:33PM by NewAccountingKid http://ift.tt/2pL6mHP
