How Student Debt Is Holding Back The Housing Market

How Student Debt Is Holding Back The Housing Market:

College grads should be getting ready to live the American Dream and buy a house of their own. But they’re being held back by their crushing debt loads […] Students got caught in a housing market spiral: many parents who had once used home equity to help finance college costs had to pull back when the market tanked, leaving students to take on more debt, which is now getting in their way of owning their own homes. […]

BTW: the housing market is rebounding on speculation of an increase in homeownership that WILL NEVER HAPPEN. Prepare for student debt to crash the US economy not just once, but twice. 

“This error is needed to get the results they published, and it would go a long way to explaining why…”

“This error is needed to get the results they published, and it would go a long way to explaining why it has been impossible for others to replicate these results. If this error turns out to be an actual mistake Reinhart-Rogoff made, well, all I can hope is that future historians note that one of the core empirical points providing the intellectual foundation for the global move to austerity in the early 2010s was based on someone accidentally not updating a row formula in Excel.”

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"Roubini characterizes super-sovereign intervention as merely kicking the can down the road. He says…"

“Roubini characterizes super-sovereign intervention as merely kicking the can down the road.

He says wryly: ‘There’s not going to be anyone coming from Mars or the moon to bail out the IMF or the Eurozone.’” –
So at some point you need rest…

“We are going to be taxing everybody […] I think we…

“We are going to be taxing everybody […] I think we are getting close to the point where the Fed can no longer buy all the debt.” “The next couple years?”“Yes…” 

I ‘m glad that the OpEd page at NYT has finally caught up to what I