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.
