Hall of Famer
- Nov 9, 2008
You do realize not everyone renting is looking to own. Many of these younger couples paying those rents have plenty for a down payment. Many do own homes too, but have purchased duplexes and multi unit that they are using as investment.People who don't have the discipline to save up a downpayment.
But want to live hassle free with amenities, great restaurants and nightlife they can walk to and easy commute to their jobs in the city.
when I was younger, by the time I hit 26, I was looking for my family home with at least .25 acre or more and away from any city. That doesn’t happen with this generation until close to 40