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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Mike Johnston who wrote (54460)2/22/2006 9:34:41 AM
From: GraceZ  Respond to of 110194
 
Translation: Since the kids cannot afford to buy the house on their own, they have to turn to their parents for help.


I think that if you ask people how they bought their first house you would find more people today who buy that first house without help from their parents than in any time in history. In fact the biggest risk today is that first time buyers have borrowed from mortgage markets what they used to get gifted or lent to them by close relatives.



To: Mike Johnston who wrote (54460)2/22/2006 9:40:49 AM
From: re3  Respond to of 110194
 
<<<Translation: Since the kids cannot afford to buy the house on their own, they have to turn to their parents for help.

or more young adults than ever boomeranging back...to afford the newfangled necessities of life and to save for a home of their own

an off the wall commercial around here, wanna get your kids to leave home already, stop cooking with cheese !


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