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merrily

(45,251 posts)

2. There weren't many condos in the 60s, either. You owned the whole structure or you were a renter.

Reply to marmar (Original post)

Tue Jul 28, 2015, 11:29 AM

Jul 2015

Investors bought up the distressed real estate between 2009 and maybe 2012, and, with or without renovation, sold it at a tidy profit or rented it out, also profitably. Either way, the stock of dwellings affordable to own dwindled.

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U.S. Homeownership Rate Falls to the Lowest Level Since the 1960s [View all] marmar Jul 2015 OP

Housing is terribly expensive....not just buying, but "the rent is too damn high!" nt MADem Jul 2015 #1

There weren't many condos in the 60s, either. You owned the whole structure or you were a renter. merrily Jul 2015 #2

Those That Are At The Age To Buy A Home Are Saddled With Student Loan Debt And..... global1 Jul 2015 #3

Many clamored for more stringent mortgage requirements. Igel Jul 2015 #4