Economists Say Forgiving Student Debt Would Boost Economy

[BeyondGeography]

5. Student debtors have jobs. Rents are a potential runaway variable cost

That’s why Blackstone and private equity love them so and are waiting for the next downturn to take as many homes off the market as possible like they did in 2012.

The best form of self-defense in an economy where real income growth is hard to come by and corporate consolidation puts upwards pressure on the cost of necessities is keeping overheads as low as possible. Owning a home puts you in a position to do that over the long term and leaves you in a much more secure position when you’re older.