Agree
Renting used to be a temporary, viable alternative to home ownership, providing affordable housing while allowing for the accruement of savings towards a down payment. The cost of home ownership is now astronomical, making the down payment necessary to allow for a reasonable monthly payment enormous, and rent has likewise become so expensive that savings towards a path to home ownership is no longer possible, even for people with what would have been considered a good wage 10 years ago. Short of receiving a financial windfall, the only way to realistically save up for the down payment on a home to day is to avoid the financial treadmill of renting and continue living at home (where parents may still charge rent). Income simply has not remotely kept up with inflation, the cost of living, and the housing bubble.
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