Over here we kind of have the opposite where young couples are buying these houses that they really can't afford. It is funny that with all of the things they put in place after the crash of 2008, they are still giving out loans to people they probably shouldn't be. Sure they have PMI in place now and things like that, but it is still leaving a lot of people on the hook. Especially now that our housing market is booming and houses are selling for much more than their initial appraisal.
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That happens here too, but banks are a "little" more sensible and parents help out many. The housing market is going to crash pretty hard. I am glad that we are planning on staying in ours a while...
I am with you on that one. My wife talks about downsizing but I don't see us moving any time soon.