Tuesday, May 17, 2011

For the first time in most of our lifetimes, the key element to achieving the American Dream—owning

Is renting the new American Dream?

When someone wants to know if you’ll pay $385,000 for a one-bedroom unit that’s built as an apartment when new homes are selling for a median price of less than $300,000, what are they smoking? On a loan of that amount, the monthly payment would have surpassed $2,500 before association fees and taxes.

Posted by mark @ 05:26 PM (1307 views)
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2 thoughts on “For the first time in most of our lifetimes, the key element to achieving the American Dream—owning

  • Yes, taxpayers money keeps popping up, or is that propping up.

    I still think companies should cough up with their own investment money.

    I thought that’s why we have a stock market, that’s obviously not big enough or ‘safe’ enough.

    What is.

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