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<p>[QUOTE="Blissskr, post: 2353192, member: 34882"]Mostly because the old notion that American life is getting married, buying a house and having kids is gone. In fact the housing market is probably going to bottom out hard again with the next 15-25 years. The notion that people are going to downsize is also becoming outdated, when the boomers want to downsize or begin dying off there's simply not enough buyers among the generations after them that can even afford to take on a housing payment let alone get approved to do so to buy up those houses.</p><p><br /></p><p>It's also all influenced by the absolute ticking time bomb that is student loan debt. Anyone whose been in school anytime between the great recession and now has probably got a look at that first hand among your fellow students, I know I have. It's the same approve anyone regardless of not only future ability to repay, but also ability to even be in school. A literal almost carbon copy of what was used for housing that caused that entire mess, but what could go wrong this time? Yet instead of banks it's the government who made themselves and the taxpayers the primary first line credit lender of aid doling out the money. Just for a laugh even if you don't intend to go to school contact a local or online college feigning interest and watch how doggedly they will pursue getting you enrolled. A warm body with a pulse is all pretty much literally all they need to accept, enroll and approve someone for government student loans now a days.[/QUOTE]</p><p><br /></p>
[QUOTE="Blissskr, post: 2353192, member: 34882"]Mostly because the old notion that American life is getting married, buying a house and having kids is gone. In fact the housing market is probably going to bottom out hard again with the next 15-25 years. The notion that people are going to downsize is also becoming outdated, when the boomers want to downsize or begin dying off there's simply not enough buyers among the generations after them that can even afford to take on a housing payment let alone get approved to do so to buy up those houses. It's also all influenced by the absolute ticking time bomb that is student loan debt. Anyone whose been in school anytime between the great recession and now has probably got a look at that first hand among your fellow students, I know I have. It's the same approve anyone regardless of not only future ability to repay, but also ability to even be in school. A literal almost carbon copy of what was used for housing that caused that entire mess, but what could go wrong this time? Yet instead of banks it's the government who made themselves and the taxpayers the primary first line credit lender of aid doling out the money. Just for a laugh even if you don't intend to go to school contact a local or online college feigning interest and watch how doggedly they will pursue getting you enrolled. A warm body with a pulse is all pretty much literally all they need to accept, enroll and approve someone for government student loans now a days.[/QUOTE]
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