Quote:
Originally Posted by Realtor 1
Not to argue the point but more so inquire,
how are kids with no savings buying when they still need to save for the down payment and other costs involved in home ownership?
It also seems to be more common to get a mortgage through ones parents.
I do understand the point BMO is making but also feel that the younger generation has been very lucky to see this crash as it taught many many life lessons.
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I don't think that this crash has taught 20-30 year old people a damn thing. Everyone I know is still using credit like a free pass.