I lean more to the European theory, a day will come when it takes a family 75-100 years to payoff a piece of property, mutli-generation homes will become normal, and people will have to put major reinvestment into their family property every 25-30 year.
Its probably going to take a big change in the way our banking system views lending.
Really it is too bad for all of us that were teenagers in '99, because not having the chance to buy property before then put us way behind where we could have been.
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