Why Mexican real estate will not boom again

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Encanto

Guest
jerry said:
http://www.theatlantic.com/magazine/archive/2016/05/my-secret-shame/476415/ because the American middle-class has been screwed and we have no money anymore....great read
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A really good article, thanks for the link Jerry.

The Author avoided college tuition loans.

The Parents Plus Loan program in the future will be front page news. The incredible increase in the cost of College tuition is being funded by parents taking on loans.

You just click a button at the bottom of the FAFSA computer screen and the school of choice gets a big check. The parent gets a big note due upon graduation or dropout. The default rates are going to be huge.
 
jerry

jerry

Guest
A general strike by people with these loans is happening organically....people just can't pay on the wages they make.......A Intel guy that was going to have me manage his build was laid off last week....there went the beach house...sorry for him but didn't want to do it anyways..
 
dirtsurfer

dirtsurfer

Guest
Encanto said:
A really good article, thanks for the link Jerry.

The Author avoided college tuition loans.

The Parents Plus Loan program in the future will be front page news. The incredible increase in the cost of College tuition is being funded by parents taking on loans.

You just click a button at the bottom of the FAFSA computer screen and the school of choice gets a big check. The parent gets a big note due upon graduation or dropout. The default rates are going to be huge.
Click to expand...
Ity's the same thing that happened to the real estate market-quick money fuels ever increasing prices. It DOES take willing participants.
 
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