According to data from the National Association of Realtors (NAR), cited by the Washington Post, 23% of first-time homebuyers opt to stay with family and friends before purchasing their first home. Yahoo Finance’s Josh Schafer and Brooke DiPalma discuss the data, along with the state of the housing market and mortgage rates on January 2, 2024.
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Sad times when grown adults have to move back home just to afford an house
But what if you didnt like the town you grew up in? Is living on your own or with roommates now a luxury?
Tactical strategy?! Lol more like the current administration has dropped a tactical nuke on our economy..
Nope, move forward not backwards.
Yes, move in with your parents to then pay way more than you should for record high “valuations”.