After the financial crash of 2008 and the end of Lehman Brothers, as well as the rescue of other huge banks and investment companies notably Bank of America it made a lot of people nervous about investing in real estate.
Now, we’re seeing real estate values begin to rise rapidly as well. Of course, part of that rise is simply because there is not much available inventory, but one thing I saw recently was that there is over 1 Trillion Dollars in bad student loans out there. Does that seem possible or even remotely normal to anyone else?
I mean, for people coming of age today, how can you really go about buying a home, saving for retirement and saving for the college funds of your own kids if you are student paying hundreds of dollars per month in student loan debt? Does anyone else see how that adds up?