Posts with tag youth

Generation Y: Dragging Down the Housing Market?

Attention, Generation Y! You're screwing everything up -- again! Apparently, there are relatively few members of Gen Y, those born from 1977 to 1989, who are homeowners -- still. First came the accusations that young adults -- those self-esteem-inflated, coddled slackers -- were a contributing factor to the housing... Continue Reading »

Moishe House Pays Your Rent? Oy, Vey!

How would you like a generous benefactor to pay a portion of your rent? Fortunate groups of 20-something Jews across the country enjoy just that, in a Real World-styled living arrangement. The New York Times reported today on Moishe House, an innovative idea started in 2006 to support young Jews - a model that other... Continue Reading »

College Killing Homeownership Dreams

College graduates who want to buy a home should fear next Saturday, Dec. 12th. That's the day Fannie Mae, the quasi-government mortgage finance company, will demand a few frighteningly new requirements. Ready? First, you'll need a credit score above 640, 40 points more than previous requirements. They will also insist that... Continue Reading »

Youth Say Mortgage Default "No Biggie"

News flash! People under age 30 are ruining the world, so says yet another generation. This time, they turn to the mortgage crisis as proof. The Wall Street Journal notes that youngsters under 30 are less hung up about walking away from an underwater mortgage. That's because "defaults may be more common with the younger... Continue Reading »

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