For first time since 1880s, more young Americans live with parents than partner

Re:For first time since 1880s, more young Americans live wit... by CPLX on Tuesday May 24, 2016 @07:05PM (#11766302)

For most people middle class and higher it lowers the effective interest rate by a third or more. That's a much lower interest rate and changes the math a lot.

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Re:For first time since 1880s, more young Americans live wit... by marssaxman on Tuesday May 24, 2016 @07:11PM (#11766335)

Hm. I guess it doesn't matter to me because I bought at a time when the interest rate was practically nothing anyway (my mortgage is at 3.5%). I can see how it would have been a big motivating factor for people in my parents' generation, who are of course the same general class of people who would have been trying to convince me that the mortgage interest deduction was a big deal.

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