Re:Another 1.3M Americans File for Unemployment
by kevin_thibedeau on Thursday July 16, 2020 @01:33PM
(#23861410)
Purchasing homes in low CoL areas is much easier.
Re:Another 1.3M Americans File for Unemployment
by mjayhn on Thursday July 16, 2020 @02:09PM
(#23861896)
I started my career in 2008. Millennials had to go where the jobs where, and they weren't in low COL areas. Hopefully covid opens up the market for far more remote work. I'm remote now, finally, but in a high COL area, which feels especially dumb now that I'm locked inside.
Sixty-eight percent of adults 70 and older are mortgage-free, while 15.9% of Millennials are free and clear of mortgage payments.
I'm in my mid-30s and I hardly have any friends that own houses and if they do they're tech workers with decades left on their loans.