If you're in your 20s now, your parents were buying McMansions on ARM or balloon loans, and probably lost them in the housing crash of 2008. Their parents were the ones buying houses with no fear, even at 15% interest.
If you're in your 20s now, your parents were buying McMansions on ARM or balloon loans, and probably lost them in the housing crash of 2008. Their parents were the ones buying houses with no fear, even at 15% interest.
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