Buying a house is incredibly difficult for me. Here's why.
What happens when a young person considering buying a home in one of the many cities across our country that have had skyrocketing home prices? Roadblocks and a loss of hope. Greater Greater Washington shares this story about trying to buy a first home in Washington, D.C.
“For me, taking out a loan to pay such a big down payment makes for a frightening amount of debt. Sure I could try to save up, but savings don’t build quickly when I’m paying these high rents.
What is more, myself and many others are already suffocating from student loan debt. In fact, we are suffering from some of the highest amounts of student debt in history.”