Procrastination Nation

Things that Robert is thinking about that keep him from accomplishing anything.

This page is powered by Blogger. Isn't yours? Counter by Digits.Com

Thursday, June 05, 2003
Great, Now I'll Never Own a House
This article in the New York Times today features a growing trend in the real estate market: parents buying houses/condos for, or in partnership with, their children. As if competing in the real estate market as a single person isn't tough enough against double-income couples, now the double-income couples are calling in their wealthy parents to drive up the prices. Now, it's one income against at least 3 and possibly 4 incomes. It is my sincere hope that the entire residential real estate market--except for my mother's home, as she is about 4 years from cashing out--goes right in the crapper!

Comments: Post a Comment