Many homeowners are having a hard time keeping up with their mortgage payments as home prices sit at record highs, forcing homebuyers to take out larger loans. In May, mortgage delinquency rates grew faster than any other debt type.
Eventually buying homes here in the USA is going to be a thing of the past. Everyone will merely be a renter. But capitalism isn’t the problem if you ask the majority of Americans. Even the ones who will agree will say “we should be more like Denmark!”
Eventually buying homes here in the USA is going to be a thing of the past. Everyone will merely be a renter. But capitalism isn’t the problem if you ask the majority of Americans. Even the ones who will agree will say “we should be more like Denmark!”