2025
#41
Gets Weekends Off
Joined APC: Sep 2016
Posts: 6,716
you doing okay, bud?
#42
Gets Weekends Off
Joined APC: Oct 2020
Posts: 560
Politics and politicians don’t matter. Never have.
Business runs the world.
94 million millennials are entering their first prime spending years. That’s why housing is off the charts.
Remember the stick market in the 1990s? Up and up and up and up.
Its just math. Just demographics.
94 million millennials are inheriting $76 trillion. The largest wealth transfer in the history of the world.
Relax and enjoy the ride.
In 2023 we will enjoy $100,000 plus profit sharing checks. As oil collapses and our economy explodes.
Business runs the world.
94 million millennials are entering their first prime spending years. That’s why housing is off the charts.
Remember the stick market in the 1990s? Up and up and up and up.
Its just math. Just demographics.
94 million millennials are inheriting $76 trillion. The largest wealth transfer in the history of the world.
Relax and enjoy the ride.
In 2023 we will enjoy $100,000 plus profit sharing checks. As oil collapses and our economy explodes.
Source: I closed 7 mortgages last month. 5 were easy and younger people, two were late 40s/early 50s people that were leveraged to the hill. Also numerous articles on millennial spending, saving, and purchases.
#43
I’d love to know where you come up with your facts and figures. Especially when it comes to millennials and home ownership. That generation (which I’m technically at the front of) is savvy. The things they are buying are not starter homes or mansions, but they’re buying the middle of the road stuff that they could live in forever if they have to. Most are financially stable, and a sizable down payment.
Source: I closed 7 mortgages last month. 5 were easy and younger people, two were late 40s/early 50s people that were leveraged to the hill. Also numerous articles on millennial spending, saving, and purchases.
Source: I closed 7 mortgages last month. 5 were easy and younger people, two were late 40s/early 50s people that were leveraged to the hill. Also numerous articles on millennial spending, saving, and purchases.
Genuinely curious. 20% was the standard pre 2005 or so, but I understand the requirement is much, much less now.
#44
Gets Weekends Off
Joined APC: Dec 2014
Posts: 133
#45
Gets Weekends Off
Joined APC: Oct 2020
Posts: 560
20% no PMI (or 80% LTV I should say). I have yet to do a loan for a millennial who paid PMI. I’ve seen them tap a 401k loan and pay themselves back. Take the $10,000 first time homebuyer out of a Roth. The generational differences financially are pretty fun to see.
#46
Gets Weekends Off
Joined APC: Apr 2018
Posts: 2,934
Us millennials have seen our parents and their friends lose everything (jobs, pensions, houses underwater) and refuse to let the same thing happen to us.. so we are extra cautious. Maybe unnecessarily so.
#47
Gets Weekends Off
Joined APC: Dec 2017
Posts: 2,767
I build my budget around the small check, i just dont trust the industry.
#48
#49
That gives me some faith in youts.
#50
Gets Weekends Off
Joined APC: Dec 2014
Posts: 133
I can not wear my mask pretty much everywhere and still keep my job. I wear it where I'm required to, and that's all. Similar to the shoulder harnesses in the jet. On for the minimum required amount of time, and then off.
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