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Student loan debt causes a chain reaction in the housing market

• paulddraper 10y ago
  Increased student loans decreases demand for houses. Okay...but doesn't this affect demand in general...cars, boats, houses, cruise tickets, etc.?
  • Analemma_ 10y ago
    Yes, but the health of those markets isn't as central to the health of the economy as the health of the housing market is (maybe cars are, though to a much lesser extent). And to be clear, it's incredibly fucked up that the inability of debt-laden millennials to take on more debt in the form of 30-year mortgages is a threat to the economy, but it is, and policy proposals addressing that fact need to start being made.
    • paulddraper 10y ago
      > central to the health of the economy I've heard this so often. Usually, in the context of some BS excuse to keep prices always rising. All praise real estate prices, the engine beyond true economic growth in the USA.
• deleted 10y ago
  [deleted]