Relevant:
- Young Professionals With Student Loan Debt - Priced Out Of The Market
- Modified mortgages re-enter shadow inventory -- By next month the housing crisis will have cost 5,000,000 Americans their homes via foreclosures. Distressed inventory still above 5,000,000.
- Lords of the shadow inventory -- over 3 million homes locked away in shadow inventory near peak levels. Prices must fall to prevent massive drawn out drag to economy.
- The kids are not looking for more debt -- 40 percent have delayed making a major purchase in a home or car because of student debt
- Shadow inventory projections for 2013 -- Modified loans re-default and new foreclosures. The overall household formation equation.
2010-09-14 — blogspot.com
``Moreover, student debt contributes to the problem of unloading a massive inventory of homes and a massive shadow inventory of homes on top of that. Many students are so deep in debt and without a job that not only have they delayed marriage, they have moved back home and are not even renting apartments.''
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