Homeownership (was What did the Anti-War Movement Lead To?)
JRSHEV01 at ulkyvm.louisville.edu
JRSHEV01 at ulkyvm.louisville.edu
Thu May 14 05:38:12 PDT 1998
That young people are living doubled, tripled or quadrupled up is not only
true of "the San Francisco Bay area, admittedly a high rent area," it is
also true of Lousiville, Kentucky, a not-so-high rent area. Also, the "young"
people that I know are not undergrads and others who have just left their
parents' homes, but college graduates (and others of similar age, 25-30 years)
who hold jobs, sometimes two, and still don't have the financial means to rent
their own apartments, much less buy a house. Of course, these 'youngsters' are
children of working class parents who, when they borrowed thousands of dollars
to attend college, knew that they were assured a part in the middle-class upon
graduation; but, after repaying the loans and seeing to other basic expenses,
improvement in their economic status, in relation to that of their parents,
seems unlikely or at least part of a distant future. Sue.
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