75% of Millennials Will Never Own a Home, Subprime Mortgages Disguised, Economic Debt Bubble Expands

In most cities, millennials cannot come up with a down payment to quality for a mortgage due to massive debt and pesky DTI requirements and other underwriting standards, meant to keep risky borrowers out of overpriced homes. Subprime mortgages become near-prime so the dream of 'owning' a home becomes reality.

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