Wells Fargo study finds that 25% of homeowners have No Savings to pay mortgage if laid off! Layoffs maintaining 7 Million annual rate.
Already, 1 in 3 homeowners have family or friends living with them! This is happening faster than I anticipated. The days of the 5 bedroom, 4 bath single family, occupied by one family are gone!
You will see more people renting bedrooms and you will see families pooling resources to buy homes.
The arrival of the New Reality!
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