patrick.net

http://investmentwatchblog.com/real-unemployment-rate-is-59-young-adults-are-too-broke-to-leave-home-u-s-economy-slows-to-stall-speed-j-p-morgan-expects-markets-revenue-to-be-down-about-20-in-q2/

Many young Americans are saddled with mind numbing levels of student debt. Younger Americans are carrying the heavy burden of the $1.2 trillion in student debt outstanding in the United States. At the end of the day, many already have a mini-mortgage before they even go out and house hunt. It should come as no surprise that sales volume is downright anemic in the housing industry because new households are simply not forming as they did in the previous generation.

#housing