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Posted 10 months ago

Harping on Student Loan Repayment again

I feel I must continue to beat the drum on this one.

Check out this article.

https://www.newsbreak.com/news...

If/When student loans kick back in, that will pull $18 BILLION out of the economy a month.

The sad part is that during covid when people were stuck home not able to buy anything, and saved $ not driving or using their cars, they did not pay down their debt.

Actually these same borrowers increased their debt on other things.

I do see this reducing the number of Buyers in the market, and having downward pressure on rents.



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