Across the U.S., the student housing market is surging. Also, the so-called student loan bubble that caused some fears about the future of student housing investment does not appear to be affecting.
Student loans and their specific terms are “affecting millions of borrowers. It’s a major issue in America right now.” Americans now owe about $1.5 trillion in student loan debt. a watchdog office.
It’s Official: Student Loan Debt Is Hurting the Economy. The notion that onerous college debt could be affecting the housing market isn’t. But high levels of student debt are keeping.
Student loan debt weighs. standards than before the housing crash of 2008, it’s more difficult than ever for minorities to break into the housing market. That’s likely to contribute to growing.
In the U.S., the amount of student debt has increased by more than 130% over the past 10 years. Statistics show that students in the U.S. have accumulated $1.6 trillion in loan debt. This high level of student debt has been blamed for the lack of a normal housing market cycle for the country.
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In addition, it is unclear how long global capital from China, the Middle East and Europe will find the U.S. an attractive investment. energy markets are also unstable.
The Student Debt Crisis and Its Effect on Real Estate. These young people are already wasting years of hard earned income to pay off their debts. The student loan debt has reached astronomical figures after reaching $1.3 trillion; second only to mortgage debts throughout the country. This raises a lot of concerns for the its effect on real estate.
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There’s no sign of a slowdown for the U.S. economy. loan rates are still very low, but nobody knows how the tax-reform legislation that may be passed and signed into law by President Trump as early.
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"A refinanced student loan will appear as new debt on a credit report and could have a negative impact on the buyer’s credit score in the short-term," said Ken Pederson of Fairway Mortgage in Lancaster, Pennsylvania. "Lower credit scores can impact interest rates on their mortgage,