Did you read your own linked article - all the way to the end? And you still
think the inflated prices of houses is a good thing? You really believe
everyone is living happily ever after here?

Your wife may be making a killing with her 6% or 7% cut, goodie for you!
But I wouldn't want to be the 25 year old newly wed trying to scrape
together 20% of $500K for a down payment.
Scout


"Dave" wrote in message
news
On Sat, 12 Mar 2005 08:21:54 GMT, "Scout" said:

What it means is young people must wait for their parents to die to get
their first home.

More nonsense. Simple fact is that the percentage of Americans owning
their
own homes continues to steadily increase. This is an area I know something
about as my wife is a real estate broker. The average age of first time
buyers also continues to decline.

Where are you getting these "facts"?