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Any finance gurus here?
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Quote:It's popular in other countries to live with parents until married. I just enjoy the living in your mom's basement jokes. When I was 13 I moved to the basement and finally moved out when I enlisted. Other countries have much stricter loan requirements (e.g. minimum of 40% down on a house). We were looking to invest in a beachfront condo in Puerto Vallarta Mexico and the complex was going to take 2-years to build. The owner required monthly payments (amortized equally for 24 month) that would total 100% of the cost of the condo. These types of restrictions force multiple generations of a family to live together for lengthy periods of time. |
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The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show less advertisements to registered users, so create your account to benefit from this!
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
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Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.