Home mortgage payments and rents through the roof

 Breitbart:

CNN: As Rent Inflation Remains Sticky, Rising Mortgages Fueling ‘Worst Affordability Crisis’ in Housing in 40 Years

The big difference 40 years ago is that home prices were not nearly as high, to begin with, so the increased mortgage payments were not the deal killer that they are now.  I was fortunate enough to make some good investments in real estate and now own my home with no mortgage payment.  It is like getting a tax-free raise in pay. 

See, also:

Real Estate Agents Say: Buy Property in These 5 States To Be Rich in 5 Years

Texas is at the top of the list. 

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