Harping on Student Loan Repayment again
Jun 26, 2023
1 min read
I feel I must continue to beat the drum on this one. Check out this article.
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 money 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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