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The traditional real estate market has exploded over the last decade with property costs surging magnificently higher. The major barrier to entry in owning a home, or any other real estate for that sake, has been the massive down-payment costs.
This has crushed the aspirations and dreams of millennials to buy homes early in their life. As a result, many have considered pushing their plans in the future.
However, the same problem even persists among the "baby-boomer" generation. The highly inflated prices of real estate are way beyond the savings done by baby-boomers to buy a dream house of their own and retire at peace.