Gen Y has killed the sales market in San Antonio…

Generation Y – has decided not to buy – they have chosen to move back home (boomerang kids) they have chosen to rack up student debt to ridiculous levels (Sallie Mae)  and can no longer qualify to buy a home.   This has pushed many investors to reconsider the value of rental properties.   For those investors who are tired of the stock market ups and downs real estate in San Antonio is providing a stable and reliable income source.   Many of these Gen Y kiddos are forced into the roomate situations, since they may not qualify on their own.  This is heaven for investors who can charge a surcharge for unrelated roomates and protect against risk by employing co-signers along with double or triple amounts of deposits.

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