Luc M

Endangered weasel once thought to be extinct is spotted in South Dakota's Badlands National Park trib.al/7EWTXch

MY FATHER IS 63 AND JUST TOOK HIS HOUSE OFF THE MARKET BECAUSE NOBODY CAME. Not a single walkthrough in five months. He wasn't flipping it. He bought that place back in 1996, raised four kids inside it, and needs to downsize because his hip is shot and maintaining a two-story yard is impossible now. Zillow just released data showing why nobody showed up. 840,000 active buyers nationwide. Lowest number in over a decade. 1.38 million sellers. Over half a million more people trying to get out than get in. Here's what killed it. Run a $450,000 mortgage at 7.2%. Pay every single month for five straight years, never miss a deadline, and you'll still owe roughly $425,000. Five years of hard labor. Twenty five grand of principal paid off. That's not buying a home. That's renting capital from a bank while paying property taxes for the privilege. So my father sits in a home he can't sell, can't maintain, and can't afford to leave. And the young buyers who want it can't afford the interest. THE SYSTEM IS BROKEN. ONE GENERATION CAN'T BUY IN AND ANOTHER CAN'T ESCAPE. Nobody is coming to save it.