Van Posted May 17, 2011 Report Share Posted May 17, 2011 I heard an interesting statistical fact quoted the other day: "Two thirds of the people who lived to be 65 or over in the history of the world are still alive today." Due to advances in medicine and living conditions, people are living longer, and having a longer working life. A 21 year old entering the workforce today may expect to work at least 45 years- considerably longer than their parents generation would have expected to work for. This is a good argument that houses (and mortgages) should adjust to a higher multiple of income that we have been historically used to. Agree or disagree? Link to comment Share on other sites More sharing options...
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