The Street

Excerpt:“The debt avoidance not only stems from the20’08 recession and stock market crash, but I believe the real estate crash also impacts the low debt mentality,” said Christina Lindsey Orta, financial planner and vice president at Lindsey & Lindsey in Westlake Village, Calif. “It was normal to observe people owning multiple homes and losing everything. This definitely has impacted their desire to not over-extend and not be mortgage heavy.”  See More

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