I have to agree its not just a single generation . I sold my house trailer a couple weeks ago , this afternoon I was taking the last couple boxes of stuff from the garage and sweeping the floor when the new owners showed up . Nice enough people .
The husband mentioned how happy he was that mortgage company let them finance more then the appraised value , it let them roll both their car payments into it and is going to save them money because the interest is only 6.3% vs the 9% they was paying .
I couldn't help myself , I asked how 6.3 over 30 years was cheaper then 9 over 5 years because the math doesn't add up in my head .
I didn't stick around for an answer .