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A new report from real estate search engine Zillow found that 7.7 percent of Cambridge households earning $350,000 or more annually are headed by someone at least 55 years old. That means that the People?s Republic has the second-highest concentration of affluent baby boomers in the U.S., behind only the Washington, D.C., suburb of Arlington, Va.
Paying high rent and making student loan payments can make saving for a home seem nearly impossible. For some, it may well be. However, for most it’s a matter of buckling down and setting aside money rather than spend it. The biggest obstacle for most young homebuyers to overcome is the down payment. Here, we give you the run down on what it is, how to prepare for it, and where to find the extra cash.
These neighborhoods have the youngest people, the cheapest housing, and the most nightlife.
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