Baby Boomers Are Buying Up All The Houses
Baby Boomers Are Buying Up All The Houses
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Banks, private equity, and hedgefunds are buying all the houses its not just the baby boomers.
Property is a great hedge against the us dollar!
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And then go buy their cheap 55+ only housing to live in while they collect rent
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That shit should be fucking illegal.
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Remember in the US it is perfectly legal to discriminate to those under the age of 40.
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This is how you get younger generations hoping an entire generation just dies already.
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I've been that way for awhile.
Society doesn't really change until older generations die. They're incapable of admitting when they're wrong, so it's up to nature to take them out of the discussion.
I thank god death is built-in to life for this reason.
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It's even worse with boomers, too. The most entitled generation to plunder this planet. They'll die out right as the consequences for their greed starts to affect us all.
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It's not the baby boomers. It's the fascists and it will get a LOT worse as they are buying up areas least affected by climate change. As land value increases even baby boomers will lose their land because they can't afford the real estate taxes and costs of living in prime areas. Ultimately, only the rich will enjoy owning property.
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My mom is pre-boomer and we're Gen-X. We have a house (bought in 2008 when you could still get a low rate fixed APR mortgage), but it's a small house four three people in a town where we don't want to live. We will have to wait until she dies and we inherit her money and sell her house before we can move. I hate that I have to wait for my mother to die to live a better life.
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did this magazine get renamed "olds"?