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Started By
Message
re: There are more homebuyers over 70 than under 35
Posted on 8/15/25 at 11:56 am to 50_Tiger
Posted on 8/15/25 at 11:56 am to 50_Tiger
quote:
The would require Boomers to relinquish control of the Voting Party. Instead they pick winners and losers.
Yep. Our government is run (outside of very few exceptions) by 60-90 year olds.
0
Posted on 8/15/25 at 11:56 am to 50_Tiger
quote:
The would require Boomers to relinquish control of the Voting Party. Instead they pick winners and losers.
As of 2022 boomers comprised of 30% of the voting bloc. Gen x and millennials and Gen z outnumber boomers quite a bit.
Posted on 8/15/25 at 11:56 am to TigersHuskers
The Boomers who paid 10% interest on a home that costs less than a Toyota Camry does nowadays won't like this, but mortgage interest rates are way too high given the price of homes
This post was edited on 8/15/25 at 11:57 am
Posted on 8/15/25 at 11:56 am to Lawyered
quote:
That house they bought for $20,000 in 1960 is now worth $800,000
They sell it and now have a windfall of cash to buy a new house with
People moving from the north to the south have gotten to experience that exact thing for many many many years.
Posted on 8/15/25 at 11:56 am to Lawyered
quote:
They sell it and now have a windfall of cash to buy a new house with
OK? Is the new house going to be any cheaper than the house they just sold?
Posted on 8/15/25 at 11:56 am to TigersHuskers
Why can't gen Zers just build a house with their bare hands on some uninhabited land like all the boomers did?
Posted on 8/15/25 at 11:57 am to TigersHuskers
The good news is, in 10 years there will be a flood of houses on the market.
Posted on 8/15/25 at 11:57 am to TigersHuskers
They may be downsizing. Their current home should be going on the market.
Posted on 8/15/25 at 11:58 am to Mushroom1968
quote:
As of 2022 boomers comprised of 30% of the voting bloc. Gen x and millennials and Gen z outnumber boomers quite a bit.
The RNC chooses who it funds. Just from a funding position, Boomers control optically who is put in front of the voting bloc. Otherwise, you would see so much more young candidates (whom Gen Z and Alpha are really REALLY primed for) put in front of everyone. Instead its Bubba old CEO friend from Pharma company XYZ.
Posted on 8/15/25 at 11:59 am to GRTiger
quote:
like all the boomers did?
All boomers are not created equal. The boomers in my family started with nothing and worked their way into middle class. Millennials today start in middle class and whine about not being in the top 10%.
Posted on 8/15/25 at 11:59 am to YouKnowImRight
quote:
All boomers are not created equal. The boomers in my family started with nothing and worked their way into middle class. Millennials today start in middle class and whine about not being in the top 10%.
Totally bro
Posted on 8/15/25 at 11:59 am to sorantable
quote:
just another feature of late-stage capitalism.
God I hate that term
quote:
I don’t know how you fix it
It will inevitably swing back the other way. I mean eventually if people aren't buying houses, there will be a point where there is a huge boom in available hosues as people die. Now, does that fix the problem in any quick fashion? Absolutely not. I've already started to see homes here having some pretty big price decreases shortly after going on the market.
I think one thing that can help is getting government out of the way some when it comes to being able to build new homes.
Posted on 8/15/25 at 12:01 pm to sorantable
quote:
I’ve read that this is just another feature of late-stage capitalism.
It’s called Black Rock/ Vanguard / State Street buying residential real estate in massive quantities over the last 5 years driving home prices up.
Posted on 8/15/25 at 12:02 pm to GRTiger
quote:
Why can't gen Zers just build a house with their bare hands on some uninhabited land like all the boomers did?
because adjusted for inflation, it costs around 40% to 400% more to build a house yourself than it did in the 1970s while boomers had 2.5 to 3 times more buying power compared to today, per every dollar
You are easily gonna lose this argument
This post was edited on 8/15/25 at 12:05 pm
Posted on 8/15/25 at 12:02 pm to YouKnowImRight
quote:
All boomers are not created equal.
According to this board all boomers were raised in wealthy families and even though most of our country’s bad policies happened when most boomers were in elementary school it’s all their fault.
Posted on 8/15/25 at 12:02 pm to theunknownknight
You'll never make it, matter what we look in the mirror and say.
You blame everyone else for your poor choices and lack of success.
You're the one who needs to do some self-examination, but we know tha won't happen.
And, "bandy"? Are you 80?
You blame everyone else for your poor choices and lack of success.
You're the one who needs to do some self-examination, but we know tha won't happen.
And, "bandy"? Are you 80?
Posted on 8/15/25 at 12:03 pm to N2cars
I'm gen x. i’m sitting on the outside, looking in, and calling bullshite, bullshite.
Exhibit a, your post.
Exhibit a, your post.
This post was edited on 8/15/25 at 12:04 pm
Posted on 8/15/25 at 12:04 pm to Tammany Tom
quote:
It’s called Black Rock/ Vanguard / State Street buying residential real estate in massive quantities over the last 5 years driving home prices up.
This should have never been a thing.
The "American Dream" was a belief a lot of folks had because it was actually obtainable by modest means. You might not have had the best house, but you had a decent one, in a decent neighborhood.
We have made housing a tradable commodity and now you have a bunch of young people who don't believe the American Dream exists. Not a good place to be in.
Posted on 8/15/25 at 12:07 pm to Crowknowsbest
quote:
Right now we’re running headlong into a situation where most people have no skin in the capitalist system.
I agree to a point with this. Capitalism is great but keeping your younger generations away from the American dream of owning homes and starting families at a young age seems to be a thing of the past.
Posted on 8/15/25 at 12:08 pm to theunknownknight
Congrats.
At least go learn about gifting, trusts,and exemptions.
At least go learn about gifting, trusts,and exemptions.
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