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re: There are more homebuyers over 70 than under 35

Posted on 8/15/25 at 1:07 pm to
Posted by OMLandshark
Member since Apr 2009
120445 posts
Posted on 8/15/25 at 1:07 pm to

This post was edited on 5/6/26 at 12:23 am
Posted by dat yat
Chef Pass
Member since Jun 2011
4970 posts
Posted on 8/15/25 at 1:09 pm to
Most milenials I know have a house with a sweet mortgage rate and most boomers I know have a paid off house.

Those with low rates are not trading houses so they can keep that rate. Those with paid off houses trade do what they want, especially if downsizing.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138876 posts
Posted on 8/15/25 at 1:14 pm to
quote:

Boomers being boomers
Boomers being boomers because they're buying houses? Purchasing a home is bad, selfish, greedy?
Posted by OMLandshark
Member since Apr 2009
120445 posts
Posted on 8/15/25 at 1:14 pm to

This post was edited on 5/6/26 at 12:23 am
Posted by LSURussian
Member since Feb 2005
134899 posts
Posted on 8/15/25 at 1:16 pm to
quote:

we should have done exactly what they did and buy a $79,000 house
And when they bought that $79,000 house their household income was $20,000.
Posted by OMLandshark
Member since Apr 2009
120445 posts
Posted on 8/15/25 at 1:16 pm to
(no message)
This post was edited on 5/6/26 at 12:27 am
Posted by OMLandshark
Member since Apr 2009
120445 posts
Posted on 8/15/25 at 1:18 pm to
(no message)
This post was edited on 5/6/26 at 12:21 am
Posted by NIH
Member since Aug 2008
122845 posts
Posted on 8/15/25 at 1:19 pm to
I tell my kids to go up to the realtor with a firm handshake and good appearance and ask for the best deal they have.
Posted by tigergirl10
Member since Jul 2019
10733 posts
Posted on 8/15/25 at 1:19 pm to
quote:

An entire generation with no prospects for homeownership can only lead to bad things.
They’re gonna inherit it. Most people live off an inheritance and their spouse’s.
Posted by LegendInMyMind
Member since Apr 2019
75125 posts
Posted on 8/15/25 at 1:20 pm to
quote:

OMLandshark

Should have known you'd be in here crying about "boomers" again.
This post was edited on 8/15/25 at 1:21 pm
Posted by Defenseiskey
Houston, TX
Member since Nov 2010
2149 posts
Posted on 8/15/25 at 1:22 pm to
quote:

Boomers are mostly retired. This is the kind of thing Gen x and or millennials can do, but won’t.


Lol, I can tell you've never been to a zoning meeting.
Posted by tigergirl10
Member since Jul 2019
10733 posts
Posted on 8/15/25 at 1:23 pm to
quote:

Our cars were basic,
And a lot more affordable.

Your cheap cost of living and the expensive one of today isn’t exactly young people’s fault.
Posted by Defenseiskey
Houston, TX
Member since Nov 2010
2149 posts
Posted on 8/15/25 at 1:24 pm to
quote:

This is how the overwhelming majority of boomers were raised.



Lol
Posted by OMLandshark
Member since Apr 2009
120445 posts
Posted on 8/15/25 at 1:24 pm to
(no message)
This post was edited on 5/6/26 at 12:22 am
Posted by castorinho
13623 posts
Member since Nov 2010
87488 posts
Posted on 8/15/25 at 1:27 pm to
quote:

Boomers being boomers

What else is new?
one of the guys at work was targeting this year or next to retire. Dude sold his low interest rate home for a 7%er. And now he's pushed his target a few years down the road because of it. And he comes to vent to me and I'm just thinking why in the frick would you do that. Just really dumb shite.
Posted by GoCrazyAuburn
Member since Feb 2010
41055 posts
Posted on 8/15/25 at 1:29 pm to
quote:

And when they bought that $79,000 house their household income was $20,000


I think most would gladly welcome those ratios today.
Posted by Sun God
Member since Jul 2009
51928 posts
Posted on 8/15/25 at 1:31 pm to
“Oh no!”

- Keith, 57, inherited his parents house
Posted by Bistineaubengal
Member since Aug 2008
841 posts
Posted on 8/15/25 at 1:31 pm to
quote:

Oh no!


Hi grandpa.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
71094 posts
Posted on 8/15/25 at 1:34 pm to
quote:

You are easily gonna lose this argument


I bet I won't since I was making fun of boomers like Roger and not arguing anything.
Posted by LSUScores
Member since Oct 2015
1469 posts
Posted on 8/15/25 at 1:34 pm to
Home buyers today would gladly pay 4x household income on a house?
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