4 ms·
>Probably good half of them are boomers afraid of their super save investment in real estate turning not so hot in the end. It's not just about that; many boom
by ahje 7y ago
>Probably good half of them are boomers afraid of their super save investment in real estate turning not so hot in the end.
It's not just about that; many boomers are justifiably worried about what will happen to them when they grow old and can't take care of themselves. The real-estate investments were probably supposed to fund their own vision of their last years and now they're realising they might be stuck with no money, no family to support them, while sitting in some prime real estate that nobody wants.
In hindsight, I do wonder what the hell my grandparents' generation was thinking back in the day; one would think that they would have realised that women taking part in the work force, legalized abortion and proper distribution of contraceptives would result in lower birth-rates, but no, they had to build a house of cards with nothing to keep it standing except for constant population growth.