4 ms·
We're on the tail end of 50 years of policy to make single family homes into a perpetually growing investment vehicle to finance baby boomer's retirements.
by woah 5y ago
We're on the tail end of 50 years of policy to make single family homes into a perpetually growing investment vehicle to finance baby boomer's retirements.
- deleted 5y ago[deleted]
- hncurious 5y agoI hope you're right, but what signs do you see that it's at the tail end? Home ownership rate is at 65%. They want their home value to keep increasing and I don't see evidence of millennials being any less self interested when the rubber meets the road. https://www.statista.com/statistics/184902/homeownership-rate-in-the-us-since-2003/ https://www.statista.com/statistics/184902/homeownership-rat...
- JohnWhigham 5y agoYup, milliennials are just doing what their parents did. Just shows how egregious boomers have been in fucking up this country with their own greed.