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"... is an empty nester living alone in a four-bedroom Colonial in Shrewsbury. “I want to downsize but it doesn’t make economic sense,” he said." it sucks for
by zaptheimpaler 4y ago
"... is an empty nester living alone in a four-bedroom Colonial in Shrewsbury. “I want to downsize but it doesn’t make economic sense,” he said."
it sucks for the owners who expected their houses to maintain/grow value forever. but any investment that can go up 10-20x in value can also go down just as much as anyone holding stocks recently knows.. we have just shielded housing from that for decades for some reason.
but this is what affordable housing means. prices have to come down..