3 ms·
> Alpha will be fine--they'll benefit from boomers unwinding their real estate to pay for senior care. Huh? I assume a few private equity executives who own va
by silverquiet 3y ago
> Alpha will be fine--they'll benefit from boomers unwinding their real estate to pay for senior care.
Huh? I assume a few private equity executives who own vast, national senior care businesses will benefit the most from the passing of the Boomers, followed by Millennial children of Boomers who die with assets (and despite Boomers being the wealthiest generation ever, there's plenty of inequality there as well) and without being drained by the medical industrial complex first.
If watching my grandparents go taught me anything, it's that all deaths suck, but the quick heart attack really rips the bandaid off so to speak.
- JumpCrisscross 3y ago> assume a few private equity executives who own vast, national senior care businesses will benefit the most from the passing of the Boomers Sure. But the Boomers will pay them by selling their homes.
- silverquiet 3y agoAnd who do you imagine will buy these homes? Alphas struggling to save a down payment, or investment firms looking for more real estate to add to their portfolios?
- JumpCrisscross 3y ago> who do you imagine will buy these homes? Alphas struggling to save a down payment, or investment firms looking for more real estate to add to their portfolios? Where do you think the investment firms get their money? Pensions. Pensions are the principal institutional investor's source of capital. As Boomers retire, pensions wind down. We're already starting to see them dump private equity [1]. [1] https://www.ipe.com/pension-funds-expected-to-become-largest-sellers-on-private-equity-secondary-market-in-h2/10061708.article https://www.ipe.com/pension-funds-expected-to-become-largest...