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Doesn’t rent need to keep going up so the top-heavy segment of retirees can have a steady stream of inflation adjusted income and capital gains for their remain
by jameslk 1y ago
Doesn’t rent need to keep going up so the top-heavy segment of retirees can have a steady stream of inflation adjusted income and capital gains for their remaining years? This doesn’t seem sustainable, politically
- jldugger 1y agoWell, if they own their home and have a diversified portfolio, then they should be able to weather a small hit to income. If they rent, well, this directly helps their budget.
- DaveZale 1y agotaxes and insurance are both much steeper than just a few years ago. Gov. Polis has forced lifting limits on occupancy to override local restrictions. It's just getting more crowded.
- JumpCrisscross 1y ago> Doesn’t rent need to keep going up so the top-heavy segment of retirees can have a steady stream of inflation adjusted income No. Maybe 10% of retirees earn rental income [1]. > and capital gains for their remaining years? The value of the home should be plenty to live off, whether by sale or borrowing. [1] https://bradleyclark.com/blog/generating-retirement-income-with-real-estate-investing https://bradleyclark.com/blog/generating-retirement-income-w...
- pphysch 1y agoDoesn't seem sustainable civilizationally, either, if the young and poor are propping up the old and rich, rather than older generations nurturing the youth.
- ch4s3 1y agoResidential real estate is very rarely a large component of people’s retirement savings or income in the US, and equities historically outperform real estate.