Post B9VbV4onD6wqJDTnVo by Invictus@noauthority.social
(DIR) More posts by Invictus@noauthority.social
(DIR) Post #B9VbV4onD6wqJDTnVo by Invictus@noauthority.social
0 likes, 0 repeats
No, Dave. It's because the median home price is 400k, and that's insane. Most people are going to find it difficult to pay $2000 a month, and they definitely won't be doing it by themselves. This is the same old, "Stop buying lattes" bs.
(DIR) Post #B9VbV53KL4Zf2IHPAO by Invictus@noauthority.social
0 likes, 0 repeats
Magical thinking. Also, they act like we're all just waiting for interest rates to get better... I don't give a damn about interest rates... I'm not just hoarding money until those pesky interest rates come down... Houses are too damn expensive, and boomers think every last 💩📦 is the damn Mona Lisa.
(DIR) Post #B9VbV5JHNlKnplk920 by Invictus@noauthority.social
0 likes, 0 repeats
The boomers literally think we all have the same amount of money as they do, we're just being irresponsible.
(DIR) Post #B9VbV5WkZg6sVY2u1o by Humpleupagus@eveningzoo.club
0 likes, 0 repeats
They also miss the the 1970s was a construction boom and many of the houses they were buying were new. Those houses are now 50+ years old and need significant maintenance.
(DIR) Post #B9VdS9yFnS2nKSdqzY by SirBlackthorne@noauthority.social
1 likes, 0 repeats
@Humpleupagus @Invictus There was a boomer down the street who built a house for about 100k in 2009, sold it for almost 600k. Definitely a different game in that short or time that buying a house in the 70-80s
(DIR) Post #B9ViOuhsaihetGFpT6 by greenzeta@noauthority.social
0 likes, 0 repeats
@SirBlackthorne @Humpleupagus @Invictus My parents bought their house in the 70s for $60k, then sold it 40 years later for half a mil. I've been in my house for half that time and I'm only up a hundred grand.