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re: Great YT video "How the US Is Destroying Young People’s Future"
Posted on 5/6/24 at 4:28 am to tiggerthetooth
Posted on 5/6/24 at 4:28 am to tiggerthetooth
quote:
Because boomers own all of these properties and are trying to sell at a premium.
Most "boomers" are in their 70s. When they start passing, there will be a market glut and prices will fall again.
3
Posted on 5/6/24 at 5:04 am to Lonnie Utah
quote:
Most "boomers" are in their 70s. When they start passing, there will be a market glut and prices will fall again.
Yep. And I'm sure I'll end up losing my arse in property value when that happens.
Posted on 5/6/24 at 7:07 am to Lonnie Utah
quote:
When they start passing, there will be a market glut and prices will fall again.
You know what comes with that? A crashed economy and less income.
Posted on 5/6/24 at 2:22 pm to Lonnie Utah
quote:THIS! Boomers are the largest generation (or were up until just a few years ago). These are the generation that was common to be one of 5-6 siblings. Lot's of houses will hit the market in the next 10 years considering the youngest boomers will be in their 80's then.
Most "boomers" are in their 70s. When they start passing, there will be a market glut and prices will fall again.
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