Baby boomers are snatching houses out of the hands of millennials
Baby boomers and millennials are in a housing war. A Zillow report lays out how boomers are winning, and …
Baby boomers are snatching houses out of the hands of millennials
Discussion in 'Other News' started by Chinatown, Oct 16, 2021.
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A way around that is to buy "pre-construction" through a builder.
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millennials be like....
![[IMG]](proxy.php?image=https%3A%2F%2Fthumbs.gfycat.com%2FUnrealisticFilthyBullfrog-size_restricted.gif&hash=907de2c8f57e5c8809e23ed36b80eec9)
boomers be like....
black_dog106, Wasted Thyme, Last Call and 4 others Thank this. -
No, these days its "Investment Funds" snapping up residential homes and developments as fast as they can, dress them up cheap, jack the rent bigtime, to get their big bonuses for the investment returns they're gonna get.
Turning home ownership into rentals with 3 or 4 or 5 tenants so they can make that big rent, each with a vehicle or two, and parking for 2.
Who's outbidding you by tens of thousands of dollars for that home of your dreams? A hedge fundLast edited: Oct 17, 2021
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regarding the parking..
this is true in many old cities, like mine. many houses were built in the early/late 1800's like mine, and you'd be lucky to even have a backyard, let alone parking.
here, my city charges you $100 a year for street parking.
of course, side swipes, hit and runs, break-ins are also a part of that scenario.....LoboSolo Thanks this. -
In even newer cities, houses were built with a 1 or 2 car garage, and the idea the street would be clear at night for things like garbage trucks and snow plows. Now, even nice areas look like heck with the streets lined with parked cars at night.
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1 word ...GOOD ...
F the Millennials.. bunch of spoon feed lazy cry babiesShort Fuse EOD, black_dog106 and D.Tibbitt Thank this. -
Yeah cuz some of us are out here working just as hard as everyone else
JoeyJunk Thanks this. -
And you should be proud of the fact you are in the elite few that are .. the other 90% are still living in their mom's basement playing video games .. waiting on their weekly allowance because mommy won't let go.. and that's my generation's fault .. I'll be the 1st to admit thatJoeyJunk, Short Fuse EOD and D.Tibbitt Thank this.
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But you are right tho. I ashamed sometimes to grow up in this generation. Alot of people my age are just pathetic I dont even wanna know what society is gonna be like 30 years from now. Thats if we havent self combusted by then
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