bot@lemmy.smeargle.fansMB to Hacker News@lemmy.smeargle.fans · 1 year agoBaby boomers are becoming homeless at a rate not seen since the Great Depressionmoneywise.comexternal-linkmessage-square10fedilinkarrow-up146arrow-down12file-textcross-posted to: [email protected][email protected][email protected]
arrow-up144arrow-down1external-linkBaby boomers are becoming homeless at a rate not seen since the Great Depressionmoneywise.combot@lemmy.smeargle.fansMB to Hacker News@lemmy.smeargle.fans · 1 year agomessage-square10fedilinkfile-textcross-posted to: [email protected][email protected][email protected]
minus-squareRapidcreek@reddthat.comlinkfedilinkarrow-up1arrow-down6·1 year agoMost real estate conglomerates are run by 30-40 year old MBAs looking for return on investments so they can get a big bonus. They set the market. They are not boomers.
minus-squareSkyrmir@lemmy.worldlinkfedilinkarrow-up16·1 year agoThose kids are playing in the market the Boomers created and set the rules for, before they were ever born.
minus-squareRapidcreek@reddthat.comlinkfedilinkarrow-up2arrow-down9·1 year agoThose rules were set before the Boomers were born too.
minus-squaregravitas_deficiencylinkfedilinkarrow-up6·1 year agoThat’s categorically untrue. The rules have been semi-fluid and evolving since the real estate market became a thing.
minus-squareRapidcreek@reddthat.comlinkfedilinkarrow-up1arrow-down3·1 year agoThe real estate market became a ‘thing’ with John Jacob Astor in the 1830s. And yes investment rules change.
Most real estate conglomerates are run by 30-40 year old MBAs looking for return on investments so they can get a big bonus. They set the market. They are not boomers.
Those kids are playing in the market the Boomers created and set the rules for, before they were ever born.
Those rules were set before the Boomers were born too.
That’s categorically untrue. The rules have been semi-fluid and evolving since the real estate market became a thing.
The real estate market became a ‘thing’ with John Jacob Astor in the 1830s. And yes investment rules change.