“There’s this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.
“There’s this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.
As much as you complain about the boomers, the current generation(s) are the ones you need to pay attention when it comes to who’s caused the house shortage because of unchecked capitalism. There’s more than enough houses that should house everyone for cheap.
You cannot blame boomers for the smouldering wreck that Airbnb left behind. That was the work of a millennial. Take some responsibility for yourselves and your own actions that have attributed to the current state of society that you live in.
My guy, air bnb didn’t cause the shortage or even significantly make it worse. It’s the mega corps that literally own hundreds of thousands of homes across the US and just rent them out. I’m not even upset at boomers who own 3 or 4 rental properties and I work with a lot of them. It’s always mega corps fucking it up for the rest of us.
Megacorps aren’t in general ‘boomers’
mega corps span all the recent generations.
And fuck off with this ‘my guy’ bullshit you sexist, condescending git.
Housing was wildly expensive and rising incredibly fast before Airbnb was invented (company started in 2008, which you might recognize as an important year for the real estate market). After 2008, tons of investors came in to buy up the depressed value properties to either flip or rent out or just hold onto until the value returned. People buying houses with cash isn’t something Airbnb caused. Corporations buying up houses to rent isn’t something Airbnb caused. Foreign investors buying up houses to get their money out of their country isn’t something Airbnb caused.
Airbnb invented a way to make money off of housing by taking houses away from people. Entire blocks will be bought by a company just to use as an Airbnb hence why a lot of stipulations have been recently coming in to prevent a ‘housing shortage’ while there’s enough housing.
So yes, Airbnb did a lot of damage there when it comes to ‘who can we pin ideas on’ blame which we love to do so much to boomers.
LOL you really believe that “a millenial” created AirBNB and not some conglomerate of venture capitalists funneling billions at a team made up of people of all ages?
No shit. So you agree It’s not just boomers. Now go get mad at the OP for spawning this stupid nonsense argument in the first place. Go on and grow that attention span.
Seems you think that I am responsible for your anger. Weird.
Seems you think everyone is responsible for you aside from you
Ow, burn!
Wtf even does “the current generations” mean? Whenever people say “the newer generation” or “the young generation” or something they just sound so fucking incompetent.
And worse: the home buying age isn’t 19, it’s more like 30 - 40.
Being over 40 doesn’t make you a boomer.
As is blaming boomers when the world is not run by just that one generation. The most successful billionaires today are made up from genx and millennials.
So making it a generation war just when it’s pointed at boomers is just stupid and incompetent for an argument.