• Rapidcreek@reddthat.com
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      1 year ago

      I’m sure boomers have complete control of the real estate market for those that evidently know nothing about it.

      • Skyrmir@lemmy.world
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        1 year ago

        As a political block, they’ve had control of our housing market for around 40 years now. The changes they made, and problems they ignored, for those decades have caused the problems we have today.

        • Rapidcreek@reddthat.com
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          1 year ago

          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.

          • Skyrmir@lemmy.world
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            1 year ago

            Those kids are playing in the market the Boomers created and set the rules for, before they were ever born.

              • gravitas_deficiency
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                1 year ago

                That’s categorically untrue. The rules have been semi-fluid and evolving since the real estate market became a thing.

                • Rapidcreek@reddthat.com
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                  1 year ago

                  The real estate market became a ‘thing’ with John Jacob Astor in the 1830s. And yes investment rules change.