United States | News & Politics

7328 readers

138 users here now

founded 4 years ago

MODERATORS

[email protected]

328

Baby boomers are becoming homeless at a rate ‘not seen since the Great Depression’ (moneywise.com)

submitted 1 year ago by [email protected] to c/[email protected]

87 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] glimse 8 points 1 year ago (1 children)

Hey wasn't Ford started by Henry Ford? It's an equally relevant question.

Are you a boomer going for some sort of gotcha here or something? Karl Marx could have started Airbnb and it wouldn't change the situation we're in now so...what does it matter?

[–] doublejay1999 -4 points 1 year ago (2 children)

The point obviously is that the relentless attacks on “boomers” conveniently and consistently leaves out that Gen X and Millennials are the landlording generations, who have grown up with cheap money.

Buy to let didn’t really take off until interests rates fell in the late 90s

But this doesnt fit the narrative, and would leave you looking like fools tricked into fighting a generational war, instead of the criticising government policy like the savvy individuals I’m sure you all are. 👍

[–] glimse 10 points 1 year ago (1 children)

But you're the one inserting a generational war here, not me.

I was explaining the difference between buying a home in the 80s and buying one now and why boomers DID have it easier in that regard because you made a dumb joke about young people thinking boomers got free houses. Then in response you pulled out some unrelated millennial bullshit...? I didn't even say BOOMERS held the rentals...I said prior generations weren't hoarding real estate.

Neither of your replies have addressed the comments you replied to. You just kinda made up an enemy to argue with.

[–] [email protected] 7 points 1 year ago

Millennials barely own homes, we have much lower home ownership rates and that’s only dropping more with each subsequent generation.