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They trying to distract us. I aint looking at the single home owning boomers, its landlords and corporate real estate companies hoarding homes.
Absolutely, it isn't those boomer parents living in a house for 40 years that are driving up the costs. It's corporations and landlords buying houses as investments so that they can rent them out while the market skyrockets.
Yeah this needs more of an upvote, take a THIS
Mostly, you're right, IMO. But these same people will vote against affordable housing being built near them... "Not in my backyard!"
Right? Modern medicine is keeping people alive longer, and I'm not going to judge someone for wanting to keep the home they've probably lived in for many years.
I don't rent, but from what I read it's out of control, and corporations buying up homes, putting in the bare minimum to fix up (read: lazy/cheap contractors) and asking way more than it's worth. Now, of course you don't have to pay it, but if everyone is asking overprice, what are people suppose to do?