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SeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish · 1 year ago

Baby-boomer homeowners got rich from skyrocketing house prices. Now they can't find retirement housing.

www.businessinsider.com

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Baby-boomer homeowners got rich from skyrocketing house prices. Now they can't find retirement housing.

www.businessinsider.com

SeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish · 1 year ago
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After building real-estate wealth from high housing prices, boomers are facing a shortage of suitable retirement housing.
  • Prehensile_cloaca @lemm.ee
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    1 year ago

    There are literally millions of empty houses across America.

    We don’t really have a Supply issue, so much as we have a profit issue.

    • blindbunny@lemmy.ml
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      1 year ago

      Sounds like we need to start distributing homes and stop selling properties.

      • Prehensile_cloaca @lemm.ee
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        1 year ago

        Oh yeah, you should bring that up at the next BlackRock shareholders meeting.

        • blindbunny@lemmy.ml
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          1 year ago

          Yeah ok squatting it is then.

        • UltraGiGaGigantic@lemmy.ml
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          1 year ago

          We don’t need to go into the meeting. We just need to wait outside of it.

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A community for discussing and documenting the second great housing bubble.

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