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Oct 20, 2024
6:57
:35
pm
WJCougar
Intervention Needed
Why blame people who bought their homes 40 years ago?
It's not their fault 40 years later homes cost more. Blame developers and house flippers who are more worried about making money.
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WJCougar
Previous username
ecuaboy
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WJCougar
Joined
Mar 26, 2003
Last login
Oct 20, 2024
Total posts
151,536 (2,017 FO)
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Messages
Author
Time
This is a huge problem that we’re going to have to deal with
Lifi
Oct 20, 6:55pm
How would you deal with it?
Plato
Oct 20, 6:57pm
Wait for the Boomers to die and their kids unwind their assets. We’re pretty much there.
WDaddy
Oct 20, 6:58pm
Their kids are retirement age too, so the wealthy only get wealthier?
Plato
Oct 20, 7:09pm
Why blame people who bought their homes 40 years ago?
WJCougar
Oct 20, 6:57pm
I’m not blaming them. I said it’s been good for them.
Lifi
Oct 20, 7:05pm
I bet you also believe that grocery stores are price gouging
NorthBayCoug
Oct 20, 7:06pm
Blame the govt who has taxed the poor through inflation
johnnybyu
Oct 20, 7:26pm
Boomers aren’t living forever. Huge wealthy transfer to millennial kids coming but the Dems want to tax it from them.
Probable Sacko
Oct 20, 6:58pm
Yup
Coug98
Oct 20, 7:00pm
I don't view it as a huge problem. It'll work itself out if the government stays
4mack
Oct 20, 7:04pm
That “If” is the problem
Lifi
Oct 20, 7:06pm
One thing that can be done is to make it easier on builders
LifeLongLakerFan
Oct 20, 7:10pm
Rich won't allow it, course. It'll devalue their investments.
SinkingQuffa
Oct 20, 7:40pm
So many hoops to jump through. It's really easy mentally and legally once
Mitty
Oct 20, 7:48pm
We need fewer kids getting dumb college degrees and more building houses
CasualFan
Oct 20, 7:21pm
The market solves all of these things if allowed to. Policy makes them worse.
Plantagenet
Oct 20, 7:39pm
The Market doesn’t choose how many kids decide to go to college instead
CasualFan
Oct 20, 7:43pm
It’s probably less the people who bought homes they live in than it is people
RevolutionDeathsquad
Oct 20, 7:24pm
There is no better place in the world for young people if they show frugality
Plantagenet
Oct 20, 7:42pm
This was an interesting observation
BYUfan92
Oct 20, 9:13pm
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