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Reply to "The median Boomer has a housing cost of $612. That includes taxes and insurance. "
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[quote=Anonymous][quote=Anonymous]Holy. Sh#t. This article was eye opening and sobering. And fully explains why Boomers are so disconnected from the economic struggles faced by their own children. Other fun facts: -“About 28% of all U.S. homes with three or more bedrooms are owned by people between the ages of 60 and 78 living by themselves or with another adult, according to a Redfin analysis of 2022 census data. Millennials living with children own just 14% of these bigger homes.” -“A recent Fannie Mae survey found that most Americans 60 and older don’t intend to ever move.” -“Boomers own half of all of the $32 trillion in home equity in the U.S.” https://www.wsj.com/economy/housing/baby-boomers-big-homes-real-estate-inventory-3a047cb6 [/quote] I thought you wanted to ban suburbs and SFHs so we can all live in dense cities?[/quote]
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