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Real Estate
Reply to "Boomers can’t downsize "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Typical boomers. Want top dollar for the home they're in now, but want to land somewhere nice and cheap.[/quote] Typical GenZ/X/Y - want to land somewhere nice, but it also has to be cheap. [/quote] we cant afforded it..... and we both agree that GEN X is useless. [/quote] Gen X can afford it. You're just bitter because we mind our business and don't take sides in your Gen Y vs Boomer pissing contest.[/quote] Generation against generation contest is moot, it's really a class issue more than anything else. There are broke Boomers and those who never accumulated any wealth at all, but we don't like to talk about them. There are also wealthy millenials and Gen Y who started businesses older people would never consider (content creation, convenience services, tech startups), and invested into assets older people weren't accustomed to deal with (Crypto, actively trading, etc). Not to mention how many cashed out in the RE market flipping and speculating with low debt costs. Those who got left behind in EVERY generation and feel insecure about whatever wealth they got or didn't get now are turning against each other. The only people who can complain are those born into bad circumstances and having to swim against the tide or first gen Immigrants who got nothing to start with but scramble for lowest wage jobs. Everyone else barring health issues had a change in every one of these generations. [/quote] Meant to say "had a chance" , not had a change. Every generation had a chance to grow wealth and still does. It's not cost free and generational wealth also matters to skew the scales. [/quote]
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