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Real Estate
Reply to "The median Boomer has a housing cost of $612. That includes taxes and insurance. "
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[quote=Anonymous]I’m Gen x and 50! Some Millennials are over 40 now. I posted earlier about my silent generation mom finally selling in Buffalo, NY. Yes it’s hard to move after 48 years in the same house. The place she moved isn’t cheap. I feel fortunate that she can afford, after the sale of the home, to move to a safe, smaller place. All in it is more expensive than staying in the home which she bought with my father in 1975 at 14% interest rate! The over 65 retirement home is very expensive. Places like it here would be triple the cost maybe more! I don’t know what the solution is but it sure isn’t just blaming old folks. Housing costs in the DMV are out of control and continue to rise. [/quote]
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