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Reply to "Boomers can’t downsize "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I see a lot of boomers aging in place in these 2 story 3500 square foot homes and it doesn’t seem very economical to me—Paying taxes on, cooling, heating, and cleaning all that? Some rooms even sit empty.[/quote] My mom is one of those. She is willing to downsize but only if it’s a newish, SFH with a yard large enough for a garden. No shared walls. And it can’t be too big. Houses new enough to require less maintenance than her current house either aren’t SFH or they are bigger than her current 3000 sq ft house but crammed onto a 5000 sq ft lot with neighbors 5’ away and barely any yard. She has deemed that unacceptable, and also refuses the idea of a condo, apartment, or row house because she says she should not have to listen to neighbors after 50 years of sfh living. People aren’t really building cute new cottages on medium-size lots these days so she’s stuck. [/quote] 55+ communities that have little sfh. Lots of those communities popping up, so they are new builds.[/quote] I can't be the only Gen Xer who abhors those types of place. We are just a few years from being eligible, and there's no way. They are at the absolute bottom of the housing list. [/quote] I absolutely agree. I also feel like the developers of those neighborhoods aren't really considering the upcoming demographics. Gen X is the smallest generation in existence. Not only will a majority of us hate such communities, but there won't be enough of any of us to fill them. I keep seeing Gen X sites talking about turning old malls into housing, complete with Orange Julius and Pizza Huts. I'd be much more game for that rather than some old gray-haired place to hide us. Also, I must comment that I love the irony of this thread. Boomers complaining while THEIR OWN CHILDREN, the Millennials, screech at them about being selfish and gobbling up housing. It's pretty entertaining from afar.[/quote] What's funniest is the millennials will be coming into a massive amount of wealth transferred to them, for nothing more than existing, from their hated boomer parents.[/quote]
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