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The most active thread since my last post on Friday was titled, "Buyers can't have it both ways" and posted in the "Real Estate" forum. The original poster notes that in her neighborhood houses are "selling like hotcakes". The houses are all the same age and have been slightly updated or staged. However, one house that has had nothing done to it has been sitting on the market. The original poster blames the lack of interest on the fact that it would require updating after purchase. This leads the original poster to accuse buyers of trying to "have it both ways". On one hand they complain that no houses are on the market and on the other refuse to consider houses that have not been updated. Several posters provide an explanation for why houses in need of updating are avoided by new buyers. After having put nearly every cent of their savings into a down payment and closing costs, new buyers don't have cash for a renovation. If they buy an already updated house, the cost of the renovation is rolled into their mortgage. Several posters see the advantages of buying a house in need of updating. For instance, several would rather do a renovation themselves rather than accept a cheap job done only to enhance a sale and there are the obvious financial advantages. But, if they don't have the money, they can't take advantage of those benefits. A second reason cited for avoiding homes in need of updating is the disruption that comes with renovations. With months long waits for appliances or cabinets, many posters say they would just rather avoid the headaches. However, the length of this thread is a result of one of my most hated phenomenons: a fight between generations. In this case, the battle is between millennials and baby boomers. As I have repeatedly written, I don't like generational labels which I find to be of little value. I especially dislike when posters divide each other with these labels and get into arguments. In this case, millennials are accused of being lazy and too incompetent to paint their own houses while boomers are said to be overly attached to their outdated homes for which they are expecting to get far too much money. The lack of utility of generational divisions is quickly displayed by posts from millennials who not only can paint a room, but apparently have built their entire homes from the ground up with little more than a hammer and screwdriver. Similarly, plenty of boomers claim to be quite happy to spend $40k updating their home in order to charge $80k more for it.