Submitted by AgentDaxis t3_10wmer9 in Pennsylvania
Redlar t1_j7qxezj wrote
Reply to comment by Mortico in Democrats sweep special elections, affirming first Pa. House majority in 12 years by AgentDaxis
>The only saving grace is that housing prices will crash when no one can afford to buy all these boomer mansions
As much as I would love for this to happen you may be forgetting that houses are being bought by investment firms as part of investment portfolios that are then rented out or bought by companies solely to use as airbnbs
Boomer money isn't going to the younger generations, it's going to be vacuumed up by nursing homes, expensive healthcare, and reverse mortgages.
Corporations not people will be seeing the money, we will be left with the scraps that they so generously bestow upon us
Mortico t1_j7r3pw3 wrote
Entirely possible. At this point I expect to inherit nothing.
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