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snoogins355 t1_iu24zk8 wrote

With housing prices they way it is, it's getting there

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TurnsOutImAScientist t1_iu43rez wrote

Elderly lady next door to me is probably permanently in “rehab”, can’t make it up a flight of stairs, and probably isn’t ever gonna sell the triple decker she owns. Her next of kin will have to do it. I’m thinking there must be tons of situations like this across town where seniors who by all means should be moving out for health/accessibility reasons just won’t.

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Laureltess t1_iu4o2jl wrote

A few months ago there was an article where a bunch of retirees were complaining that they had nowhere to “downsize” to because all the small houses were bought by developers and demolished, and they refuse to live in apartments, so they’re refusing to sell their family-sized houses. They’re complaining about a problem THEY created, and the rest of us suffer because retirees don’t want to live in anything but unattached homes.

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TurnsOutImAScientist t1_iu4zsdg wrote

And then when the median baby boomer has died of old age in a couple of decades, the younger generations won't have built as much wealth and won't be able to compete with corporations attempting to shift the country from individual homeownership to renting.

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