It’s genuinely bizarre watching Boomers convince themselves that a couple making $15/hour at 7 Eleven can buy a home, raise family, and retire. They’ll go down as the generation that was chronically delusional
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2,275 posts
- If you have $0, you get welfare. If you have $50 million, you get a bailout. If you have $2,300 in savings, you qualify to fund the whole system and get lectured to budget better.
- Boomers bought it for $80k in 1986 and now it’s listed for $1.2M with the same wallpaper. Welcome to the $698B illusion
- Replying to @georgescruggs9You clearly don’t care and that’s the most predictable part.
- We’ve been so brainwashed into thinking homeownership is the only path to wealth that this landlord couldn’t believe a couple with an 800 credit score and $600k income would want to rent. So much so they reached out to their CEO
- Warren Buffett is in talks to dump Berkshire’s real estate brokerage. If the world’s most patient and calculated investor is getting out…what do you think happens next?
- Replying to @KorpioProdMaybe throw in a lemonade stand for the closing costs lol
- Replying to @BurnsXxbabyAhh yes, generational genius: 1. buy in the bottom market 2. live through 40 yrs of growth 3. blame the kids born into the top
- Replying to @2TArkMoYou could show them data, graphs and they’d still swear Steve the grocery bagger bought a home at 23 with grit
- Replying to @Resax66Todd, what’s the bootstrap-to-down-payment conversion rate these days? Asking for 330 million people.
- Palm Springs Airbnb rentals are empty this year for Coachella, with nearly every listing offering discounted rates. Either Coachella is no longer cool, or people are spending less, or both.
- Thiel calls it what it is: a catastrophe for young people. And he’s right Boomers bought cheap, watched prices soar, and blocked new homes with zoning laws When cities grow by 10%… Housing prices jump 50% Wages barely move
- You can sense trouble brewing when the Federal Reserve records a 60 Minutes interview
