Comment on Baby boomers are becoming homeless at a rate not seen since the Great Depression
Skyrmir@lemmy.world 9 months agoAs a political block, they’ve had control of our housing market for around 40 years now. The changes they made, and problems they ignored, for those decades have caused the problems we have today.
Rapidcreek@reddthat.com 9 months ago
Most real estate conglomerates are run by 30-40 year old MBAs looking for return on investments so they can get a big bonus. They set the market. They are not boomers.
Skyrmir@lemmy.world 9 months ago
Those kids are playing in the market the Boomers created and set the rules for, before they were ever born.
Rapidcreek@reddthat.com 9 months ago
Those rules were set before the Boomers were born too.
gravitas_deficiency@sh.itjust.works 9 months ago
That’s categorically untrue. The rules have been semi-fluid and evolving since the real estate market became a thing.