Comment on Baby boomers are becoming homeless at a rate not seen since the Great Depression
Rapidcreek@reddthat.com 1 year agoMost 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 1 year ago
Those kids are playing in the market the Boomers created and set the rules for, before they were ever born.
Rapidcreek@reddthat.com 1 year ago
Those rules were set before the Boomers were born too.
gravitas_deficiency@sh.itjust.works 1 year ago
That’s categorically untrue. The rules have been semi-fluid and evolving since the real estate market became a thing.
Rapidcreek@reddthat.com 1 year ago
The real estate market became a ‘thing’ with John Jacob Astor in the 1830s. And yes investment rules change.