Maybe the boomers should try to save some money instead of buying avocado toast and lattes buying uninsurable vacation homes in Key West with a reverse mortgage from their primary home.
Baby boomers are becoming homeless at a rate not seen since the Great Depression
Submitted 2 years ago by bot@lemmy.smeargle.fans [bot] to hackernews@lemmy.smeargle.fans
https://moneywise.com/news/economy/rate-of-homeless-baby-boomers-increasing
Comments
gravitas_deficiency@sh.itjust.works 2 years ago
NatakuNox@lemmy.world 2 years ago
Well Ya. Boomers forgot that younger generations were going to be the ones taking care of them. But since we can’t even take care of ourselves we’ll do what the young dogs with the old during the great depression… Drop them off downtown and let the elements take care of the rest.
eestileib@sh.itjust.works 2 years ago
How would boomers handle this? I know!
“Boomer Homelessness Theory is a hoax. All evidence of Boomer Homing is being systematically ignored. And even if the Boomer Homelessness Theory were true, it would increase the Vitamin D levels of Boomer, which would offset any potential disadvantages.
PragerU will be back after this”
abort_christian_babies@lemmy.world 2 years ago
Rapidcreek@reddthat.com 2 years ago
I’m sure boomers have complete control of the real estate market for those that evidently know nothing about it.
Skyrmir@lemmy.world 2 years ago
As 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.