Millennials Have the Children, but Boomers Have the Houses

https://www.nytimes.com/2024/02/01/realestate/empty-nests-millennials-boomers.html

by vwoolf • 2 years ago

15 12 2 years ago

nytimes.com

Ginger-Pickles• 2 years ago

https://archive.ph/qTMty

postalrat• 2 years ago

Build houses not clouds

zhengiszen• 2 years ago

The game is rigged

mindslight2• 2 years ago

And Facebook has the answer: "It's just like the flu"

FooBarBizBazz• 2 years ago

https://en.m.wikipedia.org/wiki/Saturn_Devouring_His_Son

mensetmanusman• 2 years ago

in ten years there will be so many extra houses...

devwastaken• 2 years ago

The costs of treating diseases prevalent in old age often results in the loss of the home after they pass. This is because after a certain age if you get down to socialized healthcare, your home and assets are used to pay it back. State takes it.

Even if it's private, either the insurance or the clinic will take it eventually.

raincom• 2 years ago

Special trusts like this [1] can save ones' assets.

[1] https://www.sjslawpc.com/practice-areas/what-is-a-medicaid-a...

simojo• 2 years ago

Not a surprise that it's most prevalent in the rust belt.

rayrey• 2 years ago

Sighs in Gen X

seanmcdirmid• 2 years ago

We will be known as the invisible generation soon enough.

Millennials Have the Children, but Boomers Have the Houses

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