Posted on 01/23/2024 5:03:10 AM PST by where's_the_Outrage?
“msn.com”
Double Bag Barf Alert
A search found that Ms Schuetz lives in the Wash DC Baltimore area, was a Google “scholar” and did some degree work at UNLV.
Want to see the results of a distorted housing market?
Try Washington DC. If one doesn’t work for the federal government or is a lobbyist, then the entire concept of “affordable housing” does not exist.
So why is Ms Jenny comparing only urban areas on the East Coast with anywhere else?
And why doesn’t she give up her parents home - say to some of those DC ferals that pop up on the news - and lead by example?
It wasn’t boomers who changed the immigration laws in 1965 to fulfill JFK’s replacement population dream, it wasn’t even the ‘silent generation’ who did that.
“What a weird way of thinking.”
It’s a commie way of thinking.
FTA: “ Staying in a large home as an aging empty nester isn’t just a misallocation of the housing supply, it’s often a challenge for seniors.”
This line chafes me. Who’s doing the allocating?
Mrs Con and I have built 3 two story houses. The master is always on the bottom floor. That is no challenge. A challenge would by accommodating the kids and grandkids when they visit in a one bedroom house.
Jennifer and Eliza can buzz off. I’m already paying for their worthless J School student loan.
EC
Schuetz said. “They’re consuming a lot more house than they really need...”
Such a Communist thing to say...
Screw you! I bought this house. I paid for this house. It’s mine. I’ll keep it as long as I wish.
It's a divide and conquer strategy pitting the young against the old.
Pravda would be proud.
“”””Misallocation of the housing supply? Whaha””””
Lol, well said with few words.
“”””Baby boomers now own twice as many large homes as millennials with kids, Redfin reported. Boomers don’t have much financial incentive to downsize as millennials struggle . Baby boomers whose kids don’t live with them anymore are clinging to their large homes,””””
Let me join the slap down of the ‘entitled’ snowflakes at Business Insider who wrote this piece.
So according to BI’s theory, we elders should sell our big house and move to ‘one room’ in an Assisted Living Facility where we can be subject to elder abuse by ‘entitled snowflakes’.
🖕🖕🖕🖕🖕🖕I worked all my damned life - sometimes 3 jobs at once for my home. Let THEM do the same.
Roll out that dopey idea in Martha’s Vinyard....
Authors?
Eliza Relman
Jennifer Sor
Did search, 2 flaming lefties, to young to have firm gray matter.
Totally Nuts.
I was expecting a surplus of housing when the WW2 generation died. The youngest is now 80 y/o.
Nobody can afford to refinance a smaller homw or pay rent at a higher rate thanks to the Biden Trainwreckonomy.
They don’t want to build homes because when the Nazi Klaus Schwab and his World Enslavement Forum takes over the world and exterminates 90% of the population there will be a huge surplus of homes
Or a stair climber
BTTT
And once again we see Millennials and those behind them complaining about their choices. They keep voting for Marxists while wearing their Che shirt, or their rainbow attire and then complain bitterly that the exact socialist policies they voted for are enacted to their detriment.
Screaming for $15 (now $20 in CA.) government imposed minimum wage and now no one wants to buy an $18 hamburger and fries. Where I live in the last decade voters have approved almost $200 million in additional taxes just for schools. Property taxes are outrageous but the liberals keep voting for it, so even if we sold our home it’s about $800 per month just for the property tax. Pretty sure there aren’t a lot of Millennials who can take that on.
So yeah, keep voting for the “cool kid” Democrats, but stop your bellyaching about how tough you have it now compared to Boomers who used to have common sense and vote that way.
I joined the navy in 1970 because the only jobs available in my small town paid $1.95 an hour and wouldn't pay enough for basic food and shelter.
When I got out of the navy, I worked 40 hours a week while attending state junior college part time via the GI bill. I lived in an 8x42 1950s trailer with a roommate.
I saved enough so I could transfer to the state university and only work 30 hours a week on the second shift and finish my bachelor's degree. Still living in that trailer, but without a roommate, I got a retail management job and continued to finish my Master's degree.
After another two years I moved up to a 15 year old 10x50 trailer and a better full-time job plus a part-time programming job on nights and weekends. I got married. We both lived in that trailer for 3 years and saved every penny. We bought the cheapest crappy house on the market and lived in it for 15 years saving all we could.
At age 49 we had saved enough to purchase a decent 1500 sq. ft., 3 bedroom home in a decent neighborhood. We paid it off in 5 years.
At age 62, we retired to SW Florida with enough to buy that oversized place and savings to live comfortably for the rest of our lives.
It's called living within your means and delayed gratification. I'm pretty sure most of the people posting here have similar stories. The millennials need to learn that they can't have everything right now.
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