More just gobbling up the old McMansions of elderly boomers with all that cheap Fed lending money and turning them into cheaply built Five-Over-One slums that'll deteriorate and collapse over the next 20 years.
The Boomers will make out like bandits for another decade, then die and leave their estates to... an assortment of failsons and grifters, most likely. The next generation will be told to choose between downsized 80s-era ethnic enclaves or pricy-as-fuck urban supercenters. A few more waves of economic contortion will have us all digging ditches on the side of the road for a federally subsidized minimum wage (because god forbid we get any inflation) while Shovel Corp stocks skyrocket. And then the next generation will hate us at least as much as we ever hated our parents for leaving everything in such a state.
More just gobbling up the old McMansions of elderly boomers with all that cheap Fed lending money and turning them into cheaply built Five-Over-One slums that'll deteriorate and collapse over the next 20 years.
The Boomers will make out like bandits for another decade, then die and leave their estates to... an assortment of failsons and grifters, most likely. The next generation will be told to choose between downsized 80s-era ethnic enclaves or pricy-as-fuck urban supercenters. A few more waves of economic contortion will have us all digging ditches on the side of the road for a federally subsidized minimum wage (because god forbid we get any inflation) while Shovel Corp stocks skyrocket. And then the next generation will hate us at least as much as we ever hated our parents for leaving everything in such a state.