The value in the boomer home is entirely dependent on the future buyers (Millenials, Gen Z) slaving themselves to unrealistic mortgage terms, and their retirement funds are entirely driven by greater fool asset and company valuations. They created an entire financial system that creates nothing except set up overtly confusing ways to obscure the fact that it's just stealing from their children to pay for the unsustainable boomer lifestyle, and then they have the gall to complain about the negative effects but only in the context of how it effects them.
I think we're past the idea of selling to regular people. You'll just hold your family's wealth in residential housing until you pass it to your children or you get bought out by another, larger dynasty so your children will at least have some money as they join the renting class.
The value in the boomer home is entirely dependent on the future buyers (Millenials, Gen Z) slaving themselves to unrealistic mortgage terms, and their retirement funds are entirely driven by greater fool asset and company valuations. They created an entire financial system that creates nothing except set up overtly confusing ways to obscure the fact that it's just stealing from their children to pay for the unsustainable boomer lifestyle, and then they have the gall to complain about the negative effects but only in the context of how it effects them.
I think we're past the idea of selling to regular people. You'll just hold your family's wealth in residential housing until you pass it to your children or you get bought out by another, larger dynasty so your children will at least have some money as they join the renting class.