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markodochartaigh

(3,301 posts)
8. I think that the US single-family home market
Thu Jun 19, 2025, 09:48 AM
Jun 19

was in the midst of a transition to an investor owned market like in other extremely unequal societies. Now, with Trump's attack on the dollar and economy, it is impossible to say what will happen. Of course if the Republicans tank Social Security millions of seniors will be forced to sell their homes into a market spiraling downward in order to get money for their living expenses. Seniors will lose their homes and the next generation will lose their inheritance. Hedge funds will buy up houses in bulk for pennies on the dollar in cash from their golfing buddies, the foreclosing banksters.

Recommendations

3 members have recommended this reply (displayed in chronological order):

We would love a home that's a little more contemporary and less like a box, Cloudhopper Jun 19 #1
It's not surprising. Cerulean Southpaw Jun 19 #2
Home wildflowergardener Jun 19 #3
I'm in that same boat. Gen X/Millenial depending on poll definitions. NutmegYankee Jun 19 #11
Gen X (1965-1980) and Millennial (1981-1996) birth year ranges have been firm for ages now. Celerity Jun 19 #16
It's not that simple. NutmegYankee Jun 19 #22
I am within less than 2 and a half months of being Gen Z, but the widely accepted boundaries (1981-1996) for Millennial's Celerity Jun 19 #24
Like Generation Jones 1956 -1965. haele Jun 19 #48
I get argued with everything I say that quakerboy Jun 19 #41
those are not widely accepted cut off years at all, whether informally or in academia Celerity Jun 19 #47
I dont claim to be an expert. quakerboy Jun 19 #54
Wow! Please post photos here if you want to. spooky3 Jun 19 #27
A lot of people in the baby boom generation valleyrogue Jun 19 #4
Interest rates are at 7, so yeah. Johonny Jun 19 #5
I know, right?! Dumb article. yardwork Jun 19 #38
my parents bought their first home at 17% quakerboy Jun 19 #44
Home prices are declining in most of the country WSHazel Jun 19 #6
Whether it's paid off or it isn't chowmama Jun 19 #7
"a little tuba-heavy," lol Alice Kramden Jun 19 #53
I think that the US single-family home market markodochartaigh Jun 19 #8
Another situation I've seen Unwind Your Mind Jun 19 #9
this is on my list of y i'm staying put. mopinko Jun 19 #20
I get calls to sell. People are still buy shitboxes here Historic NY Jun 19 #10
We were getting calls asking us if we wanted to mwmisses4289 Jun 19 #33
Until they can no longer take care of marybourg Jun 19 #12
And immigrant workers who once could provide care for pay spooky3 Jun 19 #28
That's what got us KentuckyWoman Jun 19 #29
Yes. I am in a condo now, with an aide 3x/week. marybourg Jun 19 #37
Not a big surprise Renew Deal Jun 19 #13
In many cases, even to downsize to a condo yorkster Jun 19 #14
That sounds about right Renew Deal Jun 19 #15
We bought our house about 37 years ago Mossfern Jun 19 #17
Would love to move to a smaller house, no yard, BUT... Maeve Jun 19 #18
Why should we? I paid a mortgage for 30 years. It is paid off. travelingthrulife Jun 19 #19
I'm Gen X. Mrs. Aristus is a Boomer. We own our house free and clear. Aristus Jun 19 #21
I have a standard reply when those shitbirds call . . . after making sure not to say "yes" . . . . hatrack Jun 19 #25
Hi fellow Xer! Polybius Jun 19 #30
Mrs. Aristus is eight years older than me. Aristus Jun 19 #35
Ms. Polybius is more than 20 years younger than me Polybius Jun 19 #46
The house, although way too big for us, is paid off and we like the location. If a smaller one in a similar Vinca Jun 19 #23
The house is paid for and rent is too damn high. nt doc03 Jun 19 #26
Recommended. H2O Man Jun 19 #31
Lol Joinfortmill Jun 19 #39
We have low interest loan Tree Lady Jun 19 #32
My home MoonlightHillFarm Jun 19 #34
I'm a Boomer.In my lifetime I've owned 3 houses & 5 condos. Joinfortmill Jun 19 #36
Gen X OC375 Jun 19 #40
Gen Xer here...will sell in next ten years. Most are not realistic JT45242 Jun 19 #42
Yep. I'm one of them. Liberal In Texas Jun 19 #43
Why would I sell? Happy Hoosier Jun 19 #45
Is this a new percentage? Feels like the silent generation stayed in place too Arazi Jun 19 #49
It says 45% of silent don't intend to sell, but there aren't many of them still in their own homes. OnlinePoker Jun 19 #52
I don't want to sell my house Marthe48 Jun 19 #50
So 2/3 will sell? MineralMan Jun 19 #51
Our houses are most of our savings. marble falls Jun 19 #55
The Shifting Demographics of Housing Metaphorical Jun 19 #56
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