@kimmaicutler When boomers go to liquidate homes to fund their retirements? Or will they just reverse mortgage and leave them to the banks?
-
-
-
@TheAJSinclair extracting more and more wealth from the future and dumping it into land rents.
End of conversation
New conversation -
-
-
@MattBruenig@asymptosis@Noahpinion we can't afford to buy them because millennials are too indebted. -
@kimmaicutler@MattBruenig@Noahpinion for every house in SF that decupled in price, there's houses in Cleveland abandoned when Grandma died
End of conversation
New conversation -
-
-
@MattBruenig@Noahpinion you're forgetting the racial and class lines that property ownership falls along. Also multiple kids? -
@kimmaicutler@MattBruenig@Noahpinion we wouldn't be having nearly the housing crisis we're having if population weren't growing. - 1 more reply
New conversation -
-
-
@kimmaicutler considering how much wealth boomers have reaped... millenials should demand across the board 50% tax on all 401ksThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@kimmaicutler the house and the house nots -
@chrisamccoy@kimmaicutler The house always wins!
End of conversation
New conversation -
-
-
@kimmaicutler@Joe_Cortright all asset classes appreciate significantly over time, not just housingThanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.