Reminds me of a meme I saw with millennials waiting excitedly for the next great recession to hit so the buyer's market will be good.
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read: don't worry, we don't need to consider wealth transfers to millennials, they can just wait until we die
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I mean, we just refinanced at 3.5% fixed for 30 years after getting in on an ARM with a low down payment. Boomer housing bubble looming seems not unreasonable?pic.twitter.com/K3T3kdyvrd
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Boomer here: this is not wrong. I know a nice little, tree-shaded cottage that will be on the market in a couple of decades--possibly less, but it's likely more of a Zoomer opportunity.
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This just happened to me a few months ago because my mom suddenly died too young.
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