Doom Debt
-
A couple of issues:
-
A bad credit score doesn’t just stop you from buying a house, it can affect rentals, phone contracts, all kinds of things.
-
It’s nonsensical to think an entire generation will never be able to afford a home. What happens when the boomers and gen xers die? They’re just going to sit empty? They’ll all be converted to rentals?
Why not become huge YIMBYs as a generation? Eventually you’ll beat us old guys in elections. Remember, homes are expensive due to policy choices.
-
-
A couple of issues:
-
A bad credit score doesn’t just stop you from buying a house, it can affect rentals, phone contracts, all kinds of things.
-
It’s nonsensical to think an entire generation will never be able to afford a home. What happens when the boomers and gen xers die? They’re just going to sit empty? They’ll all be converted to rentals?
Why not become huge YIMBYs as a generation? Eventually you’ll beat us old guys in elections. Remember, homes are expensive due to policy choices.
It’s nonsensical to think an entire generation will never be able to afford a home. What happens when the boomers and gen xers die? They’re just going to sit empty? They’ll all be converted to rentals?
I remember reading something about how there would be a down trend in housing prices for a long time. As the US becomes more of an aging country, the available single family houses will be greater than the demand.
-
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Register Login