General Discussion

markodochartaigh

(5,230 posts)

8. I think that the US single-family home market

Thu Jun 19, 2025, 08:48 AM

Jun 2025

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.

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Highlight:

1 in 3 Baby Boomers Say They'll Never Sell Their Home [View all] OnlinePoker Jun 2025 OP

We would love a home that's a little more contemporary and less like a box, Cloudhopper Jun 2025 #1

It's not surprising. Cerulean Southpaw Jun 2025 #2

Home wildflowergardener Jun 2025 #3

I'm in that same boat. Gen X/Millenial depending on poll definitions. NutmegYankee Jun 2025 #11

Gen X (1965-1980) and Millennial (1981-1996) birth year ranges have been firm for ages now. Celerity Jun 2025 #16

It's not that simple. NutmegYankee Jun 2025 #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 2025 #24

Like Generation Jones 1956 -1965. haele Jun 2025 #48

I get argued with everything I say that quakerboy Jun 2025 #41

those are not widely accepted cut off years at all, whether informally or in academia Celerity Jun 2025 #47

I dont claim to be an expert. quakerboy Jun 2025 #54

Wow! Please post photos here if you want to. spooky3 Jun 2025 #27

A lot of people in the baby boom generation valleyrogue Jun 2025 #4

Interest rates are at 7, so yeah. Johonny Jun 2025 #5

I know, right?! Dumb article. yardwork Jun 2025 #38

my parents bought their first home at 17% quakerboy Jun 2025 #44

Home prices are declining in most of the country WSHazel Jun 2025 #6

Whether it's paid off or it isn't chowmama Jun 2025 #7

"a little tuba-heavy," lol Alice Kramden Jun 2025 #53

I think that the US single-family home market markodochartaigh Jun 2025 #8

Another situation I've seen Unwind Your Mind Jun 2025 #9

this is on my list of y i'm staying put. mopinko Jun 2025 #20

I get calls to sell. People are still buy shitboxes here Historic NY Jun 2025 #10

We were getting calls asking us if we wanted to mwmisses4289 Jun 2025 #33

Until they can no longer take care of marybourg Jun 2025 #12

And immigrant workers who once could provide care for pay spooky3 Jun 2025 #28

That's what got us KentuckyWoman Jun 2025 #29

Yes. I am in a condo now, with an aide 3x/week. marybourg Jun 2025 #37

Not a big surprise Renew Deal Jun 2025 #13

In many cases, even to downsize to a condo yorkster Jun 2025 #14

That sounds about right Renew Deal Jun 2025 #15

We bought our house about 37 years ago Mossfern Jun 2025 #17

Would love to move to a smaller house, no yard, BUT... Maeve Jun 2025 #18

Why should we? I paid a mortgage for 30 years. It is paid off. travelingthrulife Jun 2025 #19

I'm Gen X. Mrs. Aristus is a Boomer. We own our house free and clear. Aristus Jun 2025 #21

I have a standard reply when those shitbirds call . . . after making sure not to say "yes" . . . . hatrack Jun 2025 #25

Hi fellow Xer! Polybius Jun 2025 #30

Mrs. Aristus is eight years older than me. Aristus Jun 2025 #35

Ms. Polybius is more than 20 years younger than me Polybius Jun 2025 #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 2025 #23

The house is paid for and rent is too damn high. nt doc03 Jun 2025 #26

Recommended. H2O Man Jun 2025 #31

Lol Joinfortmill Jun 2025 #39

We have low interest loan Tree Lady Jun 2025 #32

My home MoonlightHillFarm Jun 2025 #34

I'm a Boomer.In my lifetime I've owned 3 houses & 5 condos. Joinfortmill Jun 2025 #36

Gen X OC375 Jun 2025 #40

Gen Xer here...will sell in next ten years. Most are not realistic JT45242 Jun 2025 #42

Yep. I'm one of them. Liberal In Texas Jun 2025 #43

Why would I sell? Happy Hoosier Jun 2025 #45

Is this a new percentage? Feels like the silent generation stayed in place too Arazi Jun 2025 #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 2025 #52

I don't want to sell my house Marthe48 Jun 2025 #50

So 2/3 will sell? MineralMan Jun 2025 #51

Our houses are most of our savings. marble falls Jun 2025 #55

The Shifting Demographics of Housing Metaphorical Jun 2025 #56