I guess if you also spent 20 years “3 years away” from buying a house, that was pretty normal.
Man if my wife didn’t push us to buy in 21, we would be way more than 3 years away, I wouldn’t be able to afford my house today. Now as much as it feels like a blessing to own a house, it’s also a trap since if I sell, I can’t get another one.
How does a stat like this get affected when a corporation buys a house? Exclude it from the stats? Go off the organization’s age? Decide after seeing how either solution affects the stats in the end?
“Corporations are people, my friend!”
So how old is a corporation? How does it make babies? How does it plan grocery shopping, or get the kids to school?
“It’s not enough anymore to say, ‘I can work hard,'” Dimon said in a recent interview with CNN. “In the old days, you could be in 10th grade, go get a factory [job] in Detroit, and eventually you could afford a family, a home, a car, and that may not be true anymore.” - CEO, JPMorgan
If only there were something that could be done about that, Mr Eight Figure Salary.
He was directly responsible for too big to fail and reaped a public bailout.
I would wager that hasn’t been true for almost 40 fucking years now.
“May” what a fucking idiot asshole.
makes sense
my senior in-laws stole family’s entire fortune including wiping out of the grandkids college funds
fucking old people these days live off the futures of the youths
Like literally? How did they do it? Are they hiding now or was it some legal scam?
lawyers and paperwork
the last relative that controlled everything got sick real quick and on a clear day those two wrangled free from her the entire inheritance
thrown it in all the familys face and yes no one wants anything to do with them anymore
No offense but this sounds less like a systemic housing issue and more like shitty people being shitty
When you build a society that worships money that’s a hell of a lot more common.
Damn true. So it’s actually reflective of an even larger systemic issue!
Or did the grandparents just decide to spend their own money on their retirement and not give it to their entitled children?
Ugh, that math is totally off! In 15 years the average age of someone who is 39 should be 54! Not 59!!!
(/s btw)
This is kinda where my brain went too. So they’re just buying second houses? And we’re all just… too fucking poor to compete?
No, it’s not us GenX buying ski condos. It’s corpos like BlackRock buying up everything at 10% over ask and trying to turn the country into permanent renters. They figured out they will make more money over 30 years by renting it out and barely maintaining it than by backing mortgages.
Buy a gun
It’s cold out here…
And the games being played ain’t fun
Landlord just raised your rent…
Better get yourself a gun
https://www.youtube.com/watch?v=0KlKGEp0_x4
GYAG - Bob Vylan
