I love this community, seeing through the generational conflict bullshit.

Makes me wonder if the corporate propaganda networks are going to be in trouble because this seems to be one actual generational trend: younger generations don't seem to trust the media like older ones did.

I've seen CNN as basically Fox News but with a different target audience for over a decade now. They can't say as much stupid shit because that audience isn't as dumb as Fox's, but it's pushing the same divide and conquer shit.

Yeah, old people! Get out of your houses! Die in the street for everyone else's benefit!

Just like how you were supposed to die to vote for Trump in the Iowa caucus and die from COVID to help the economy.

The point is, this is entirely your fault and we hate you and go die. In a hole preferably, so we don't have to hear you moan about needing social security and medicare.

Sincerely,

Republicans

(P.S. Vote for us before you die! Kthx.)

Not sure how common this is nationally, but around here it's also common for the older generation to maintain two properties a "home" in the city/metro area near their kids or grandkids and a "cabin" which is literally a second home somewhere else.

I think it'd be great to give up the home in the metro and downsize to a condo or apartment, but that's just me.

No it's not. Hedge funds and banks and corporations are buying the starter homes. The homes boomers are in are not the starter homes.

This entire line of thinking is a red herring to distract from hedge funds destroying our housing economy.

I bought my first house in 2010, during the last dip in the housing market. Sold every asset I could for the down payment and end up with a mortgage payment I could afford. The value of the home has since increased 3x from when I bought it; I couldn't afford to buy the place today, let alone move someplace else. My major source of frustration has been property taxes, which now cost 1.5x more than my mortgage payment. I'm not entirely certain I'll be able to STAY in this place if they keep going up 20%/year like they have been.

I feel like most of the thumbnails I see for news articles are AI generated now.

Baby Boomers, Millenials, amd Gen Z account for.. 42% of homes.

Classic Gen X erasure aside... I have doubt Gen X owns the remaining 58% today. The article does mention 18% of gen X owned 10 years ago. And I am doubtful the Silent Generation is still clinging to their numbers.

And so under the most charitable interpretation: that is still a 20% gap of ownership by what I can only assume is a business enterprise.

They trying to distract us. I aint looking at the single home owning boomers, its landlords and corporate real estate companies hoarding homes.