352

Baby boomers are becoming homeless at a rate ‘not seen since the Great Depression’ (moneywise.com)

submitted 1 year ago by [email protected] to c/[email protected]

108 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[-] [email protected] 6 points 1 year ago

I'm actively searching for a house to buy - smaller than the one that what I grew up in - and while you're right about people wanting more space, it does not matter. Homes are disproportionally more expensive than they were in the 80s

[-] [email protected] 1 points 11 months ago

The house I grew up in is now worth 1.4 million dollars.

[-] [email protected] 2 points 11 months ago

I was going to include house much they sold it for a few years ago but I didn't think it was a fair comparison because they added a second floor

[-] [email protected] 2 points 11 months ago

It's the thing I use to hammer home the idea that our lives are dramatically worse than our parents. I could not dream of paying that mortgage but my mom could pay it as a single mother of two because they bought it in the 80s for 300k and engineer salaries allowed them to pay it.

this post was submitted on 25 Sep 2023

352 points (99.7% liked)

United States | News & Politics

7120 readers

642 users here now

founded 4 years ago

MODERATORS

[email protected]