SPIN: Whose buying ALL these homes once the Baby-Boomer generation dies off??

DatNkkaCutty

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:jbhmm: I pondered this question wit my girl awhile back......Whose buying up all these homes across the US once ALL these baby-boomers start droppin? :patrice:......Millions of homes....nd millions of nice ones. I'm sure everyone been thru neighborhoods dominated by old ppl. These ppl bought or started payin on these houses way back in the 50s, 60s, nd 70s when shyt was sweet. My grandfather came to the US in the in the 40s...stacked up...built a nice size home spendin less than 20 racks. Then purchased a few more houses back in the day...dirt-cheap :wow:. All these old folks dont have kids to leave their homes to, nd Im pretty sure Generation X nor most Millenials are gonna have it like that to buy up homes like the previous generations did. Young cats is strugglin out here like never before :sadcam:......these house prices higher than a MFer unless u really eatin or livin out in the boonies somewhere :mjpls:. Anyway....whats ppls opinions?
 

Tupac in a Business Suit

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Their families will pass them down. Not to mention, people out here have money.

I see that you just got here, but, there are a million 6 figure jiggie niggies that post on the coli alone.

TLR can keep the economy booming once the Baby Boomers ride off into that grey sunset.
 

Tupac in a Business Suit

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:russ::russ:





"jiggie niggies" tho? :mjpls:

Every nikka on the Coli has more money and hoes than problems fam. Let's not act like on any given day you can't click on TLR with a blindfold on and land in one of the following threads:

NYC women are trash and not a single braud lives there that is hot

ATL hoes are in abundance, but they want all the real nikkas

Married braud givin up the bunz to a pimp (GMB)

Hate on a hotep/shea butter feminist for their condescending cocoa butter conditioner comprehension..

etc...etc...
 

DatNkkaCutty

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their families will likely inherit them.

Everybody doesnt have enough offspring for all these homes :gucci:... Nd weren't baby-boomers the largest generation? How bout the rural areas or farther out? Younger generations want to be closer to cities nd dont want that farm like their parents had. I'd even say most aint sittin on money or the promise their elders had at the same age so how they gonna hold on to all these homes with record-level home prices, high-ass taxes, nd a shytty economy? :jbhmm:
 

THOT CATALOG

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Everybody doesnt have enough offspring for all these homes :gucci:... Nd weren't baby-boomers the largest generation? How bout the rural areas or farther out? Younger generations want to be closer to cities nd dont want that farm like their parents had. I'd even say most aint sittin on money or the promise their elders had at the same age so how they gonna hold on to all these homes with record-level home prices, high-ass taxes, nd a shytty economy? :jbhmm:

most people have 2 kids. most people have one house. they will either sell the house and use the equity to fund their retirement or the house gets sold and the cash is split 50/50 for their kids. upper middle class usually has more than one house in which case kids get one each and move into them. thats how it works in canada. went to school with wealthy cacs. all their parents have 2-3 houses. all of them have 2-3 kids. each kid inherits a house and they went to school for well-paying professions + have connections to get hired at the best companies. since they don't have to pay a mortgage they can save for a second down payment asap and use it as a rental property. after it pays itself off they live off the rental income and when they die the cycle statrts itself over again.

most minorities think they can compete with (rich) whites but this shyt is no joke. they have this generational wealth thing down to a science. :wow:

indians and asians now have higher incomes than whites on average but the average white isn't really important to society (hence support for trump because they feel played by asians and indians). it's the wealthiest 20% of whites that run the show.:francis:
 

DatNkkaCutty

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most people have 2 kids. most people have one house. they will either sell the house and use the equity to fund their retirement or the house gets sold and the cash is split 50/50 for their kids. upper middle class usually has more than one house in which case kids get one each and move into them. thats how it works in canada. went to school with wealthy cacs. all their parents have 2-3 houses. all of them have 2-3 kids. each kid inherits a house and they went to school for well-paying professions + have connections to get hired at the best companies. since they don't have to pay a mortgage they can save for a second down payment asap and use it as a rental property. after it pays itself off they live off the rental income and when they die the cycle statrts itself over again.

most minorities think they can compete with (rich) whites but this shyt is no joke. they have this generational wealth thing down to a science. :wow:

indians and asians are now making more money than whites on average but the average white isn't really important to society (hence support for trump because they feel cheated by asians and indians). it's the wealthiest 20% of whites that run the show.:francis:

Commend this man for droppin a post with some substance nd a jewel or two as well....

tenor.gif
 
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