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PolandCanIntoSpace on scored.co
7 months ago0 points(+0/-0)1 child
Dislike boomers all you want but it seems a little unfair to work your entire life and have a chunk of your retirement fund ganked out from under you right at the end.
I'm not a boomer, have a home and it's paid off - causing real estate prices to plummet is effectively forcing me to subsidize a 25 year old leftist being able to buy a flat (and pay interest, of course, since they'll need a mortgage).
Now that I think about it, it's really the banks that would come out on top more then anyone here. A whole generation of new debtors paying off 25 year loans.
That’s the cost of living their entire lives on easy mode for boomers, who fuckin cares if they don’t get to maximize profits off of their house? They’re the ones who decimated the economy, and they’re all on their way out in about a decade, so if it means they have to lose a little bit of profit just so other Americans can actually afford a home, so be it. It’s not like they’re going to finish off life homeless, but for the younger gen’s, plenty of them are already homeless because of the situation we were put in.
I'm not a boomer, have a home and it's paid off - causing real estate prices to plummet is effectively forcing me to subsidize a 25 year old leftist being able to buy a flat (and pay interest, of course, since they'll need a mortgage).
Now that I think about it, it's really the banks that would come out on top more then anyone here. A whole generation of new debtors paying off 25 year loans.
In 30 years, shit is going to be so expensive that they're gonna be saying you went through life on easy mode too.