Now the only people who can afford boomer McMansions are boomers who all don’t want to buy those but downsize instead.
Downsized housing is in the same type of homes first time home buyers also want, which is almost universally NIMBYed into oblivion, so now these downsized homes are a lot more expensive for what you get and there aren’t nearly enough of them.
How boomers figured that them being the largest cohort, all owning giant homes, and all planning on selling them to smaller and smaller generations of people who’ve been largely locked out of home ownership would work for them is beyond me. Well they made that bed so I guess they get to sleep in it now.
You know it’s bad when the Etsy home page has “sell home fast find buyers spell $15” as like the third promoted product from a witch in Minnesota.
Now the only people who can afford boomer McMansions are boomers who all don’t want to buy those but downsize instead.
Downsized housing is in the same type of homes first time home buyers also want, which is almost universally NIMBYed into oblivion, so now these downsized homes are a lot more expensive for what you get and there aren’t nearly enough of them.
How boomers figured that them being the largest cohort, all owning giant homes, and all planning on selling them to smaller and smaller generations of people who’ve been largely locked out of home ownership would work for them is beyond me. Well they made that bed so I guess they get to sleep in it now.
You know it’s bad when the Etsy home page has “sell home fast find buyers spell $15” as like the third promoted product from a witch in Minnesota.