Comment by dragonwriter
Comment by dragonwriter 2 days ago
59 year olds were born in 1966, so the average homebuyer is from Gen X, not a Boomer.
Comment by dragonwriter 2 days ago
59 year olds were born in 1966, so the average homebuyer is from Gen X, not a Boomer.
Well, since 1980, the median age in the population has also increased by about a decade, which is a significant (but not a majority) contributor to this.
I'm sure Ol' John is no player when we compare how much investment funds have being pushing to buy homes. Around here, you can't even bid for a small apartment. They get sold to the folks before they start. Paying flat taxes on hundreds of properties doesnt make sense. They don't contribute to generate more jobs. They just replace the buyer and charge extra money that could have be reverted to other expenses that would create a healthier economy by diversity.