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by wakawaka28
177 days ago
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>I watched my late Gen-X and Elder Millenial seniors swoop up cheap houses post recession for cheap rates then flip and sell them and go remote in cheap locations. This may be true but many just a few years earlier lost everything. The people who bought houses cheap were the ones who saved diligently just like you may be doing, who had money to take advantage of an opportunity. I was not one of these lucky ones but I can't fault people for making good financial decisions. If you want to be pissed at anyone, be pissed at the ones who bought houses they obviously couldn't afford, and the people behind the exorbitant loan issuances for overpriced houses. THAT is what we will ultimately suffer for. Not someone buying a house that they can afford at a time when everyone is desperate to get money. |
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