So, when Boomers finally die, who will get all the houses? I suppose...

>reverse mortgage so houses go to Jews
>forcible redistribution of houses so wealthy pajeets and poor pacos all get a house at a 50% discount for being non-white

I love zillow and real estate threads. They're so comfy. Post comfy houses, frens.

Stupid nigger. The population is gonna increase thanks to immigration, which will lead to increasing demand for housing

real estate is just getting consolidated. landlords will own 95% of the homes in a decade

I will add to this with my own personal experience, interesting difference between generations

Moms side:
>Grandparents born in the 30s
>Had 9 kids
>Grew up poor but hard working, Grandmother stayed at home but eventually became a teacher and worked until she was in her 70s
>Volunteered a lot in local community helping the poor etc...
>Always wanted to be involved in my life, loved all their children and grandchildren
>Never had fancy shit, always prioritised visiting family even when they lived across the world
>Left a modest inheritance to a large family that loved them dearly

Dads side
>Grandparents born in baby boom
>4 kids, raised fairly poor as well
>Grandmother never worked ever
>Grandad worked military (peace time), retired at like 50 on a pittance/pension
>Owns a boat, ATV, all sorts of stupid shit, only spend time/money on new era pentacostal church
>Could never be bothered being involved in my life, parents had to make it all happen
>Because they retired early they are always complaining about money, never come visit unless we pay
>Havent worked in like 25-30 years, Dad had to join military to pay for college and become something
>Other kids are fuckups
>Still plenty of life left, they will burn through the money before they die

History will forget them. It's not like they did anything great.

Sliver tsunami check it out its real but isolated to only some markets

marketwatch.com/story/these-housing-markets-will-feel-the-biggest-impact-from-the-silver-tsunami-2019-12-02

I put my first offer down on a house recently. Escalation clause with my max offer at $25k over the asking price. Didn't get the house, my realtor said they accepted an offer at a lower price from a buyer who chose to waive inspection. This shit is nuts, do I really gotta pay $30k over the asking price AND waive inspection?

Fuck waiving an inspection, just asking for trouble

Cant waive unless youre cash buyer

I only have 2 Boomer relatives that really piss me off. They were both born into money, had a successful business handed to them, and have never been out in the real world. The one is old and bitchy with no children. There was a handsome man that really loved her when she was in her 20's but she fell for the "I thought I could do better, now I'm old and alone" meme. Now she has no friends. The other one is a piece of shit too, so she married an ambitious prick that just used her for her money so he could start his own business. Both of their kids are teenagers now, and he's just waiting until the one kid turns 18 in a few years so he can divorce her. He's at the point where he's so done that he doesn't even give a fuck if she takes half of his shit. He just wants out. It's actually really entertaining watching the two of them argue and try to hold the marriage together because I hate both of them. Kek

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Apparently waiving inspection is common in my city lately. Houses selling in 3-7 days on average. What a nutty time for me to try to get my first house. I could try to wait it out, but what if this is just the way the real estate market is evolving towards?

I live in CA and still live at home with my parents since I'm going to inherit the house when they pass. Why the fuck should I move out and waste money renting a room or apartment?

Me and my brother get my parents house. We will sell it.
Nothing for you to concern yourself with as you will not be able to afford it.

>So, when Boomers finally die, who will get all the houses?

People with tons of money

I dont understand this scam?
I would NEVER buy a house without and inspection.

That's fine, just don't sell it to foreign chinks.

niggers
not even joking

Ditto. Feel bad (but not that bad) for poorfags I guess.

They cant let rich people ever take a loss by ever letting you have life changing shit cheap.

SeeFPBP

>If they have a will
Their loved ones

>If they don't have a will
The state, which in turn means banks

Forgive your parents.
Learn from their mistakes.
Be the change you wanted them to be.
Create generational wealth.
If you don't plan to have a family or children then benefit your blood relatives.
Keep money within your family.
You won't die alone.
You won't die in vain.

fuck they stll plan to live another 17 years?

How is that handled?
A decent solution might be putting any houses that fall under gov ownership up for auction for which only US citizens are eligible.
Something tells me that's not how it's handled in real life though...

Incidentally, this is why it's critical to buy Bitcoin now. There are only three valuable assets in life that are hard-capped: time, real estate, and Bitcoin. Getting in early on digital scarcity is like buying a piece of coastal land in California in the early 1900s. Get there before the masses and you've made it, fail to do so and you'll want to kill yourself.

move to florida
>By 2037, one out of every three homes in our metro area will have sold because an owner aged 60 or older died, downsized or left some other way, Zillow found. That placed us tops among 59 large cities in the study. Tucson, Ariz., ranked second. Miami and Orlando filled out the top four. Jacksonville placed 23rd.

Attached: Screenshot_2020-09-14 When Baby Boomers die, their homes hit the market Nowhere more than Tampa Bay .png (704x337, 27.47K)

list

Attached: Screenshot_2020-09-14 When Baby Boomers die, their homes hit the market Nowhere more than Tampa Bay (2).png (800x856, 195.57K)

>So, when Boomers finally die, who will get all the houses?
Most of them have re-mortgaged them so all they'll leave behind is debt. The banks will get them.
Boomers are like locusts, they leave nothing behind.

Seems more like capital flight/storing money instead of living in it. If its just a vehicle for your money to hide in why care about the inspection? That or they are just rich as fuck and will knock it down anyway. Being a first home buyer is fucked these days, you are competing against some serious craziness

>crash the markets
>all the boomers who were depending on 401ks and pensions get nothing
>have to refinance their mortgages to turn their built up home equity into purchasing power
>die
>new estate tax law raises rates to 10% and doesn't let you deduct the cost of debt associated with the asset
>millenials now have to either pay so much that the house isn't worth it (for the privilege of taking on their parents' debt) or let the house go to the bank
>nothing personnel kid

>hyper-individualist to the last
Sounds pretty based desu
Wait and see, us millenials are going to make boomers look like love-filled socialist hippies once we start taking over the institutions. Zoomers are too caught in the high empathy collectivism trap to ever make it, Gen X are too indifferent and lazy.... Millenials are a different breed. We're full on schizophrenic, narcissistic with divine understandings and a sociopathic ability to adapt to any situation. We lived through the end of the offline world and the start of the online world.
We. Will. Run. Everything.
And when we do, we'll do it all for our own self interest.
Millenials
.. Fuck yeah.

It's chinks parking their ill gotten money, they don't even care what condition the house is in and they don't even care about paying 20% over asking price.

Whoever made foreign ownership of american property legal was a traitor to the USA.