Comments by "Doncarlo" (@doujinflip) on "Boomers Own Half of U.S. Wealth. So Why Are We Seeing More Homeless Boomers? | WSJ" video.

  1. American seniors already have a relatively generous safety net, compared to children and young adults. It’s more productive to support the youth because that return on investment multiplies over the rest of their taxpaying lives, and those increased earnings mean increased tax revenue to fund for senior benefits.
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  2. Seniors weren’t exactly selling out before interest rates took off. It’s not a Democrat issue, it’s one of corporate libertarianism narrowing your choice to either stay home, or spend your equity and life savings on terminal living services.
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  3. The wealth will go to corporations due to institutional home buys spent on institutional terminal life services. Anyone born later are at the whims of what private equity firms and other corporate homeowners slowly release for sale.
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  4. Right, largely Boomer NIMBYs love to vote down housing developments and public transit projects to save their massive home equity and the “character” of their car-centric migrant-free neighborhood.
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  5. Now if only incumbent Boomer NIMBYs didn’t constantly vote down those dense housing developments and public transit projects that would increase the accessibility of new homes, fearing the impact on their paid-off equity and “character” of their car-centric migrant-free neighborhood.
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  6. If you knew what migrant crossers were holed up in, you’d understand why the homeless would rather stay out on the streets where at least they’re free.
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  7. Boomers have and for now continue to dominate politics that enabled the corporate raiding of our society, hoping that “trickle down” would somehow make a wave of wealth they could surf into the sunset.
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