Comments by "" (@commonsense6967) on "These People Are Controlling ALL THE REAL ESTATE" video.
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I'm a boomer with 3 grown kids, 2 of whom are married with kids. NONE of them own houses, they rent houses, two of them in ridiculously overpriced cities on opposite sides of the US from me, here in FL. Houses sell for around $800,000 minimum where they are, and even with parental help with a down payment, they cannot qualify for a mortgage in those cities, nor do I really want them to! But they seem happy where they are.Still, they have sort of impoverished themselves by choice, because they could move to much less expensive states and afford to buy. (Not to mention, better states in which to raise and educate their kids.) Still, the two oldest are in their 40's now, so I worry that they will eventually be saddled with a mortgage when they retire! Or worse, still be renters!😮
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