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E Dennis
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Comments by "E Dennis" (@edennis8578) on "What Happens To The Real Estate Market When All The Boomers... Die?" video.
@shaunrosenberg4568 The baby boom generation was 1946 to 1964, so the youngest baby boomers are 60 years old. Most boomers are retired or dead.A lot of people use the term Boomer to mean anyone they think is old, anywhere from 50 to 110, but I don't think that's what we're talking about.
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@timberwolfe1645 Sure, and the child who was the caregiver ends up with nothing to live on in their older years because they spent 10 or 15 years of their life taking care of their parents with no compensation. They impoverished themselves with no hope of a decent life in their old age. Wonderful.
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@JS-po8oc Not a bad idea, but how do make sure that the buyer isn't a flipper? Someone who's going to buy it and turn around and sell it to whoever is willing to give them the most profit? Some of the flippers don't even bother to do any improvements; they just want a quick buck.
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@kindenigma4119 I never voted for a Democrat in my life. Democrats USED to be the party of the little guy, but that was 90 years ago. Now they've thrown the poor and middle class under the bus in favor of an open border, letting in millions of people who, and I know this from experience in my state, take what used to be the good paying unskilled jobs. Take the meat-packing industry; those jobs paid $18 to $38 per hour in the 90s. Then the governor, a Democrat, trucked in thousands of Mexicans to work at those plants. The wages dropped to $8 an hour and the towns, without the well-paid workers, turned into slums. The Mexicans lived 8 or 9 men to an apartment and didn't spend their money; they sent home every spare cent. There was nothing left to support the businesses in town. That's how modern Democrat policies work.
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