this post was submitted on 04 Nov 2024
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A Boring Dystopia

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[–] Buelldozer@lemmy.today 12 points 1 week ago (2 children)

Homes are wildly unaffordable for nearly everybody! In the last decade literally hundreds of homes have been built in my town that sell for over $500,000. I want to know who the hell is buying them and how the hell they are affording them!

I have no idea how my son, who is 24, is going to buy a home of his own and at this point I'm wondering if I should sell my current place for a compound with enough space that I can turn into a multi-generational place so I can leave it to him and his family when my wife and I die.

I want to know who the hell is buying them and how the hell they are affording them!

Blackrock and other investment firms.

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