The immediate divestitures will tank home values, which will suck for boomers hoping their home will be their retirement account, but it will be a boon for new homebuyers everywhere. Rents will come down to earth, home values will realign with reality, and interest rates can do whatever they need to do to correct the decades of absurdly cheap money.
It would really hurt the older home owners but if we also had a well funded social security safety net then maybe older home owning Americans wouldn’t be so desperate to keep housing prices high.
You know use the tax money to help others that aren’t billionaires
The immediate divestitures will tank home values, which will suck for boomers hoping their home will be their retirement account, but it will be a boon for new homebuyers everywhere. Rents will come down to earth, home values will realign with reality, and interest rates can do whatever they need to do to correct the decades of absurdly cheap money.
It would really hurt the older home owners but if we also had a well funded social security safety net then maybe older home owning Americans wouldn’t be so desperate to keep housing prices high.
You know use the tax money to help others that aren’t billionaires
Almost like all of our problems are interconnected to rich people somehow…
Eat the rich and use their bones for fertilizer.