16 Sep 2025 4:14 am
Kids or heirs sell those off companies like BlackRock and Hedge Funds..Cannonpointer » 15 Sep 2025, 8:58 pm » wrote: ↑ That was a mouthful.
The boomers are dying, and half of them have their own homes and vaction homes. The illegals are leaving. We have a housing unit for every 2.1 people - a lower percentage of people per home than any country I can find (I've checked ireland, england, and italy).
I think the big problem is how many homes are owned by corporations using them as air b and b's.
We are over-built and under-utilized.
Many end up as Section 8 housing this is also how many neighborhoods decay too
Starts with afew ghetto families get in start seeing the cops alot more then others sell to get out too move farther away..
Even more sinister in the thick of "Great Ressession" they boarded em up kept em vacant just to lower supply and increase prices