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Why is the number of first-time US homebuyers at a generational low?
(www.theguardian.com)
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this post was submitted on 13 Jul 2025
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I watched my own father illicitly borrow millions of dollars by bullshitting other rich boomers, acquire vast acres of property across the country, promise the family he would pass it all down to us and our futures were set, then have everything taken away by courts as he and and the rest of my family drank themselves to death after snorting away every family assets on cocaine and other drugs.
I lost everything I owned after investing my time and energy into being there for my family and they just crashed out without any accountability to their next generation. Starting over in the middle of my life from nothing. I may never own property of any kind. I probably will never retire.
I feel like it was all just a microcosm view of what's happening broadly. The legacy of the boomer generation is going to be crushing us for a century to come or maybe forever.