This is true....my parent own 5 homes. 4 of them are rentals. All in Utah.

Report problem with this ad

May 12, 2021
10:18:33am

JohnnyC Contributor

Us kids will sell them when they pass on. They are 65 right now.

Report problem with this ad

JohnnyC

Previous username: DumBass
Bio page: JohnnyC
Joined: Aug 13, 2019
Last login: Apr 24, 2024
Total posts: 12,036 (372 FO)

Report problem with this ad

Messages

Author

Time

All this talk about inflation has got me thinking about housing prices

Hotlanta

5/12/21 10:03am

Live with your parents until you're 45, problem solved

mwcoug

5/12/21 10:05am

Will multi-generational housing become the norm in the future?

Hotlanta

5/12/21 10:07am

Supply and demand will correct it.

Chester Copperpot

5/12/21 10:05am

Then next step is more likely a 40 year mortgage than a drop in prices tho

Heath Squashwell

5/12/21 10:07am

Yeh, the change has already been happening. It's become home leasing, not home ownership.

CSoul

5/12/21 10:08am

That doesn't bode well for younger generations' ability to develop wealth

Hotlanta

5/12/21 10:28am

Monthly payments have not gone up as much as housing

cougarfann888

5/12/21 10:09am

I’m skeptical of the numbers you estimated.

05COUG

5/12/21 10:11am

Super long term we are going to have a glut of supply.

rad dawg

5/12/21 10:13am

This is true....my parent own 5 homes. 4 of them are rentals. All in Utah.

JohnnyC

5/12/21 10:18am

You will be living in the Millennium, no worries.

Y'sWoody

5/12/21 10:16am

The real cost of home ownership has dropped since 2000:

molodyets

5/12/21 10:16am

The market will tank once the rent and eviction moratoriums are lifted.

slowhiteguy

5/12/21 10:17am

No they won’t... they may level off or even go down a tad but I doubt anything

Posting on CougarBoard