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Baby Boomer's in Retirement: Buying Bigger Houses (WSJ)
| valar vettiri morghulis | 07/17/26 |
| .,.,.,.,.,...,.,,.,,.....,.,..,.,,...,.,.,,...,. | 07/17/26 |
| valar vettiri morghulis | 07/17/26 |
| valar vettiri morghulis | 07/17/26 |
| Fucking Fuckface | 07/17/26 |
| married into a shame based culture | 07/17/26 |
| ...,,..;...,,..,..,...,,,;.., | 07/17/26 |
| Fucking Fuckface | 07/17/26 |
| Charles Tyrwhitt Dad | 07/17/26 |
| Die Hard 2: Die Harder | 07/17/26 |
Poast new message in this thread
Date: July 17th, 2026 7:43 AM Author: valar vettiri morghulis LMFAO, these motherfuckers went from 2k sq ft to 5k
https://www.wsj.com/economy/housing/baby-boomer-home-sales-real-estate-879614be |
Date: July 17th, 2026 7:44 AM Author: .,.,.,.,.,...,.,,.,,.....,.,..,.,,...,.,.,,...,. 180 (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2\u0026hid=#50005789) |
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Date: July 17th, 2026 7:44 AM Author: valar vettiri morghulis Angela and Victor Martino raised their two daughters decades ago in a ranch house measuring less than 2,000 square feet. The empty-nesters recently bought the 5,000-square-foot house next door.
After a year-long renovation, the Denair, Calif., home has a huge kitchen with space for the commercial meat slicer that Victor uses to cut a leg of prosciutto at family events. There is a playroom with polished concrete floors meant to withstand damage from their seven grandchildren. The primary bathroom tub has features to help them get in and out more easily as they get older.
“We’ll downsize when they plant me 6 feet into the ground,” said Victor, 64.
Well-off boomers are increasingly upsizing their homes as they age, either buying bigger ones or financing additions to their existing properties. They are building guesthouses for family members and gourmet kitchens for entertaining, alongside such features as high-end grab bars and first-floor primary bedrooms for aging in place.
In the process, they are rewriting the rules of retirement and aging, when people are expected to move into smaller homes to save money.
Boomers make up the largest share of home buyers in the U.S.—an aspect of a housing market that is out of reach for younger buyers, but well within the economic powers of an older generation that controls the bulk of the nation’s wealth. Downsizers account for a slightly larger share of older home buyers, but the upsizers are quickly gaining momentum. About 7% of buyers ages 61 to 70 said the main reason they chose their new home was because they wanted more space, up from 4% for that age group in 2016, according to the National Association of Realtors.
The practice is even more common among affluent people. This generation’s considerable wealth is making upsizing possible. Baby boomers and those who are older hold around $110 trillion in total wealth, far more than younger Americans. Many bought homes and stocks decades ago and have benefited from the appreciation of those assets.
This year, eight of the clients of Merrill Lynch financial adviser April Tardiff retired. Every single one of them upsized. Only one client has downsized in the past five years. |
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Date: July 17th, 2026 7:45 AM Author: valar vettiri morghulis “We’ll downsize when they plant me 6 feet into the ground,” said Victor, 64. “We’ll downsize when they plant me 6 feet into the ground,” said Victor, 64. “We’ll downsize when they plant me 6 feet into the ground,” said Victor, 64. “We’ll downsize when they plant me 6 feet into the ground,” said Victor, 64. “We’ll downsize when they plant me 6 feet into the ground,” said Victor, 64. “We’ll downsize when they plant me 6 feet into the ground,” said Victor, 64. |
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Date: July 17th, 2026 8:14 AM Author: Fucking Fuckface Hopefully someone is already digging the hole (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2\u0026hid=#50005859) |
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Date: July 17th, 2026 9:01 AM Author: married into a shame based culture UR terms are acceptable (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2\u0026hid=#50005913) |
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Date: July 17th, 2026 7:50 AM Author: ...,,..;...,,..,..,...,,,;.., >with space for the commercial meat slicer that Victor uses to cut a leg of prosciutto at family events.
tsinah |
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Date: July 17th, 2026 8:18 AM Author: Fucking Fuckface As much as I rail against fraud here at home, there will be some amazing lulz when these boomers get scammed or leverage their assets to the hilt in the run-up to their deaths, leaving JACK FUCKING SHIT to their dumbfounded heirs who mindlessly scraped by in life on the presumption of a seven or eight figure inheritance
Jeet scammers are going to run off with America's legacy wealth because we've destroyed extended family values here in America, and it's fucking hilarious |
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Date: July 17th, 2026 8:38 AM Author: Charles Tyrwhitt Dad Don't be silly. Boomers are rich. Anyone who had a good net worth and retirement accounts in 2020 is significantly richer now, which doesn't apply solely to Boomers but because of their age they were the best positioned.
The couple in the WSJ seems to be supporting extended family values well by having a house big enough to host all seven grandkids and big family events, which they explicitly talk about in the article.
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Date: July 17th, 2026 9:06 AM Author: Die Hard 2: Die Harder This article was authored by the realtor's association of america. I dont think this is happening quite as much as they claim. Yes I have seen some wealthy boomers do this but once they see how inflation is for a couple years some have scaled back again (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2\u0026hid=#50005924) |