Laureltess t1_iu4o2jl wrote on October 28, 2022 at 3:00 PM

Reply to comment by TurnsOutImAScientist in ‘A 24-hour neighborhood’: Wu outlines plans to bring downtown Boston back to life - The Boston Globe by TouchDownBurrito

A few months ago there was an article where a bunch of retirees were complaining that they had nowhere to “downsize” to because all the small houses were bought by developers and demolished, and they refuse to live in apartments, so they’re refusing to sell their family-sized houses. They’re complaining about a problem THEY created, and the rest of us suffer because retirees don’t want to live in anything but unattached homes.

TurnsOutImAScientist t1_iu4zsdg wrote on October 28, 2022 at 4:19 PM

And then when the median baby boomer has died of old age in a couple of decades, the younger generations won't have built as much wealth and won't be able to compete with corporations attempting to shift the country from individual homeownership to renting.