The most prestigious law school admissions discussion board in the world.
|
 |
 
|
Baby Boomer's in Retirement: Buying Bigger Houses (WSJ)
Poast new message in this thread
Date: July 17th, 2026 7:43 AM Author: turquoise jew ape 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: Misanthropic citrine kitchen mad cow disease 180 (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2~#50005789) |
|
Date: July 17th, 2026 7:44 AM Author: turquoise jew ape 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. |
 |
Date: July 17th, 2026 7:45 AM Author: turquoise jew ape “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. |
|
Date: July 17th, 2026 8:14 AM Author: cracking corner pistol Hopefully someone is already digging the hole (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2~#50005859) |
|
Date: July 17th, 2026 9:01 AM Author: abusive nowag ratface UR terms are acceptable (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2~#50005913) |
|
Date: July 17th, 2026 7:50 AM Author: Trip ladyboy tanning salon >with space for the commercial meat slicer that Victor uses to cut a leg of prosciutto at family events.
tsinah |
|
Date: July 17th, 2026 8:18 AM Author: cracking corner pistol 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 |
|
Date: July 17th, 2026 8:38 AM Author: crimson goyim 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.
|
|
Date: July 17th, 2026 12:47 PM Author: cracking corner pistol You don't know what kind of extended family values they've instilled until they're unable to care for themselves. And in any case, my comment about wealth wasn't about current wealth. It was about the explosion of scams and leverage that are going to hollow out a significant amount of expected inheritance
Quick example: my mom got a "Microsoft" popup about a virus and called the number for tech support. She gave them her credit card number and let them remote in to her laptop. If she had any wealth to steal, they probably would have done so. Tons of other olds are doing even dumber shit like sending money to online love interests and or IRS agents who are in desperate need of Walmart gift cards. And this doesn't even touch the "reverse mortgage" shit they're all being constantly pressed to take out |
|
Date: July 17th, 2026 9:06 AM Author: Painfully Honest Space 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~#50005924) |
|
Date: July 17th, 2026 11:51 AM Author: turquoise jew ape The sample size is limited to customers using private bank services, lol. (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2~#50006293) |
|
Date: July 17th, 2026 12:10 PM Author: Supple Alpha Juggernaut It doesn’t matter if they’re upsizing or downsizing! All that matters is that they keep transacting and refinancing until they’re all dead and gone.
—Realtor’s Association Communications Director in a moment of drunken candor at your 4th of July BBQ in Chevy Chase |
|
Date: July 17th, 2026 12:22 PM Author: Supple Alpha Juggernaut “Don’t forget redecorating!!!”
—Alyssa Chiu-Feldman, Senior Director of Member Relations for the American Homes Furnishing Alliance, chimes in brightly |
|
Date: July 17th, 2026 12:35 PM Author: Trip ladyboy tanning salon Uuungh (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2~#50006445) |
|
Date: July 17th, 2026 12:25 PM Author: flickering stead yes, i think some people are doing this in their sixties but realizing a few years later that it's too much house. also, sometimes their kids and grandkids aren't visiting as often and maintaining a home where you only use 10% of the square footage is crazy. (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2~#50006409) |
|
Date: July 17th, 2026 12:14 PM Author: beady-eyed cyan main people I hate Boomers but this doesn't bother me because they are the only group retarded enough to buy these stupid Fake Mansions. No one with taste wants them. (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2~#50006376) |
|
Date: July 17th, 2026 12:27 PM Author: Narrow-minded athletic conference whorehouse it takes up double the lot where 2 homes for families could be.... but instead makes that family drive even further for work/things (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2~#50006415) |
|
Date: July 17th, 2026 12:16 PM Author: unholy pungent plaza my parents built a house 2.5x the size of the one we grew up in. for two of them. I think they secretly dream that we will move in to that house when they die. (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2~#50006379) |
|
Date: July 17th, 2026 1:16 PM Author: turquoise jew ape Twist: you’ll have no other option (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2~#50006577) |
|
Date: July 17th, 2026 12:24 PM Author: Narrow-minded athletic conference whorehouse Boomers are such faggots. I know many like this.
I am looking for a home for my family of 5 and I honestly want 2k to 2.5k sq feet. Once I hit 2.5k sq feet, if I want more expensive, give me a better location.
5k for 2 people. I guess its cheaper than a divorce? |
|
Date: July 17th, 2026 12:33 PM Author: Narrow-minded athletic conference whorehouse Again, every other culture they would go for a more expensive house by getting a nicer location, a view, etc.
American boomers, give me more sq feet! |
|
Date: July 17th, 2026 12:36 PM Author: flickering stead it's also short sighted because a lot of these people won't be able to drive in 10 years. finding a place that's walkable or close to transit would be a much better idea (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2~#50006450) |
|
Date: July 17th, 2026 12:41 PM Author: Narrow-minded athletic conference whorehouse to be fair, jews have made places that are walkable/close to transit unlivable due to their preference to allowing minorities to commit crime at will with no consequences.
they should just get a view with a smaller home |
|
Date: July 17th, 2026 12:43 PM Author: flickering stead lol, you sound like a scared pussy who lives in the burbs and won't drive downtown (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2~#50006491) |
|
Date: July 17th, 2026 12:44 PM Author: Narrow-minded athletic conference whorehouse i live in mexico city friend. before that montreal, bangkok, medellin.... (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2~#50006497) |
|
Date: July 17th, 2026 1:17 PM Author: turquoise jew ape (Whore connoisseur) (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2~#50006579) |
|
Date: July 17th, 2026 1:18 PM Author: Narrow-minded athletic conference whorehouse fair (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2~#50006581) |
|
Date: July 17th, 2026 5:33 PM Author: Misunderstood genital piercing (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2~#50007058) |
|
Date: July 19th, 2026 2:12 PM Author: valar vettiri morghulis (http://www.autoadmit.com/thread.php?thread_id=5883452&forum_id=2~#50010077) |