shortages

[Simpleterrier]

We also have to look at the baby boomers they are retiring and passing away. The work force is down why is it cause young people are lazy? Some yes. But there is less of them then the boomers to take their spot. Also how many boomers didn't want to train others. Why cause maybe they would take their job. This is what happened to the trades I saw it happen. I am seeing it happen still. I have way to may examples to write down with other situations. Did COVID start this trend or did it all flow together? The boomers would have and might still over run the nursing homes cause of short staff and to many inmates. So it begins for the next 20 yrs. And yes family.sizes are down. So if you are young and doing ok and a hard worker you'll be alright. If lazy then no. If un skilled then no. I think it's time to stop and look at what the boomer generation has done and created cause we are starting to see the affects. I know some people will get mad I don't mean it offensive. Just stop and think. The 30 yr old still at home playing video games who's to blame the parents or the child.

 

[Hinotori]

Home prices are insane and out of reach. We bought this place for $155k back in 2010. We couldn't afford it now. It's estimated at $500k now.

Even worse is the fact that the apartment we rented before buying was $800 a month then. It's $1600 a month now.

 

[baymule]

This ol’ boomer will hang around awhile longer. LOL

Yes, home prices are stupid high. Land too. I sold 8 acres with a double wide for stupid money. Moved to a poor rural county, bought 25 acres and a double wide for stupid money-for this area. Now I’ll have to spend more stupid money to fence it for sheep and build a barn.

We have galloping inflation, interest rates are going up, the economy will hit the wall. Recession is coming. People who have bought overpriced real estate may be buried in it, unable to sell for enough to pay off the mortgage.

 

[flowerbug]

Home prices are insane and out of reach. We bought this place for $155k back in 2010. We couldn't afford it now. It's estimated at $500k now.

Even worse is the fact that the apartment we rented before buying was $800 a month then. It's $1600 a month now.

and taxes keep going up here based upon that jacked up value. at least they're not going up as fast as they could be, but it's still going to be a challenge for folks on a more fixed income.

 

[Messybun]

I guess it’s going to be time for a more old fashioned way of life. Or at least more like other countries do. Multiple generations living together. Possibly others. There are some advantages. The older are taken care of and can help care for the children while the parents work. Sometimes it works like that at least.

 

[Mini Horses]

. Multiple generations living together

Happening already. Yrs ago it was more the norm, for many reasons beyond just financial. There are pros/cons. 😊

 

[tortoise]

People who have bought overpriced real estate may be buried in it, unable to sell for enough to pay off the mortgage.

yeah, this is where it all falls apart

 

[Trying2keepitReal]

I would love to live in a commune (ity). Anyone wanna join and pool resources and knowledge. Think of our gardens, orchards, fields and livestock!

 

[tortoise]

I would love to live in a commune (ity). Anyone wanna join and pool resources and knowledge. Think of our gardens, orchards, fields and livestock!

My dream too. Like a trailer park or tiny home village with huge lots and a shared "canning" kitchen 😍

 

[Messybun]

Happening already. Yrs ago it was more the norm, for many reasons beyond just financial. There are pros/cons. 😊

See, I’m already ahead of the curve. Still live with my parents.