Replying to Avatar π•žπ•ͺ𝕑𝕒π•₯𝕙π•₯π• π•—π•šπ•£π•–

Message From Boomers:

Everyone please pull yourself up by the bootstraps and work harder. My retirement isn't going to pay itself.
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ppatel 3mo ago πŸ’¬ 1

It’s not just boomers, it’s all nocoin home owners who are relying on a capital gain to downsize for retirement. Some are veering towards to gold but it won’t be enough to

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π•žπ•ͺ𝕑𝕒π•₯𝕙π•₯π• π•—π•šπ•£π•– 3mo ago πŸ’¬ 2

Its all coming to a crescendo. The last of the Boomers retire in the next 5 years.

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ppatel 3mo ago

I reckon if you bought a home before 2006 and/or got a rental you going to cling to high house prices and be changing the working hard mantra

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π•žπ•ͺ𝕑𝕒π•₯𝕙π•₯π• π•—π•šπ•£π•– 3mo ago πŸ’¬ 2

The whole world thinks house prices should be high and huge premiums. Much of the debt is maturing, so they need plenty of new debt soon if they gonna keep the scam going.

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inpc 3mo ago

Take out a loan on getting a loan or something…

Currently there’s no real mechanism for getting under 18s into debt, maybe increase play school fees. Gotta be a way for kids to rack up some debt before going to university .