▲ 99 ▼ Millennials own less than half the real estate wealth of boomers—can they catch up? (creditnews.com) submitted 2 years ago by RealWarrenBuffett@lemm.ee to c/news@lemmy.world 40 comments fedilink hide all child comments
[–] givesomefucks@lemmy.world 3 points 2 years ago (1 child) We need to normalize retirement communities. The last thing I want to fuck with in old age is maintaining a house. We need "condo subdivisions" close to supermarkets and other amenities. I have no idea why a 70 year old wants to deal with home ownership permalink fedilink source parent hideshow 2 child comments replies: [–] Duranie@literature.cafe 4 points 2 years ago I work in hospice and regularly visit independent and assisted living facilities. Some are set up like duplexes, some are condo/apartment style. The costs of these facilities can be insane. One of the cheaper independent facilities I was seeing a patient in was charging just over $6000 month for a one room studio. Yes, utilities were included with basic basic cable channels. permalink fedilink source parent
[–] Duranie@literature.cafe 4 points 2 years ago I work in hospice and regularly visit independent and assisted living facilities. Some are set up like duplexes, some are condo/apartment style. The costs of these facilities can be insane. One of the cheaper independent facilities I was seeing a patient in was charging just over $6000 month for a one room studio. Yes, utilities were included with basic basic cable channels. permalink fedilink source parent