The Picard ManeuverEverything wants me to pay rent
MrJameGumbI don’t see how that’s a “boomer” complaint lol I’m a millennial and don’t know anyone that’s excited to pay monthly fees for something they already bought
ZMoneyIt’s because a lot of boomers own their homes and the concept of rent is foreign to them.
I really don’t understand why people call themselves homeowners when they are paying off a 30 year mortgage.
Feels like rent with extra steps.
I mean it depends on whether they actually pay it off. Many boomers were able to leverage the explosion in housing prices into paying off their cheap mortgages ahead of time. The boomer success metric is actually based on this principle. Buy a $150k house in 1998. Sell it in 2018 for $450k. The mortgage is irrelevant.
The obvious problem with this is that it completely fucks over the next generation.