Boomers Will Be Shocked That Their House Is Not An Asset
Published on HivePostify by @builderofcastles · Thu Aug 27 2026
The housing market is in a very precarious position.
People are screaming for housing. House builders are screaming for buyers.
Right now, today's tract house is selling for less that last year's tract house. Really not good for your housing development. Even worse for the people who paid everything to get into a mortgage last year. And this is with the developer paying for all kinds of upgrades like granite countertops.
Everyone who has to sell, is dropping their prices, and then dropping their prices again. If not, the house is staying on the market a year.
This is the market that the largest generation is going to try selling their houses into.
Many boomers are planning to rely on their houses being their retirement cushion.
And, everything is about to fall apart on that plan.
The imaginary world of baby boomers
The home owning baby boomers are about to run smack dab into the chickens coming home to roost, and the ducks, and the quail and the geese, to extend a metaphor.
These boomers think they have made it, by their own efforts. And they look at the later generations complaining about not having a house, and think, they are all all just lazy.
They aren't lazy, there are just no $70 / hour minimum wage jobs. Wages have not kept up with asset inflation. And this means that housing prices are about to crash big time AND there will be no buyers to buy the boomer's houses, even if they mark them down 50%.
Further, with boomers owning 25% of the houses, the market is going to be flooded. There will be more houses available that there are people who want houses.
And the real kicker, is that there aren't enough retirement homes. Not enough care facilities.
People have been hearing lots about care facilities that do not care much for their patients. Stealing from them, not bathing them, not even getting them to the potty in a timely matter. This is tragic and bad. However, the boomers won't even have this level of care. There just isn't enough nurses. There isn't enough facilities. Medicare squeezed them all, and now they are no more.
So, the boomers plan to sell their homes, to no one, so they can move into non-existent care facilities.
Real estate dies with the boomers
Housing prices stay high because there was careful balance between buyers, empty houses and interest rates.
The available housing supply has to be kept below the number of available buyers, else the value of a house no longer goes up. When the number of houses is larger than the number of people who want a house, houses start becoming empty. When there is an empty house, its price goes down. When there are too many empty houses, people just start moving into them. Why pay when there are empty houses everywhere?
And this is what has started to happen.
People are leaving the cities. Jobs are laying more people off. Food is going to become scarce. The "immigrants" will be leaving, and leaving a lot of places empty. And then the boomers go and move out of their houses.
There will be so many empty houses and no one to buy them.
The financial picture
The house now sits at $1,000,000 valued price.
This requires the newest generations to have a high paying job AND a low interest rate to afford buying it.
The people who could afford to live anywhere, are moving elsewhere.
There are very few qualified buyers, and so, we are just waiting for the house of cards to fall. If people start failing on the mortgages then the banks have to get the house back fast, and resale it fast. Neither of which will happen. And so the small banks will start going under. And then commercial real estate failures will take out the medium sized banks.
With the smaller banks gone, there will be just a few banks that can provide mortgages. And they will be VERY picky. Because everyone else died from mortgage failures.
Basically, houses will have to start selling for what people can pay for in cash. The poor in the slums of major cities will decide to buy groceries, lottery tickets and smokes. They will not care about home ownership. The backlog to get someone evicted will be years long. So, just move into an empty house. Which there will be lots of.
And this will destroy the banksters' plans to get all the houses and rent them forever. Because those who could afford to pay, left the cities. And the ones who stay in the cities will not respect property rights.
Basically, the finance structure collapses because the financial system destroyed its foundations.
The boomer wealth is very imaginary. All of it will be gone so fast.
The stock market, which is flying high on printed money, will shut down from discovered fraud. If it doesn't collapses into oblivion before we get there.
The bond market is getting rocked daily. Soon it will be rekt.
And the housing market will be pushed over the edge by boomers trying to get any money out of their houses.
The boomers who have houses and retirement accounts believe they are sitting pretty. But, it is all an illusion. And avoiding this will be mentally impossible for most boomers. So, the crash is coming, the train is about to jump the tracks and there is nothing most people can do except watch it happen.
All images in this post are my own original creations.
Tags: #housing#boomers#realestate#collapse#leofinance