Nearly half of all baby boomers couldn’t afford their current homes if they were to buy them today, survey finds

7 comments

1. I’ll bet they couldn’t afford their stocks, bonds, mutual funds, ETFs, CDs, etc if they bought them today.

2. That’s probably true of at least half if not more of the homeowners out there. I know I couldn’t afford to buy my house now.

3. I’m a 34 year old and I couldn’t afford to buy my house today.

4. No crap, they are retired.

5. Thats literally the point of investing. You take a smaller amount of money plus time and you end up with a larger return.

6. 61 yrs old..bought my house in 2014…really not to long ago. With that said there is NO way I could afford to buy it at today’s Price. Feel blessed as I am retiring soon and had I not bought my house when I did I couldn’t afford to retire..unless I lived in my van..( My wife loves going camping but not as a way of life) rents are sky high!

7. It’s kind of amazing that massive debts and out of reach housing prices are inflicted on younger generations… and then the media pretend like it is a mystery as to why folks are not having as many kids.