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Topic: OT - Grumpy Old Man Thread

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Riffraft

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Re: OT - Grumpy Old Man Thread
« Reply #1932 on: Today at 06:28:05 PM »
aka people respond poorly to having their BS called out  :57:
Ok pot

Honestbuckeye

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Re: OT - Grumpy Old Man Thread
« Reply #1933 on: Today at 06:54:40 PM »
You're a disgusting hoarder. 
Mic drop!
Get your facts first, then you can distort them as you please.
-Mark Twain

betarhoalphadelta

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Re: OT - Grumpy Old Man Thread
« Reply #1934 on: Today at 07:51:41 PM »
And never have I seen boomers who didn't care greatly about the broader community, or "hoarded" their "wealth."

Those things are just garbage.  Kind of the opposite of the truth from what the data suggests and what I have seen.
Very few people of any generation have enough wealth that trying to hang on to it could ever be described as "hoarding". 

But there are other things... For example, buying a single family home and then suddenly becoming a NIMBY opposing further local development because you don't want to "change the character of your community". It's 100% rational. It's actually quite rational, because if that development lowers your property values, why in the HELL would you vote for it? 

But it ends up restricting supply, leading to overall real estate value inflation, and screws the generation(s) behind you. It's an individually rational decision that, writ large across the entire real estate market, slowly makes it more and more difficult for those behind you to have the same opportunities you had. 

MrNubbz

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Re: OT - Grumpy Old Man Thread
« Reply #1935 on: Today at 08:03:32 PM »
Lulz. Your panties are in a wad.
and soiled and no one wants him on the merry-go-round on recess either
"Always do sober what you said you'd do drunk. That will teach you to keep your mouth shut." - Ernest Hemingway

Honestbuckeye

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Re: OT - Grumpy Old Man Thread
« Reply #1936 on: Today at 08:04:33 PM »
Very few people of any generation have enough wealth that trying to hang on to it could ever be described as "hoarding".

But there are other things... For example, buying a single family home and then suddenly becoming a NIMBY opposing further local development because you don't want to "change the character of your community". It's 100% rational. It's actually quite rational, because if that development lowers your property values, why in the HELL would you vote for it?

But it ends up restricting supply, leading to overall real estate value inflation, and screws the generation(s) behind you. It's an individually rational decision that, writ large across the entire real estate market, slowly makes it more and more difficult for those behind you to have the same opportunities you had.

And not at all tied to, or unique to Boomers. 
Get your facts first, then you can distort them as you please.
-Mark Twain

 

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