[tdw28210]

Originally Posted by berettafan

He's right about affordability and if you asked me what the biggest immediate domestic threat to the American dream is right at this moment i'd say corporate ownership of housing. Perhaps not exactly what he's *****ing about but who knows.

So as i sit here after 51 years of life, all of the professional years spent in accounting/tax work, I'd say what this kid would benefit from is pointing out the wasteful spending and how it adds up. He would also benefit from being pulled aside and taught some empathy for his coworkers who are probably older and see a college degree as something for rich kids. And of course he should understand no employer wants employees who constantly complain regardless of subject. Teach him the rule of 72 and show him some examples on an investment calculator. That's what todays kids are missing.

Don't believe the current freak out over residential RE. "Institutional" investors (entities with 1000+ homes) own less than 1% of the overall US single family home stock (Atlanta is the highest city/region at 4.4%). And no, I'm not a landlord nor do I own RE stocks. The real culprit is lack of supply due to the '08/'09 RE melt down. The 2010's had the lowest number of new housing starts in any decade since the 1960's.

https://www.resiclubanalytics.com/p/regional-housing-market-epicenter-institutional-home-buying