This, of course, has a lot of moving parts. And so, to be precise about this future is a fool's errand.
That said, boomers are going to think they are set, and their house values are going up. While that is the furthest thing from the truth.
We will be entering the time when the FRN (Federal Reserve Note) loses all purchasing power. Or, what is known as hyperinflation. (But the FRN is so big, it may take years, so it will only be galloping inflation)
People will want more FRNs for their assets, because the FRNs are worth less.
The problem is, there are only so many FRNs available. Unless the jobs suddenly start paying a lot more, and they will need to, then no one is going to be buying the inflated houses.
And then, the Boomers become terrified.
Which comes first, the chicken or the economic collapse?
The banksters want to keep asset prices going up. But, we have entered a deflationary period. So, what do you do? Print more money. And keep printing till the assets go up.
However, when you do this, the thing that is most affected is the price of necessities.
(Food, gasoline, electricity, are going to go through the roof)
The banksters have to do this or their entire economic house of cards falls down. If a building is not worth the amount they mortgaged, then every mortgage is in default. And it is just a matter of time before the banks are knowingly insolvent.
It is not that house prices always go up,
it is that house prices HAVE TO always go up!
Just like the National Debt has to go up. It is an ingrained part of fractional reserve, debt based, fiat currency.
Number has to go up!
But, what about the boomers, who need the cash to pay for retirement living or care facilities?
The boomers HAVE TO sell. And that forces prices down.
There aren't any buyers for the boomers' houses at the current price and current interest rate.
But, the boomer have to sell. So, they will be dropping the price, and if grandpa needs to be in nursing facility, the price is going to be dropped until it does sell.
BlackStoneRock to the rescue??
Of course, one way to get out of this mess is to print money, give it to BlackStoneRock, and they will buy up all the houses on the market. ALL OF THEM. Then, spin it off to a sub-entity, which will take all loss in prices. Declare bankruptcy, and then sell off the inventory… not to people who need houses, but to some entity that will rent them forever. (You vill own nutsing!)
But, when that happens, when there are lots of empty house near poor people, squatters move in. The courts will be booked till judgement day for evictions and house repossessions. And there is no telling which path govern-cement will take:
Mamdani type person is in office… Govern-cement seizes the means of housing, and then doles it out communist style. The entire city becomes a ghetto/barrio. And the poor thinks it is justice to those mean landlords, and the middle class finds there is no place for them to live.
The govern-cement passes laws that say something like, big corporations cannot hold/own lots of houses. The corporations start selling off houses, while also trying to hide houses in smaller corporations. And either the corps succeed, because the politicians were paid enough, or the corporations are smacked around by the courts.
Military might is used to clear out all the squatters giving the houses back to the corporation. Lots of people die… then there is no more housing issues. BlackStoneRock dies a social-media death.
Those mother WEFers bulldoze down all the houses, and build high density housing with high fences and security. And then "rents" them to corporate workers who will live there, and be able to walk everywhere within 15 minutes.
The house of cards comes down
Demographics is shrinking. Soon there will be more houses than people wanting houses. There are many ways we end up with houses back at prehistoric prices.
Might makes… it my house. Find an empty house, move in, and defend it from anyone else.
This actually works because there are more than enough houses, it is just about how things get divvied up. And so, who lives where becomes normalized after a while.The FRN gets replaced by a new dollar. And if it is backed by gold, or something that can't be printed, then lending goes back to what it was in the before-time. 20% down, 5 year fixed loans. Prices go back to what a person can honestly save. And, if house prices keep going down, there won't even be these.
People move to small communities of like minded people. They abandon the cities. Entire tracts of houses are left empty. What is the value of a ghost town?
And, of course, the ultimate end, the people have a mostly fiery, but peaceful protest and burn their city down. All problems solved. (not really)
But wait! How will this pay for boomer retirement / nursing homes? It won't. Maybe we will figure out how to properly do welfare, like having a cafeteria, that anyone can stop at and get a meal. Social inSecurity will be gone. And the boomers' house values will be gone too.
The banksters aren't even trying to slow this crazy train. Most of this is going to happen, it is already baked in the soup. All that is left to know is which order things fall in.
Fortunately, humans will work out much better ways to live (like small communities of like minded people). Over time, even real estate and land ownership will be redefined.
However, that doesn't help out the boomers now. All i can recommend is to sell the houses and all the toys, for whatever you can get and turn that into bitcoin. But, how many boomers would sell their houses for 50% right now? They will sell their houses for more than 50%, but that only becomes apparent later. I really do not see the boomers jumping on this plan. Even if we assume they are capable of doing such, which most are not.
For the rest of the people all i can say is let go of everything you think you know. Especially about finance.
Things will get a LOT better, however all the old structures are going to fall apart.