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Younger baby boomers are facing a homelessness crisis as rents skyrocket and outpace Social Security
https://www.msn.com ^ | 9/26/23 | business insider`

Posted on 09/26/2023 6:54:54 PM PDT by RomanSoldier19

click here to read article


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To: SlipperySlope99

A free underground market will take its place


41 posted on 09/26/2023 8:16:33 PM PDT by South Dakota (Patriotism is the new terrorism .)
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To: South Dakota

It will be like Asia, where you pay a lot of money for a space 6 feet long and 3 feet wide and 4 feet tall.


42 posted on 09/26/2023 8:22:13 PM PDT by Jonty30 (If liberals were truth tellers, they'd call themselves literals. )
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To: Dilbert San Diego

*Theoretically many of these people should have family members to take them in. But they may have burned Bridges with families due to other issues*

SSI contributed to it. Disfunctional families don’t have to get along if the government sends a check.


43 posted on 09/26/2023 8:28:57 PM PDT by DIRTYSECRET (e allowed )
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To: SlipperySlope99

If you steal an election it counts as a win.


44 posted on 09/26/2023 8:37:19 PM PDT by from occupied ga (Your government is your most dangerous enemy - EVs a solution for which there is no problem)
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To: T.B. Yoits
Both halves of the couples lose although men lose worse.

Not necessarily. My first wife and I had a mobile home. I paid her half of our equity. It increased in value significantly within the next year and I sold it for over triple what we paid for it. My second wife didn't want anything to do with the house we had just acquired, so she quit claimed it to me. Years later I cleared over $100k after selling it. Also, all my pensions are totally intact. No financial hits for me.

45 posted on 09/26/2023 8:39:35 PM PDT by AlaskaErik (There are three kinds of rats: Rats, Damned Rats, and DemocRats.)
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To: glorgau
Living solely off Social Security means there wasn’t a plan.

Life threw enough my way so that I don't have the big 401k.

But, I earn my money with my brains and knowledge (IT), so I figured I just don't retire. Then SS just becomes a supplement when I hit 70.

No major health issues, and parents are still alive, so this doesn't work for everyone.
46 posted on 09/26/2023 9:12:02 PM PDT by Dr. Sivana ("If you can’t say something nice . . . say the Rosary." [Red Badger])
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To: Jonty30

How are the pastors going to buy all those homes, boats, jet skis, etc.? You know, to witness to the rich?


47 posted on 09/26/2023 9:19:35 PM PDT by Right Brother (Pray for God's intervention to stop UMCRevMom's invasion of Free Republic)
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To: Old Grumpy

I’m no longer working after my company was sold and I’m pretty good at living only on my SS check. But, I have dipped into my savings a few times for 100.00 there, 50.00 there. Everything in my life is paid off and I don’t go out much or purchase anything so I’m OK. My retirement funds are getting a hit, though - I have to quit checking as often as I do because I just get pissed off. If I did have a major emergency and needed a lot of money, I’d just do a reverse mortgage and they can be be paid back when I die.


48 posted on 09/26/2023 9:32:48 PM PDT by peggybac (My will is what I wanted. God's will is what I got.)
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To: Leaning Right

My parents made us pay for our own college.


49 posted on 09/26/2023 9:51:38 PM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: knarf

Yes, there is. The Baby Boomers are a huge group. My sister born in 1963 is at the tail end, but my cousin, born in ‘46 was at the beginning. My sister is a “younger Baby Boomer.” She turns 60 this year.


50 posted on 09/26/2023 10:23:02 PM PDT by madison10
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And they face the preference for the comforting of illegals.


51 posted on 09/26/2023 10:44:18 PM PDT by Gene Eric (Don't be a statist!)
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To: P.O.E.
Wonder how many in their 50s and financially hurting are suffering from the effects of ... divorce, illness, job ... issues. Not everybody leads a charmed life.

How much of this was created or made worse by the American elite sending 50,000 factories to China starting at the time China joined the World Trade Organization? This was after the same elite destroyed social mobility by inundating science and high tech jobs with the Immigration Act opening the doors one way to at least 65,000 H1b visas per year. Only an elite that hates its people's guts would impose such policies.


52 posted on 09/26/2023 10:45:38 PM PDT by magooey (The Mandate of Heaven resides in the hearts of men.)
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To: RomanSoldier19

I have three questions;
How many of them voted Democrat?
Why didn’t they plan for the future?
Why the fuk do I owe them anything?
Signed,
Boomer living debt free in my own ocean view
home in Hawaii.


53 posted on 09/26/2023 11:00:59 PM PDT by rellic
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To: TheWriterTX
Memento mori...
54 posted on 09/26/2023 11:19:02 PM PDT by rexthecat
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To: rexthecat

True.

I’ve planned for my inevitable departure.

Till then, carpe diem!


55 posted on 09/26/2023 11:31:02 PM PDT by TheWriterTX (Trust not in earthly princes....!)
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To: Dilbert San Diego

I spent my money on my child’s education. That was a great investment
And no I won’t live with her


56 posted on 09/27/2023 12:18:50 AM PDT by Nifster ( I see puppy dogs in the clouds )
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To: peggybac

I never had a high-paying job during my working life, so my Social Security isn’t enough to support me. If it wasn’t for the retirement check I get from the State, I’d be
barely scraping by. I have to watch every penny, as my pitiful savings are nearly gone. Sigh.


57 posted on 09/27/2023 12:29:47 AM PDT by Old Grumpy
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To: Jonty30

Exactly! The family is strengthened and the government can go pound sand.


58 posted on 09/27/2023 12:39:43 AM PDT by momincombatboots (BQEphesians 6... who you are really at war with. )
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To: RomanSoldier19

The boomers,worried about future homelessness, should exit the country then reenter through the southern border


59 posted on 09/27/2023 12:42:42 AM PDT by Wdempsey (Democrats and slinkys.. Both useless but fun to push down stairs.)
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To: RomanSoldier19

About being part of a faith community - in contributing money to your church, remember to contribute also to yourself and your own future. A word to the wise.


60 posted on 09/27/2023 12:51:10 AM PDT by Ciexyz (Prayers for America.)
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