“Many of my parents’ friends own more than one house, sometimes so many that whole dwellings sit unused and empty for years. And so it’s an odd contradiction that they often seem to get stuck on the most minute details when it comes to renovations. My hypothesis is that this is a way to feel the thrill of ownership come to life again. It’s polishing the already gilded lily.” HomeMillennialsBoomersHousing CrisisMillennialMillennial AuthorsBoomer Book:A Year in Boomertown: A Memoir Source: A Year in Boomertown: A Memoir
“The house is in moderate condition, but when we do the usual dance of exploring the price range, the agent clarifies that the owner has high expectations. The owner interjects and I hear the full story from the man himself. ‘My house has been valued at a million,’ he says with a grin. ‘Though I’ve been told it might be worth more than that. Would you believe it only cost me a year’s income back in the eighties? Had three children and never had to worry about money or a place to live. And now the value of it just keeps going up! It’s unbelievable what people have to pay for houses these days. Never would have imagined it.’ He cackles at this, as if it’s the funniest thing in the world.” HomeMillennialsBoomersHousing CrisisMillennialMillennial AuthorsBoomer Book:A Year in Boomertown: A Memoir Source: A Year in Boomertown: A Memoir