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A comment on Baby boomers are becoming homeless at a rate not seen since the Great Depression. Parent comment

Re:Baby boomers are becoming homeless at a rate not seen sin... by no_wizard on Monday September 25, 2023 @10:49AM (#37644750)
ProPublica did a whole series on one of the larger "Cash for your house" type businesses. It seems they're really trying to extract cheap homes from distressed sellers with pressure tactics[0][1][2][3]

[0]: https://www.propublica.org/article/ugly-truth-behind-we-buy-...

[1]: https://www.propublica.org/article/behind-the-scenes-of-we-b...

[2]: https://www.propublica.org/article/state-federal-laws-do-lit...

[3]: https://www.propublica.org/article/want-to-sell-home-for-cas...

[ Parent | on HN ]
Re:Baby boomers are becoming homeless at a rate not seen sin... by bombcar on Monday September 25, 2023 @11:17AM (#37645243)
The other side of this "scam" is that people are being sold how to "get rich quick" in real estate for $5k seminars (which boil down to "offer people 30% below market value and hope you get people who are dumb/desperate enough to sell").
[ Parent | on HN ]