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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 JumpCrisscross on Monday September 25, 2023 @10:49AM (#37644756)
> the greater problem is the ability of large companies to buy up whatever is on the market

Out of curiosity, where? How do they know this?

I bought my house “cash.” It doesn’t mean I filed my car with paper. Just that I didn’t require a financing contingency. (Brokers typically don’t know who they lost a house to until property records are updated.)

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Re:Baby boomers are becoming homeless at a rate not seen sin... by datavirtue on Monday September 25, 2023 @11:20AM (#37645280)
Then all they see is the name of the trust...and they still don't know.
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Re:Baby boomers are becoming homeless at a rate not seen sin... by JumpCrisscross on Monday September 25, 2023 @12:08PM (#37646175)
> all they see is the name of the trust

I’m arguing they don’t. If a client looks likely to be soothed by losing to a corporate landlord, versus anyone else, there is a real estate broker who will sell them that line.

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Re:Baby boomers are becoming homeless at a rate not seen sin... by escapedmoose on Monday September 25, 2023 @09:15PM (#37653070)
You can look up the listings for the rentals after the house has been flipped. And damn, good for you being able to purchase a home without financing! Most of us can’t pull that off
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