593
Time for pitchforks and torches
(lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 02 Jul 2026
593 points (100.0% liked)
Late Stage Capitalism
3431 readers
1549 users here now
A place for for news, discussion, memes, and links criticizing capitalism and advancing viewpoints that challenge liberal capitalist ideology. That means any support for any liberal capitalist political party (like the Democrats) is strictly prohibited.
A zero-tolerance policy for bigotry of any kind. Failure to respect this will result in a ban.
RULES:
1 Understand the left starts at anti-capitalism.
2 No Trolling
3 No capitalist apologia, anti-socialism, or liberalism, liberalism is in direct conflict with the left. Support for capitalism or for the parties or ideologies that uphold it are not welcome or tolerated.
4 No imperialism, conservatism, reactionism or Zionism, lessor evil rhetoric. Dismissing 3rd party votes or 'wasted votes on 3rd party' is lessor evil rhetoric.
5 No bigotry, no racism, sexism, antisemitism, homophobia, transphobia, ableism, or any type of prejudice.
6 Be civil in comments and no accusations of being a bot, 'paid by Putin,' Tankie, etc. This includes instance shaming.
Introduction to Socialism (external links)
Marxism-Leninism Study Guide: Advanced Course
founded 2 years ago
MODERATORS
So, these numbers are a bit old ...
https://ipropertymanagement.com/research/landlord-statistics
... basically, while OP is very likely correct specifically in NYC regarding apartments...
Broadly, at a national level?
The vast majority of single family rentals are provided by a landlord with less than 5 five rental properties.
IE, boomers trying to become rich by becoming petite landlords....perhaps roughly comparable to pre-Soviet kulaks.
This same pattern is borne out by more recent median age of a home seller / home purchaser: its 59 or 60. The 'median age of a home seller/buyer'... yeah it pretty much just tracks the average age of a Boomer, in the last 30 years.
As you can see, to the point that now, now the median age of a US first time home buyer is actually 40, if you extend this graph to current data, now, Q2 2026.
The boomers all went into the 90s and 00s and then 10s getting an increasing media diet of real estate is the path to wealth!... we started getting a bunch of TV shows about home renovations and house flipping... and woo.boy do the boomers love their boob tubes.
I have no doubt that in more literally concentrated areas, with even higher price floors, yeah, its more dominated by larger to hyperhuge organizations.
But on net?
While private equity moving in and building a development in an area, or starting to purchase a bunch of on market/for sale homes in a region... while things like that are often the sort of local reset for 'comps', seen as signals to boomer kulaks of well shit, I should do the same thing for myself!...
... The boomers are the ones that actually do the mass of the work of directly making home prices go up, as well as voting up anything that will benefit existing homeowners, and voting down anything that will add cost to existing homeowners.
They collectively decided that making their homes go up in value was their ticket to a secure retirement.
The problem is that if every boomer does this, it literally guarantees economic, demographic, and social collapse... new family formation becomes difficult to impossible, social welfare systems collapse, the broad concept of tactic agreement that the government is de facto legitimate erodes rapidly.
Any boomer that complains about or is worried about white birth rates tanking even harder than non white birth rates, that believes in 'great replacement theory'?
They're idiots. They are the cause of the effect they are observing.
They were also originally called the 'Me' generation... and that's accurate. They're broadly spoiled brats, malignant narcissists. To the extent that this was surprising and unexpected, difficult to comprehend by the Silent generation and older.
Try telling a Boomer they're actually wrong about literally anything.
That's rude, to them. You're insulting them.
Because that would mean they aren't already perfect.
They'll never thank you for correcting an error.
They don't want to learn and grow, they want to be told how wonderful and smart they are and always have been.
The Boomers of the US will be literally reviled by future political historians... there's no way to be objective about what has happened, what they have done, how they squandered their immense privilege... and were so immensely arrogant while doing so... no way to comprehend it, and not be digusted.
They burned down the world.
... simply incredible.
Yep.
Like... this guy:
https://youtube.com/watch?v=71UuMMsydHA
Closest I'll ever get to being in WW2 was playing Battlefield 1942 as a kid... and... I still can't make it through Saving Private Ryan without crying.
I've since been through traumatic shit in my own life, become a cynical bastard... but goddamnit, I still have a heart, I still feel the pain of others.
Of course I am generalizing, there are non shitty boomers... but most of them might as well be aliens in skin suits, I can describe and like academically attempt to understand them... but I am not like them, I cannot put myself into their headspace.