• 0 Posts
  • 19 Comments
Joined 1 year ago
cake
Cake day: July 1st, 2023

help-circle


















  • My dad, a boomer, passed away a few weeks ago and I can understand why he got a reverse mortgage. He had cancer and knew he was going to die, and he did it to guarantee that my mom has a place to live for the rest of her life since she’ll be surviving on only social security and some pensions. But it sucks that that wealth will disappear at that point and us kids won’t inherit it. That’s ok, we don’t feel entitled to it, but that is definitely one way that houses are being snapped up by companies and not somehow transferring to individuals.