logoalt Hacker News

glimshetoday at 4:20 PM2 repliesview on HN

Where are the minority owners moving to? Rentals?


Replies

kube-systemtoday at 4:32 PM

People who bought during white flight are at the end of their lifetime about now. Often the inheritors are not residents

Also this real estate is usually cheap and the inheritors often want to offload it because it has spent the last few decades inhabited by an elderly person living on social security and is in need of updates and repairs.

raframtoday at 4:32 PM

Downsizing (but still owning), rentals, the suburbs, Texas, Atlanta, or nowhere, if the parents pass away and the kids don't want the house.