Goldman is back with a 16-years-later look at the housing market crash of 2008—and finds affordability is even worse right now

return2ozma@lemmy.world to News@lemmy.world – 312 points –
Goldman is back with a 16-years-later look at the housing market crash of 2008—and finds affordability is even worse right now
fortune.com
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Been 16 years already?

Yup.

About how old my grandpa was when he bought a plot of land, a shit ton of wood, and a shit ton of concrete and built the house that was sold to pay off his medical debt when he died...

...fuck...that's dark. Sorry things swung that way for your family.

I lean on the word "about".

He actually illegally enlisted in the Navy during WWII when he was 16, so it was more like 20/21 when he bought the plot and materials.

Ya, still dark AF. And I also don't think its a rare family story.