Open Menu
AllLocalCommunitiesAbout
lotide
AllLocalCommunitiesAbout
Login

Corcoran Group CEO says Gen Z’s housing market struggles mirror what boomers faced 30 years ago: ‘Stop buying Starbucks coffee,’ she advises

⁨429⁩ ⁨likes⁩

Submitted ⁨⁨1⁩ ⁨month⁩ ago⁩ by ⁨return2ozma@lemmy.world⁩ to ⁨aboringdystopia@lemmy.world⁩

https://fortune.com/2025/10/22/corcoran-group-ceo-says-just-as-tough-to-get-on-the-property-ladder-today-as-it-was-30-years-ago-stop-buying-starbucks-coffee-gen-z-millennials-real-esate-advice/

source

Comments

Sort:hotnewtop
  • HubertManne@piefed.social ⁨1⁩ ⁨month⁩ ago

    30 years ago??? in 1995. That was a great market and boomers bought way before that.

    source
  • frankiehollywood@lemmy.zip ⁨1⁩ ⁨month⁩ ago

    Yeah probably shouldn’t be listening to this person

    source
  • Archangel1313@lemmy.ca ⁨1⁩ ⁨month⁩ ago

    Oh, look. Another out-of-touch moron, with a useless opinion.

    source
  • HowAbt2day@futurology.today ⁨1⁩ ⁨month⁩ ago

    Stop buying everything. Trade shit. Food? Ok, buy that and nothing else. Let it all burn.

    source
    • potpotato@lemmy.world ⁨1⁩ ⁨month⁩ ago

      Grow and trade food

      source
      • DNS@discuss.online ⁨1⁩ ⁨month⁩ ago

        I try to sell my excess produce below grocery store pricing, but people at the meet ups always tell me how they dont have enough money or got no money, if I can give it to them for free.

        Now I just give it to a food bank

        source
      • qarbone@lemmy.world ⁨1⁩ ⁨month⁩ ago

        Acquire food from supermarkets and then leave. They just leave it sitting around all over the place, in there!

        source
        • -> View More Comments
  • wampus@lemmy.ca ⁨1⁩ ⁨month⁩ ago

    Eh, read the first little bit of the article, and bailed as soon as she was noted as saying stuff along the lines of “back then it was harder, because there were fewer desirable areas people wanted to live!”.

    In other words, back then you had cheaper options in the other areas, which have since become unaffordable for starter homes. Nowadays you gotta move out to the middle of nowhere, where there’re no jobs.

    So idiot/detached CEO confirmed from my pov, her appearance at least matches her apparent personality.

    source
  • NRay7882@lemmy.world ⁨1⁩ ⁨month⁩ ago

    Let’s sink some yachts.

    source
  • SaharaMaleikuhm@feddit.org ⁨1⁩ ⁨month⁩ ago

    Booo! Get some new material!

    source
  • Alloi@lemmy.world ⁨1⁩ ⁨month⁩ ago

    im sure her name was just added to a few peoples lists for that statement.

    source
  • AllToRuleThemOne@lemmy.world ⁨1⁩ ⁨month⁩ ago

    As always there is something in german to respond to this (especially to this thumbnail):

    „Du hast ein Gesicht wie ein Paar Latschen: Reintreten und wohlfühlen!“

    Roughly translated to:

    ‚You have a face like a pair of slippers: step in and feel comfortable!‘ but with „reintreten“, here: ‚step in‘, primeraly meaning ‚to kick in‘.

    Have fun with this random knowledge, copyright by K.I.Z., „Der durch die Scheibeboxxxer“.

    source
  • MutantTailThing@lemmy.world ⁨1⁩ ⁨month⁩ ago

    I haven’t had a drip of Starbucks coffee in my entire life

    source
    • TheRedSpade@lemmy.world ⁨1⁩ ⁨month⁩ ago

      It’s ok for the drinks they make where coffee is just one of several flavors. It’s trash on its own though.

      source
  • hark@lemmy.world ⁨1⁩ ⁨month⁩ ago

    “900 corporate staffers were also laid off as part of a $1 billion restructuring following six straight quarters of sales decline.”.

    The idea that spending on coffee or avocado toast or whatever single food/drink item is causing a widespread drop in home ownership is idiotic enough, but this absolute moron managed to pick something with hard evidence of declining sales.

    source
  • ruuster13@lemmy.zip ⁨1⁩ ⁨month⁩ ago

    This is literally a Starbucks ad for boomers.

    source
  • DarkFuture@lemmy.world ⁨1⁩ ⁨month⁩ ago

    I guess I’d believe this if all the hard data didn’t prove it wrong.

    Maybe I should become a conservative so I don’t have to bother with hard data anymore.

    source
  • Xenny@lemmy.world ⁨1⁩ ⁨month⁩ ago

    I did, still poor. I get half my meals for free (food service) still poor. I split rent with 4 other people to the point where my bills are the lowest they’ve ever been in my life, still poor. Still poor, still poor and not making enough and everything keeps getting more expensive.

    source
  • shaggyb@lemmy.world ⁨1⁩ ⁨month⁩ ago

    I don’t care who the fuck she is or what the fuck she says or why anybody is quoting her. Remove her from my oxygen source.

    source
  • collapse_already@lemmy.ml ⁨1⁩ ⁨month⁩ ago

    Boomers were buying houses 45 years ago. Buy 30 years ago they were on their third or fourth move. I think the struggle of buying a $35,000 house on an annual $12k salary was a little different than the fantasy of buying a $500k house on a $36k salary.

    source
  • M0oP0o@mander.xyz ⁨1⁩ ⁨month⁩ ago

    What could a house cost? $10?

    source
  • Catalyst_A@lemmy.ml ⁨1⁩ ⁨month⁩ ago

    i was alive 30 years ago. No the fuck its not.

    source
  • Gammelfisch@lemmy.world ⁨1⁩ ⁨month⁩ ago

    Moron, return to the 1950’s and 60’s, because that was the height of US consumer buying power.

    source
  • Mediocre_Bard@lemmy.world ⁨1⁩ ⁨month⁩ ago

    I love whatever program it is that is job-placing these otherwise unemployable idiots.

    source
  • mlg@lemmy.world ⁨1⁩ ⁨month⁩ ago

    Stop buying Starbucks coffee

    They already did lmao, my old town was cheering because two Starbucks locations went out of business and got replaced by local cafes lol.

    Although tbf that was in SE Michigan which exploded in the cafe business after Qawah house started a chain reaction by accident.

    source
  • captainlezbian@lemmy.world ⁨1⁩ ⁨month⁩ ago

    By boomer standards I’m lower middle class as an engineer. I could theoretically afford a kid or two and a small house, and with two incomes we could even do that while having occasional vacations and retirement savings. You know, the sort of life that so long as you didn’t really fuck up you could afford as a boomer, but several years younger than me as well.

    source
  • Devjavu@lemmy.dbzer0.com ⁨1⁩ ⁨month⁩ ago

    We should make an initiative where we collect donations and sends tons of maneur to theresidencies of rich people.

    source
  • motor_spirit@lemmy.world ⁨1⁩ ⁨month⁩ ago

    ignorant cunt

    source
  • gravitas_deficiency@sh.itjust.works ⁨1⁩ ⁨month⁩ ago

    Okay

    shorts SBUX

    source
  • chicken@lemmy.dbzer0.com ⁨1⁩ ⁨month⁩ ago

    Yeah, sure, it’s all about individual success, nevermind the actual population level trends, it’s all on you to figure out some way to afford your life.

    source