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Non-Cattle Specific Topics
Coffee Shop
Distressed Buyers due to the Epidemic
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<blockquote data-quote="Brute 23" data-source="post: 1640844" data-attributes="member: 6291"><p>I know every one loves to rag on the younger generations but there are some 80s born kids knocking down some pretty good money right now. If they got their butts to work, invested aggressively in their 401K, lived with in their means, they have accumulated some wealth by now. They are in their 30s, have had time to pay their dues, there is a good chance they have moved up as some have retired. The income jumps plus the healthy 401ks have made them ready to jump out and purchase some of these properties.</p><p></p><p>To some one in their 70s they see the current market as the highest maybe in their life. To some one in their 30s they see the current market as an opportunity to buy low... both are probably right.</p></blockquote><p></p>
[QUOTE="Brute 23, post: 1640844, member: 6291"] I know every one loves to rag on the younger generations but there are some 80s born kids knocking down some pretty good money right now. If they got their butts to work, invested aggressively in their 401K, lived with in their means, they have accumulated some wealth by now. They are in their 30s, have had time to pay their dues, there is a good chance they have moved up as some have retired. The income jumps plus the healthy 401ks have made them ready to jump out and purchase some of these properties. To some one in their 70s they see the current market as the highest maybe in their life. To some one in their 30s they see the current market as an opportunity to buy low... both are probably right. [/QUOTE]
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Distressed Buyers due to the Epidemic
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