On: Zoom towns and the new housing market for the two Americas

[refurb]

Well, my landlord in SF was an old lady whose husband died suddenly at 50 and their retirement portfolio was their apartment building.

But screw her right?

[ABCLAW → refurb]

How exactly is she screwed? She owns an apartment building. She can likely liquidate for multiple millions even in a down market and live in luxury for the remainder of her life AND pass on a ton of money to her heirs.

[fleshdaddy → refurb]

I'm sorry but most Americans retirement portfolio isn't an apartment complex in the most expensive city in the country. I'll find a bit more sympathy for them.

[koolba → fleshdaddy]

When it comes to human interest stories “most“ doesn’t matter. It’s all about the individual.

[pkaye → refurb]

A retirement portfolio should be more diversified. It would be like investing all your 401k on company stock.