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Pete Wilton's avatar

On the bottom of that K

My son is about to graduate with a nuclear engineering degree

He worries about how he’ll afford a house and really worries about his high school buddies who still barely started the college process

He has a well paying job lined up and is concerned.

On the Top:

There are dozens of houses for sale in my neighborhood. Retired folks cashing in on property…

It will be interesting to see if the homeowners cash in with Blackrock or sell to families looking to start a life

——

My son’s starting salary is projected to be nearly double what I made when I bought this house in 2000

But this house is basically tripled in value. When only three in 10 of his closest buddies have a possible shot to match, exceed their old man… that’s a cratering economy

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Rick Newman's avatar

Hey Pete, thanks for reading my stuff and thanks for weighing in. Great to hear from you. Wealth inequality is a huge issue that isn't going away. If anything, it will get worse and who knows make our political combat even more vicious. I really love hearing from real people living these things. Hit me up with ideas and lived insights. rick@thepinpointpress.com That's the email for the rebranding of this site that I'm planning. Hope you're doing good enough, mate! Also, great handle

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