- Instability of Government Support after Disasters
- Anger as Hurricane Sandy victims have to pay back emergency aid with interest
- All Tapped Out In A Tiny California Town - NPR
- Property Seizures and Asset Forfeiture
- Property Tax Lien Foreclosures: Could You Seize the Homes of the Elderly for Profit? Cities Are Allowing ‘Investors’ to Do It
- 10,000 Abuses & Counting. Public Power, Private Gain: A New Resource for Fighting Eminent Domain Abuse
- Environmental Contamination
- Study Links Water Contamination To Fracking Operations In Texas And Pennsylvania
- North Carolina Coal Ash Spill - Huffington Post
- Tennessee sludge spill runs over homes, water - CNN
- Jacobsville Neighborhood Soil Contamination Site - EPA
- Map of Factory Farms
- Volatility of Home Equity
- Subprime mortgage crisis - Wikipedia
- Buffalo’s out of town property owners: just more absentee landlords? - WIVB
- Having Rotten Neighbors
- More Frequently Changing Employment
- You may change jobs frequently and need to move.
- Faulty Construction and Weak Foundations
Our society is changing from the type that settles down and collects consumer goods over the years, to a type that cannot afford to collect consumer goods because they must be more mobile due to the increasing volatility of the economy.
Baby Boomers and their living predecessors still have their antique Walnut wood marble-top tables and dressers, a complete set of real silver utensils and real gold rimmed dinner ware. Many of them had the luxury of living in the same houses and neighborhoods for almost their entire lives. They had the luxury of actually having careers from which they could retire with a livable pension. They could go to college for almost nothing.
The education system is so slow to adapt to economic change that the post-boomer generation is not prepared for the rising instability of the economy.
The first major adaptation coming is in how we value the idea of home-ownership. It's becoming a trap that ruins your credit history and causes bankruptcy, foreclosure and decades of indebtedness.
Renting is becoming the safest and least costly option. This will have a negative impact on the purchase of large home appliances, additions to wardrobe that fill closet, attic and basement space; and expenses related to home improvement projects.
Responsible post-boomers will try to wait until they feel stable in their living situation to have children, which might be never.
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