A particular weird type of assert that obsesses people of a particular generation. Enthusiasts of this investment evangelically promote it to other people to pump up the value of their portfolio, but it is a risky game for newcomers. The total supply of the asset is fixed. There is no chance that newcomers can buy at the crazy cheap prices of the earlier generation. If you buy in now, you will need to concentrate your savings in highly leveraged and risky investment. But you mention this fact to the enthusiast and they simply continue to boomersplain it to you. Yes, we are talking about *real estate*.
You young people think the crypto crash is new and exciting. But we have been crashing the real estate market for decades. You could say that mortgages are boomer bitcoin.
— My uncle just bought a second holiday house in Thailand and his kids are paying him rent on the family home.
— I know right? He’s going to HODL that boomer bitcoin.
— Yeah bro! And he keeps on trying to get me to invest in these weird mortgages I haven’t even heard of and can’t afford.
— Don’t worry, we’ll get property one day I guess, if we can get to the moon
— Oh man aunt Joanne wants me to invest in a condominium with her.
— Bro! Steer clear of that boomer bitcoin.
— My uncle just bought a second holiday house in Thailand and his kids are paying him rent on the family home.
— I know right? He’s going to HODL that boomer bitcoin.
— Yeah bro! And he keeps on trying to get me to invest in these weird mortgages I haven’t even heard of and can’t afford.
— Don’t worry, we’ll get property one day I guess, if we can get to the moon
— Oh man aunt Joanne wants me to invest in a condominium with her.
— Bro! Steer clear of that boomer bitcoin.
by Autocatfishing April 13, 2023
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"To get broomed" "you got broomed" when a guy leads you on but continues to stand you up or two-timing you.
by Lonchbox July 26, 2017
Get the Broomed mug.A boomer is a person over the age of 55. It is usually associated with tik tok/Facebook memes of people using the phrase ‘ok boomer’ it is used to make fun of or sarcastically target the older generation.
Old person: ‘kids are always on technology these days, they don’t know what is going on in the world, they are destroying it’
Child: Ok boomer!
Child: Ok boomer!
by Definition_Dealer November 1, 2019
Get the Boomer mug.by Yom tov June 8, 2018
Get the Neo-Boomer mug.People that move out of their parent's house but decides to come back to live at home, in order to save money for travel, a new house etc...
Dad: Now that the kids are back, we can't walk around the house naked anymore
Mom: Too bad we got ourselves a boomerang kid.
Mom: Too bad we got ourselves a boomerang kid.
by summerwind May 15, 2007
Get the boomerang kid mug.People who experience a delayed heyday in their 20s and/or 30s, when they finally have the factors (social and/or job status, money, body, looks, etc.) to get laid and gain attraction/popularity among the opposite sex. These people were typically categorized as nerds/geeks back in high school.
He was such a dweeb in high school, but after graduating from Harvard and earning six figures in hedge fund, he's become a late bloomer.
by ke$ha_tiktok January 25, 2010
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