Yeah, but now you and your significant other work so thats like 120k a year. /s
And the fact that you’re each working multiple part time jobs and gigs, well that’s the extra freedom we had lying around.
…kalshi is a news source?
No
Kalshi is also a game if you ask Google’s Play store. It has an AO rating
Everytime I go to the app store I get an ad for it, and everytime I report it saying it violates my state’s law
Google Play store is a cancerous virus. Use f droid.
Step 1 - make housing unaffordable
Step 2 - start crying about declining fertility rates
Step 3 - just keep whining and applying bandaid solutions that don’t do anything to address the underlying cause of unaffordable housing
Step 4 - scapegoat minorities for all of the country’s issues
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Not all boomers, just the loud ones. I’m surrounded by boomer neighbours who own their properties and are vocal about the complete lack of options for current generations. I meet more of the loud ones at work though
Not just the US, we can’t buy a house anywhere, boomer cunts stole everything from future generations and will claim to their dying breath that THEY had it rough.
Dont fall for the intergenerational war. The rich are sitting on all the assets and stealing from future generations
Ya but they rich are mostly boomers and boomers are actively voting and supporting policies that make this worse. It’s not universal but does hold some weight.
Correct. What all these places have in common is housing expansion after WW2 when personal automobile became a thing for majority. There is no more cheap land. We are back to 19th century and it sucks.
So you grew up rich? Your parents had no struggles at all right? So I mean, wow, that must have been nice. They basically had infinite money to raise you with… that’s awesome. I’m happy for you
What? Where did i say i was rich? How does your brain function? And my parents didn’t have struggles?!? My mother and stepdad didn’t have power or running water for 5 years in the Balkans btw, whether that’s legal or not who knows and i don’t think the cunts that turned it off cared anyway.
You said, “boomer cunts stole everything from future generations and will claim to their dying breath that THEY had it rough.”
But then you said, “My mother and stepdad didn’t have power or running water for 5 years”
Weird, it’s almost like they did have it rough after all
You need it spelt out for you or something? My mother was born in 1966 so she doesn’t qualify as a boomer and also those boomers that you want to defend could buy a house or two with one income while having 4-5 kids while most of us today can’t afford anything with two incomes and no kids.
oh wow, so you were the first poor family? I had no idea life was a perfect utopia where nobody struggled until your parents. I always thought the story of Adam and Eve was something that took place millions of years ago but it turns out it happened in 1966.
I’m honored to meet the child of the first humans to ever suffer
Boomers (b. 1946-1966) bought houses long before they were $70k. Assuming a great job straight out of high school, the first ones would have been buying homes as early as 1964, the last boomers by 1984.
Taking the middle - 1974 - and in my neck of the woods the median 1974 starter home was about $16k CAD, and the minimum wage was $4k/yr. This put even minimum wage workers within spitting distance of the flip side of the one-third rule, which states the price of a new home should not exceed three years of income. Workers in good industries - such as framers, plumbers, and electricians - easily met this 3× rule even within a year or three of starting work.
So the better phrase would be:
boomers bought houses at $16k when they were making $6k/yr
Boomers selling their homes at 10x cost and preaching about savvy investing
The problem is the house is so overvalued, they never modernized it, and is far beyond what most people can afford for it. They’re just born at the right time to be able to retire and have a house.
nah it’s deregulation on corps buying homes as investments
like usual thank republicans and neolibs
Also, AirBnB creating a system that incentivized the purchase of homes as rentals.
Not even an exaggeration. My parents bought their house in the 1960s for $14K. Their 30-year mortgage went almost to the year 2000 and their monthly payment was fucking $85 the entire time. They sold it fifteen years ago for $190K.
Yo, who be making 60k? That sounds like Gucci shit.
I do not like calling people trying to afford to buy a pile of lumber and tape on a small parcel a “market”.
It removes the fact that homes used to stay flat value or go down in value before houses became a “market”.
Fuck markets. The markets should be crushed. And American home builders should be ashamed of the quality of American homes.
A pile of lumber and tape.
What’s wrong with making houses out of wood? It’s renewable. It has an absurdly low carbon footprint. It’s a fantastic building material.
They’re not talking specifically about the lumber being bad, they’re talking about companies building new developments cutting corners to save on cost. While they still use lumber, they are choosing cheaper lumber and their workmanship suffers as a result of the corners being cut.
Thus, a pile of lumber and tape.
My house was built in 1942 as temporary worker housing. I tore down and rebuilt one of the walls and the original studs were just astonishing: perfectly straight and not a single knot in them anywhere. Compare and contrast with modern studs from Home Despot: split, shaped more or less like a pretzel, and 50% knots.
Interestingly, these old studs were 1.75" x 3.75". I never knew there was an intermediate stage between the old-time true 2x4s and the modern 1.5" x 3.5" 2x4s.
Also, older homes were built with natural old growth lumber, which is denser and more rot resistant. They also used larger dimensions for extra support.
Over the last 50 years material quality and workmanship have gone down. Now it’s a race to build a neighborhood as cheaply and quickly as possible, doing the job right be damned.
I’ll be honest with you: my house was built in the 1940s and it’s really not that great. Definitely not noticeably better build quality than my parents’ house built in the 1990s.
This is how the billionaires are winning, they manipulate folks into being angry at everyone but THEM. “Boomers” didn’t buy $70k houses, your grandparents did.
Meamwhile, Zuckerberg is laughing his ass off while fortifying his Kauai ranch estate.
“Boomers” are the grandparents to most of social media posters these days. Statistically the internet stays centered at about teenager to 20 year old being the peak of the normal distribution of users. That’s the Baby Boomers’ grandchildren. Great grandchildren even.
Just pointing that out, but otherwise I agree. They’re all angry at a strawman “Boomer”. That strawman in reality is demographically a small portion of the world population who are very rich. The majority of baby boomers got fucked in their own way by the rich.
You guys are all distracted into fighting each other.
Furthermore, I’m continuously baffled at how or why people fawn over the anecdotes about those who talk about their parents having a good life straight out of college and now owning multi-million dollar homes. How can you not realize these anecdotes are from rich kids of rich boomers. You guys are so hungry to eat the rich??? That’s them right there. What are you praising and fawning over them for. Start eating.
All part of the distraction. The lesser than billionaire rich hiding in plain sight, running distraction for the richest of the rich.