Well that should be easy to fix. Just have a world war with a general draft and all for about 5 years. Then another one soon after in an arbitrary place. That sort of thing really brings people together, and also kills many of them, all contributing to a healthy housing market!
this post was submitted on 11 Feb 2025
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Among all my friends, there are two clear common denominators between those who rent and those who own houses. The ones renting have office jobs and live in the capital, while the ones who own houses live in smaller cities or the countryside and work in manual labor.
I’m not saying correlation is causation, but it’s an interesting observation - and so far, it applies to 100% of my friends.
Hey throw millenials in this too please.
And GenX. I bet a lot of them feel it too unless dementia has already set in.
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Okay but... where's the news?
My parents holding fast with "well, it's always been like that" made me realize how big this generational divide is.
There are good boomers who get it, yes. There are also some really dumb ones who have literally no clue what kind of world they helped create. Full stop.
And there are some Nazi gen z. We have to pull together the good ones from every generation and become helpers together. We can't bitch about the ones that are shit, there are shit people in every generation, so it's a waste of time and a distraction.
Yes, 100% this. There are plenty of boomers that got reamed by various elitist schemes, too. People right on the cusp of retirement only to have everything wiped out by something like an Enron or the real-estate bubble and they get to keep working another 10+ years...I think people have rose-colored glasses when it comes to the things boomers faced, too. It was not all sunshine and roses for everyone in that age bracket. It is lunacy to suggest that it was/is.
There may be some boomers doing nefarious things like Blackstone, driving up the cost of living for everyone, but I bet there are some very, very young people in schemes like that, too, making lots of money. Or individuals like fElon's boyz - I don't think the Dogebags are boomers. And fElon himself is Gen X....
Then there are headlines that I see like this that run counter to virtually everything you'd hear about Gen Y in recent years:
https://www.newsnationnow.com/business/your-money/millennials-financially-baby-boomers/
Lastly when the bullshit inter-generational warfare is whipped up, I remember this...
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Me and my fiancee both work full time to just barely survive each month with no savings because the CoL is so fucking high it's unmaintainable. And if you reply with "just move", first: I'm in the midwest, it's not AS bad out here, and second: Moving is a privilege, it's expensive, time consuming, and often times you end up in a worse spot than you were before
Exactly! Same boat, I am too poor to move! Due to missed payments on mortgage, credit cards, and medical bills, our credit score is abysmal. There is no way we can get a new mortgage or pass credit checks for an apartment. On top of that I don't have the time or money to invest into the house so there are many things that need to be fixed, some of these absolutely need to before selling it so I also can't just sell either. 3rd, you're right. Wherever I do end up moving (if somehow we did get approved), it's probably going to cost more due to higher interest rates, and it will most likely cost more. We are praying to make it a few more years until stupid daycare is done so we can finally make ends meet a little...
I never thought I would be in this bad of a situation in my life, but here I am and I just want to survive each day. Thinking about money every day for years now is tiring and stressful. They have a name for it, its called poverty brain.
I had a basic but nice first house, but I sold it to move for a new job. I even was lucky enough to still make a bit of a profit. But not enough, and now I'm stuck back with renting again, can't really afford to buy a new house with interest rates, prices, inflation eroding my income in other areas, and poor availability. I think back to my parents buying their first house and how nice it was by comparison, for a fraction of the price even adjusted for inflation and it gives me a really unfortunate sense of perspective, much less hearing stories like yours or from friends I know who are in a bad situations. I'm not struggling, but prospects for improving things aren't great either, and that seems to be the case for everyone I know.
Don’t worry. All that work you’re doing will pay off… your landlord’s fifth mortgage.
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Many in GenX does, though.
https://www.redfin.com/news/homeownership-rate-by-generation-2023/
I mean not really that far of from boomers.
78.8% vs 26%?
Hey Gen Z, first time being gaslit by boomers? Heh, yyeeeaaaahhhhhhh.......they do that. Now imagine having them as your parent, and you're 5, and you have to just live with their bullshit.
~Sincerely, Gen X and the older millenials.
However, I'm old enough to remember watching the boomers getting gaslit by the "Greatest Generation".
But yeah, as an Xer, it seems like we got the short straw. The boomers sucked all the air out of the room for so very long, that if the (mostly boomer- and Greatest Generation- led) media stopped giving them all the attention for a moment, it was to only label us the "slacker generation".
By the time the boomer narcissism's grip was loosened, the focus was mostly on to Gen Y, and if we are being honest here, due to their numbers, the media narcissism around Gen Y reminds me very much of the boomers, with Gen Z quickly catching up.
I suspect that's very much due to a numbers game - if advertising dollars figure they can center a particular group enough, they can scoop up all those $$$ by selling a certain age range a story about themselves...
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I hate this idea that people need to work themselves to death to survive. We have such a surplus of resources today that people should barely have to work. I don't know what it was that pulled the mask off this farce of a system we have, but it sure as shit isn't worth it to bust my ass for 45 years so the CEO of FuCKYou Incorporated can get another bigger yacht.
We have tons of excess. The problem is it's hoarded by a small tyrannical group of psychopaths bent on increasing their wealth at the cost of everyone else.
I personally am capable of working any boomer in their prime into exhausting while I'm still pushing for hours more. The whole "millenials are lazy" is corporate bullshit designed to make parents think their kids are just lazy and not being ripped off by the system they demand exists.
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