Why do people think Boomers had it so good?

Anonymous
My first place was similar to this 20 years ago for a similar price but a way worse neighborhood.

https://www.zillow.com/homedetails/4100-W-W-St-NW-411-Washington-DC-20007/351580057_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare
Anonymous
Anonymous wrote:Boomers are too lazy to look at the data. They rely on anecdotes and sheer fantasy that confirm their biases and coddle their fragile psyches. History will look upon them with universal scorn.


And you will be looked as the whiniest generation to have infested this planet. A group that relies upon tik-tok and instagram to define reality.
Anonymous
My second house was very similar to this one in price, condition and neighborhood. Purchased in 2006. Sold in 2018.

https://www.zillow.com/homedetails/1317-W-St-SE-Washington-DC-20020/54658264_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare
Anonymous
Anonymous wrote:My first place was similar to this 20 years ago for a similar price but a way worse neighborhood.

https://www.zillow.com/homedetails/4100-W-W-St-NW-411-Washington-DC-20007/351580057_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare


That would have been a really bad financial move for a young person buying a couple years ago. Value is going way down!
Anonymous
Anonymous wrote:
Anonymous wrote:Boomers are too lazy to look at the data. They rely on anecdotes and sheer fantasy that confirm their biases and coddle their fragile psyches. History will look upon them with universal scorn.


And you will be looked as the whiniest generation to have infested this planet. A group that relies upon tik-tok and instagram to define reality.


Yeah the boomer generation wants to wreak selfish havoc, but gets offended when subsequent generations complain about it. This will never change, it's who boomers are. Younger people just need to shoulder the burden boomers left and clean up their mess. Let's make some funny videos along the way to lighten the load a little.
Anonymous
Anonymous wrote:
Anonymous wrote:Boomers are too lazy to look at the data. They rely on anecdotes and sheer fantasy that confirm their biases and coddle their fragile psyches. History will look upon them with universal scorn.


And you will be looked as the whiniest generation to have infested this planet. A group that relies upon tik-tok and instagram to define reality.


This is legitimately funny from the generation that responds to "I lived in terror of being gunned down in school because it was happening to schoolchildren at least weekly all throughout my life" with "well I hid under my desk a couple of times to hide from an attack that never came, so basically I had it worse."
Anonymous
Boomers live in an echo chamber - nothing will penetrate it. More than these arguments about mortgages the real bitterness is over the feeling that the boomers pulled the ladder up behind them after enjoying things like pensions, unions, well funded state schools, etc.
Anonymous
Anonymous wrote:
Anonymous wrote:I am a boomer. My first apartment was 200 sf walk up apartment with no AC, no dishwasher, a pullman kitchen that consisted of a mini fridge and hot plate with bars on windows and doors.

Today kids want doormen, pools, gyms in their first apt.

Things are not really more expensive it is expectations are higher. And that costs more.


You really don’t think things are more expensive?


It is only very recently that home prices increased *per square foot.* And that's not even getting into the quality of finishes (nobody had marble countertops in the 60's). Homes cost more mainly because they are larger.
Anonymous
Anonymous wrote:Boomers live in an echo chamber - nothing will penetrate it. More than these arguments about mortgages the real bitterness is over the feeling that the boomers pulled the ladder up behind them after enjoying things like pensions, unions, well funded state schools, etc.


So funny that you all are complaining about Boomers not accepting "facts" when it's the Millenials that are completely ignoring the data:

https://www.wsj.com/personal-finance/millennials-personal-finance-real-estate-50742ffe?st=qrfc0qlfqglupds&reflink=article_copyURL_share
Anonymous
Anonymous wrote:Boomers live in an echo chamber - nothing will penetrate it. More than these arguments about mortgages the real bitterness is over the feeling that the boomers pulled the ladder up behind them after enjoying things like pensions, unions, well funded state schools, etc.


I'll bite.

Sucks being you. Too bad; so sad
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I am a boomer. My first apartment was 200 sf walk up apartment with no AC, no dishwasher, a pullman kitchen that consisted of a mini fridge and hot plate with bars on windows and doors.

Today kids want doormen, pools, gyms in their first apt.

Things are not really more expensive it is expectations are higher. And that costs more.


You really don’t think things are more expensive?


It is only very recently that home prices increased *per square foot.* And that's not even getting into the quality of finishes (nobody had marble countertops in the 60's). Homes cost more mainly because they are larger.


It’s not like current young people can help that. The housing supply is what it is. Builders build huge expensive places because they can make the most profit.
Anonymous
Anonymous wrote:
Anonymous wrote:Boomers live in an echo chamber - nothing will penetrate it. More than these arguments about mortgages the real bitterness is over the feeling that the boomers pulled the ladder up behind them after enjoying things like pensions, unions, well funded state schools, etc.


So funny that you all are complaining about Boomers not accepting "facts" when it's the Millenials that are completely ignoring the data:

https://www.wsj.com/personal-finance/millennials-personal-finance-real-estate-50742ffe?st=qrfc0qlfqglupds&reflink=article_copyURL_share


lol did a boomer write this article?

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Boomers live in an echo chamber - nothing will penetrate it. More than these arguments about mortgages the real bitterness is over the feeling that the boomers pulled the ladder up behind them after enjoying things like pensions, unions, well funded state schools, etc.


So funny that you all are complaining about Boomers not accepting "facts" when it's the Millenials that are completely ignoring the data:

https://www.wsj.com/personal-finance/millennials-personal-finance-real-estate-50742ffe?st=qrfc0qlfqglupds&reflink=article_copyURL_share


lol did a boomer write this article?



Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Boomers live in an echo chamber - nothing will penetrate it. More than these arguments about mortgages the real bitterness is over the feeling that the boomers pulled the ladder up behind them after enjoying things like pensions, unions, well funded state schools, etc.


So funny that you all are complaining about Boomers not accepting "facts" when it's the Millenials that are completely ignoring the data:

https://www.wsj.com/personal-finance/millennials-personal-finance-real-estate-50742ffe?st=qrfc0qlfqglupds&reflink=article_copyURL_share


lol did a boomer write this article?





Its funny making the case that the wealth jump from very very very small to very very small is something to celebrate look at the total wealth graph
Anonymous
Anonymous wrote:
Anonymous wrote:Boomers live in an echo chamber - nothing will penetrate it. More than these arguments about mortgages the real bitterness is over the feeling that the boomers pulled the ladder up behind them after enjoying things like pensions, unions, well funded state schools, etc.


I'll bite.

Sucks being you. Too bad; so sad


eh I'm GenX, got a job with no real qualifications, a college degree with small loans, a house during the 2008 crash, and going to retire early with plenty.

My parents are Silent Generation so I've not a big stake in this fight, other than be pleased that on the whole boomers are fading from the public eye.
post reply Forum Index » Money and Finances
Message Quick Reply
Go to: