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Reply to "Why do people think Boomers had it so good?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The whole argument is stupid. But anyone is welcome to buy a house that the Boomers had available to them a high interest rates. Go forth with that 2 bedroom, 1 bath, 1200 sq foot abode.[/quote] Many of those homes don't exist anymore. You will likely be buying a condo instead, which is totally fine by me. I'm a young Gen X and bought my first home last year. It's a 2BR, 2BA condo. I'm not demanding that the government give me a SFH or kick our elders out of their SFH.[/quote] Agreed. But fact remains that majority of boomers lived with "a lot less". Most were in 1200-1500 sq ft homes-3 bedroom and 1.5 to 2 baths. They didn't live in 4000sq ft + mansions. or even 2400sq ft homes. They had ONE tv, not 3+. They often lived with one car--the SAHM would drive the dad to work or the family went without a car during the day. Kids played outside with the niehgborhood kids after school, most didn't go to 3 hours of dance/gymnastics/club BB/etc. But nowadays the equivalent home is a condo or TH, in rare instances there are newer smaller SFH. And don't start on intrest rates-I can recall my parents having a mortgage for 16%+. [/quote]
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