Reply to Honestly the complete disregard for GenX financial strain is getting old

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Gen X was not old enough to barely impacted at all by 2000 stock market crash or 2008 Financial crisis.

I am a younger Boomer and I was too young to be impacted. I am not yet 65 yet so no taking anyones job. 2001-2003 2008-2018 were just buying opportunities for stocks for me an all of Gen X.

Generation X generally includes individuals born between 1965 and 1980.

Homes were priced pretty good between 2009 and 2019 so that would be 29 to 54 peak home buying years for both starter and trade up homes.

If anything older Boomers had it worse. Many  bought trade up homes or newly retired from 2005-2007 and saw home prices collaspe along with their 401ks at a time they were doing RMDs, so selling at the bottom.         [/quote]

What are you even talking about??? We are young GenX and we were definitely impacted by the 2005-2007 housing bubble/bust and the 2008 financial crisis. We got stuck in our starter home (underwater) for a very long time and spouse lost his job in 2008, taking almost a year to find another one. [/quote]

+ 1. I was born in 1975 - solidly Gen X. I was 30 years old in 2005. How in the world does this idiot poster think my generation escaped 2005-2007 housing crisis and the financial meltdown of 2008? We could barely afford a house and overbid by over $60,000 to get our crappy house in Arlington. Then my husband’s business almost went under in 2008. [/quote]

+2.  We also bought at the height of the market in 2005 and lost our jobs (both of us) in 2008.  And we became the casualty of white collar work outsourcing already just like Mlllenials and GenZ, we just were the first to travel down the path of diminishing returns and race to the bottom wages in some fields.  [/quote]

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