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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]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. [/quote] My 23 year old recently informed me that he would not buy our home for what it would be listed at. It wouldn't meet expectations.[/quote] I kind of get this. It used to be that home prices somehow related to the house: a little bungalow house was cheap, a burb house was affordable, a mansion was expensive. My house cost 400k (which felt fair) and someone buying it now just a few years later would have to pay 900k...I think it'd be sheer lunacy to do that. It's not that nice, it's certainly not 900k nice. For 900k I'd want something MUCH better. [/quote]
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