Reply to Anyone else who will likely never be a home owner?

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Reply to "Anyone else who will likely never be a home owner?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]
OK.  I'll bite. I'm a gen xer in my mid-40s.  What systemic barriers did you face that i didn't? [/quote]

Multiple recessions[/quote]

Gen Xer here who graduated college in a recession and spent years underwater on a condo during the Great Recession of 2008. I also had unpaid parental leave and had to pay 100% of my student loans even though I’ve spent my career in public service. [/quote]

What recession did you graduate from college in? [/quote]

Early 1990s was a huge recession with really terrible employment opportunities for recent college grads. I knew Ivy League grads working in retail for 1-2 years.[/quote]

Lol, what a drama queen. Here is how wikipedia describes that "huge recession": "After the lengthy peacetime expansion of the 1980s, inflation began to increase and the Federal Reserve responded by raising interest rates from 1986 to 1989. This weakened but did not stop growth, but some combination of the subsequent 1990 oil price shock, the debt accumulation of the 1980s, and growing consumer pessimism combined with the weakened economy to produce a [b]brief recession[/b]."

Some of us are old enough to remember these times and know that this is not even close to what the younger generations (and I am a Gen Xer) have gone through.[/quote]

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