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Real Estate
Reply to "Boomers can’t downsize "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The Boomers paid like $1500 for tuition, $50k for their first home and then when their parents died at normal ages, got inheritances in their 40s. Now they’re super charged with modern medicine, loaded, and aren’t going anywhere. They’re also not maintaining their houses. Just check the market and see all the “as is” $1.2Ms that have fallen into disrepair. These folks need to start riding off into the sunset.[/quote] They were also making $40,000 a year with a masters degree. And their parents were primarily blue color workers- no inheritance. [/quote] +1 Thank you.[/quote] +2. Late boomer here. We graduated into a recession and took whatever job would pay the bills if we didn’t option of going to grad school. I paid 12% on a PLUS loan. [/quote] Millennials graduated into a recession too. You didn't have it harder, we all have had it hard. The comparison game doesn't look good on you [b]grannies[/b].[/quote] NP. You don’t need to be ageist. You could have left that off and still have been successful in your comeback. Ageism is pernicious. —genX [/quote] Graduated early 80s. Huge recession factories closing, massive inflation , 18 percent interest rates. Billy Joel singing “livin here in Allentown closing all the factories down our teachers lied that an education gets you a job” Springsteen sang The River “isn’t any work on account of the economy”. All the recessions since have never been bad enough for the most popular artists to write devastating lyrics about the difficulties. Life is way easier and cushy today but people don’t appreciate it at all and are treading water in a sea of covetousness and envy.[/quote]
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