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Reply to "The median Boomer has a housing cost of $612. That includes taxes and insurance. "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Circling back on this topic, I found this to be an enlightening read. Go through the whole thread on Twitter and you’ll understand why younger American generations are at a very distinct disadvantage to Boomers: [twitter]https://twitter.com/VincentDeluard/status/1780679971146731837[/twitter] [twitter]https://twitter.com/VincentDeluard/status/1780679979610861835[/twitter][/quote] Who needs facts and actual statistics when you can have anecdotes from Boomers who had to walk up hill both ways in the snow![/quote] Boomers had Vietnam, the draft, double digit interest rates, a sluggish job market in the 1970s, stagflation, massive corporate layoffs in the late 80s and early 90s, late 80s housing crash plus the 2008 housing crash. Many Boomers grew up /live in decaying towns and smaller cities that never really recovered from industrial decline and offshoring. Not a Boomer but some of you with a twist in your panties about Boomers need to get over it. [/quote] My boomer parents' house did not increase in value in 15 years in NJ, and they sold it at a loss in 2001. Values didn't recover in the neighborhood from mid to late 80s peaks until the late 2010s.[/quote]
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