Reply to There is no housing crisis in MoCo or most of the DMV for that matter

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Reply to "There is no housing crisis in MoCo or most of the DMV for that matter "

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Signed, a boomer that got their housing for 3 blueberries back in 1940 from a Sears catalog. Go talk to young people, even high earners, on how difficult it is to buy a house nowadays. [/quote]

No Boomer was buying a house in 1940, on grounds that no Boomer was even born yet in 1940.[/quote]

Yup, younger  posters here are angry and jealous, as well as ignorant.[/quote]

When you bet against the younger generation, you always lose.[/quote]

Baby Boomers have done quite well betting against younger generations.  They had the relative population/social-voting power to do so.

[i]Their[/i] Social Security isn't in danger.  The government has massively enabled and bailed out [i]their[/i] market investments. Tax cuts have hit [i]their[/i] life-stage sweet spots, from the vast increase in the allowable untaxed estate from their parents to the even-more-tax-advantaged-than-1031 capital appreciation exemption for housing.  The immense debt that resulted is primed to fall on the generations immediately after them.[/quote]

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