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Real Estate
Reply to "Generation Y and Real Estate requirements"
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[quote=Anonymous][quote=Anonymous] I hate to say that things seem like they were much easier for the boomers, but, financially, it seems that they were, looking at how life played out for my parents and their friends. [/quote] Why do you hate to say this? This is absolutely true. There were pensions, good and affordable health insurance, cheap college degrees that didn't put you in debt up to your eyeballs for the rest of your life, much cheaper housing. The Generations before X and Y were a lot more secure than we ever will be. My husband and I have to cover retirement completely out of pocket after-tax - we don't have benefits other than health insurance through our jobs. And honestly, we're thankful for that ONE benefit, because I'd hate to try to live without health insurance or to try to get private insurance to the tune of $1500/month. And good luck putting your little lovelies through college on your own in 15 years - even state schools are going to require $100K+. And like it or not, taxes are going to go up at some point - there are no other options, no matter what the insane Congress and Presidential Candidates like to tell us. Good luck with all these things out of your own pocket that many previous generations didn't worry so much about...[/quote]
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