Reply to Silver Spring versus Bethesda & Chevy Chase

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[quote=Anonymous][quote=Anonymous]Actually those right around 40 years old also got screwed.  Look at the economy within the first years when they came out of college, especially if they went to grad school right away and then tried to work -- remember the recession?  History shows that most wages don't recover if they start low (which is the same concern we have today for Milllenials starting at low salaries).

And then today, many of those right around 40  are stuck in the middle because of non-retiring baby boomers.    It's definitely a public/private issue.

[/quote]

I don't think this is true at all. We had the lowest number of kids ever. It was easy to get into good colleges and there were plenty of jobs when we graduated. In 1995, I was making $10/hr in an internship. That was decent back then. I was earning 10% in the bank. DH and I bought our first places when we were 27 and 29. When we sold them 3 and 6 years later (one before the crash and one at the end of it) we made a 1/2 milion dollars in appreciation tax free. [/quote]

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