They already owned houses that cost approximately 1x their combined salary or less when they initially bought them back in the 70’s & 80’s and they’ve all been paid off for a while now. They can use them at leverage to buy more and rent them for extra revenue on top of their pension.
They held on to their jobs to the detriment of their children, and then required higher education degree to do the job they’ve been doing with basically a high-school or vocational college degree. And now they’re hoarding all the housing, again, to the detriment of their children. And they have the gall to call their kids lazy when they’ve been basically competing with them the whole time, preventing their children from reaching their life goals.
My boomer dad inherited his mom’s house, then sold it to a rich guy to rent out. His house will go to my bitch stepmom or her kids. Dgaf, I worked for my own. Gen X rules
vibrational thank you auto correct.
I guess you could say Boomers made bets that paid off big in the Bay Area. They’ve been rewarded for the risk, but damn it sucks just trying to live here when you don’t make big money.
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They already owned houses that cost approximately 1x their combined salary or less when they initially bought them back in the 70’s & 80’s and they’ve all been paid off for a while now. They can use them at leverage to buy more and rent them for extra revenue on top of their pension.
They held on to their jobs to the detriment of their children, and then required higher education degree to do the job they’ve been doing with basically a high-school or vocational college degree. And now they’re hoarding all the housing, again, to the detriment of their children. And they have the gall to call their kids lazy when they’ve been basically competing with them the whole time, preventing their children from reaching their life goals.
I can’t fathom a world where I could buy a house for a year’s salary. It’s nuts.
My boomer dad inherited his mom’s house, then sold it to a rich guy to rent out. His house will go to my bitch stepmom or her kids. Dgaf, I worked for my own. Gen X rules
vibrational thank you auto correct. I guess you could say Boomers made bets that paid off big in the Bay Area. They’ve been rewarded for the risk, but damn it sucks just trying to live here when you don’t make big money.
In the bay area they’ve also gone hard into NIMBY. Prices are the way they are because they’ve blocked a lot of new construction permits for decades.
Yeah. That happens a lot with my phone lol