The angry chip on your shoulder is clear and your tea leaves are easy to read.oh, cut the shit.
If we polled anyone with half a brain.
And asked if you'd rather
a) buy a house at 150-400k and have a 4.1% interest rate over 30 years, and a wage growth of almost nill. and your home will be worth about what you bought it for, if you're lucky
b) buy a house, a new house for 22-26k at a % rate of 7% over 15 years. and a huge wage growth over those years. and your 22k-26k home will be worth 350k
What one do you pick.
boomers are phucking blind.
My home, to increase in the value like my parents homes have.
It have to be valued at 2.4 million dollars in 2029.
It won't be worth north of 300k .
House he bought new in 1970 for 22k is worth, last sold in 2016 for 420k
house they bough in 1978 for 77k last sold in 2015 for 559k
file your rant under. OK BOOMER
The same boomers bitching that todays youth don't have jobs are the same fools that refuse to retire to open up those good salary jobs.
They should revoke the you can work and collect s.s. It should be no s.s. if you are still in the work force period.!!!!
No other generation has had the wage gains and the home valu gains as the boomer generation. get most can't retire. cuz they are broke. or refuse to retire as they have no LIFE outside their job.
Jobs that would normally have opened up to others. haven't.
Other jobs got outsourced So your retirement accounts could make money.
And now you wonder why, the youth can't buy a home with that part time service job that is the only thing avail. even if they have a college degree!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Your presumptions sound like an entitled hand out democrat and your conclusions are wrong.
FYI a college degree may increase options but has never guaranteed any job so ditch that perception.
A part time service job has never been sufficient to secure a mortgage so shitcan that one, too.
I tried to keep this simple for you and not waste ink.