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Posted on 5/29/26 at 7:35 pm to Wwarmouth
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If tweet fails to load, click here. And Congress is trying to pass a bill that would fuse our military with Isreal's. Good thing the majority of Congress isn't influenced by Israel...oh wait.
Posted on 5/29/26 at 7:44 pm to Wwarmouth
We had historic low interest rates, low inflation, and reasonable housing costs before Covid. You are on here railing against, Trump, Israel, and boomers (which makes you the perfect Mandami supporter) yet I dont hear a peep about China. So incredibly clueless.
In my neighborhood, I see an influx of young families moving in and succeeding. It must be that they had since enough to take advantage of low interest rates and you didn't. So blame the boomers.
In my neighborhood, I see an influx of young families moving in and succeeding. It must be that they had since enough to take advantage of low interest rates and you didn't. So blame the boomers.
Posted on 5/29/26 at 7:50 pm to tgdawg68
What would you like to talk about in regards to China? What are they doing that is newsworthy right now? I'm open for a discussion on China.
No one said buying a house today was impossible. My wife and I bought one last year. The reason this came up was in regards to a wealth gap. If you bought in 2019 vs 2026 you are miles ahead in wealth creation in the vehicle most middle class families build wealth.
I guess not buying a house in our earlier twenties or teens was our fault. We should have saved more of our allowance, you're right.
No one said buying a house today was impossible. My wife and I bought one last year. The reason this came up was in regards to a wealth gap. If you bought in 2019 vs 2026 you are miles ahead in wealth creation in the vehicle most middle class families build wealth.
I guess not buying a house in our earlier twenties or teens was our fault. We should have saved more of our allowance, you're right.
Posted on 5/29/26 at 8:12 pm to Wwarmouth
quote:Not your fault. Not boomers fault either.
I guess not buying a house in our earlier twenties or teens was our fault.
quote:
A 80,000 house at 16% Or A 400,000 house at 6.5%
Avg college grad salary in 78 $15,000, 2024 $65,600 so not that different of an environment.
The $400,000 home cost $250,000 in 2020. This has nothing to do with boomers and it makes you look incredibly stupid to blame them over and over and over.
Posted on 5/29/26 at 9:12 pm to Wwarmouth
quote:
"Just buy a duplex 2 hours away bro, it's the same thing"
I literally bought my first home in Barrow County because of the price.
I had an hour commute. With traffic, the ride home could take 2.5 hours.
I took an interest only loan and paid extra to build equity. So I could buy my second home in Dawson County. I put enough down-payment to keep my payment the same.
The drive to work was still an hour, but the worst case scenario was only 90 minute ride home.
Paying extra, my home is paid off in just over 20 years of my first home purchase.
Our family did camping trips for vacations for about 12 years. We brew our own coffee. We drive our vehicles for 20 years.
You literally can get whatever you want in this country if you are willing to sacrifice for it.
Or you can make fun of people like me.
Do you live in your mom's basement? Are you married? What's your situation, comrade?
Posted on 5/29/26 at 9:30 pm to tgdawg68
You're literally making my point dude
What was the average cost of an education in 78? What's was the cost of the median home in 78?
I'm not saying boomers caused every problem. I'm saying the people making the decisions for the last 30-40 years were overwhelmingly boomers and many of those policies benefited existing asset owners while making everything else more expensive for people coming after them.
What was the average cost of an education in 78? What's was the cost of the median home in 78?
I'm not saying boomers caused every problem. I'm saying the people making the decisions for the last 30-40 years were overwhelmingly boomers and many of those policies benefited existing asset owners while making everything else more expensive for people coming after them.
Posted on 5/29/26 at 10:42 pm to meansonny
Nice glad that worked out for you. Surprised you didn't have to walk uphill both ways to work too.
I also have an hour from Gwinnett to Fulton. Bought our home last year....nothing fancy, but it does have 4 bedroom so we could grow into it and not move. Sold for mid 200s like 6 years. Almost double that for us to buy it. Have to do childcare since we both work. 1600 a month for a non ghetto daycare.
Didn't have a wedding, didn't take a honeymoon. People in this generation sacrifice too brother, it's not something unique to you. It also doesn't change the fact that this is the most affordable time in history. Any one out there around my age, even the ones that are killing it, should be annoyed at what has happened to the value of our dollar vs what it used to be.
I also have an hour from Gwinnett to Fulton. Bought our home last year....nothing fancy, but it does have 4 bedroom so we could grow into it and not move. Sold for mid 200s like 6 years. Almost double that for us to buy it. Have to do childcare since we both work. 1600 a month for a non ghetto daycare.
Didn't have a wedding, didn't take a honeymoon. People in this generation sacrifice too brother, it's not something unique to you. It also doesn't change the fact that this is the most affordable time in history. Any one out there around my age, even the ones that are killing it, should be annoyed at what has happened to the value of our dollar vs what it used to be.
This post was edited on 5/29/26 at 10:55 pm
Posted on 5/30/26 at 10:02 am to Wwarmouth
quote:
Any one out there around my age, even the ones that are killing it, should be annoyed at what has happened to the value of our dollar vs what it used to be.
You’re right and it’s absurd. We bought a 3 BR house in 2002 with just one of us working making $35k a year and were still able to save money. That’s not reality these days. That same house just sold for 3 times what I originally paid for it. There is no way it is worth that much. I feel for younger kids trying to make a life for themselves these days.
Posted on 5/30/26 at 3:46 pm to Wwarmouth
quote:
Didn't have a wedding, didn't take a honeymoon. People in this generation sacrifice too brother, it's not something unique to you. It also doesn't change the fact that this is the most affordable time in history. Any one out there around my age, even the ones that are killing it, should be annoyed at what has happened to the value of our dollar vs what it used to be.
And you are a homeowner.
Inflation isn't new. And it will never be old. It sounds like you are on your way.
My wife and I married, honeymooned, and paid for both families to attend the wedding in Gatlinburg for under $3500 (2002). It was a small wedding. 13 of us counting the mayor/minister.
The beauty of humankind is the ability to figure shite out. If it is important to you and you truly give a shite, you will find a way.
Posted on 5/30/26 at 3:48 pm to Rex Feral
quote:
I feel for younger kids trying to make a life for themselves these days.
I dont.
I feel for anyone trying to do it in this world alone.
That shite is hard. According to statistics, more and more people are single. And I get it. We aren't a 1 income society anymore. Thank a feminist.
Posted on 5/30/26 at 4:10 pm to meansonny
quote:
Thank a feminist.
Agree. That has changed society and and the economy. And Not for the better. More workers is part of the reason wages have stagnated while inflation continues to do its thing.
Posted on 5/31/26 at 7:24 pm to Rex Feral
Posted on 6/1/26 at 12:00 pm to Wwarmouth
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If tweet fails to load, click here. Ceasefire off. Inflation to continue to rise. The juice win again.
Posted on 6/1/26 at 1:31 pm to Wwarmouth
Posted on 6/2/26 at 6:08 am to Wwarmouth
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"We haven’t had a real recession in 17 years. The stock market seems to hit new all-time highs every other day or so. The homeownership rate is 65%. Two-thirds of American households own stocks. The unemployment rate is 4.3%.
"More bad things aren’t happening today than in the past. It’s just that now you’re forced to learn about them all the time because we now have the sum of human knowledge and activities in our pockets.
The information age can turn you into a cynical person without ever realizing you’ve been radicalized.
Maybe we’ll get used to it eventually. For now, sentiment readings are just off and likely will be for some time.
In the meantime, turn off the cable news for a while. Log off social media for a few days. Avoid politics like the plague.
Go outside."
Since th boomers on here don't use X I will post some self aware pushback on my doom and gloom narratives. Although I will say the point on homeowner ship is close to a "other than that, how was the play, Mrs. Lincoln?"
Posted on 6/2/26 at 6:54 am to Wwarmouth
Back to the regularly scheduled program
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