General Discussion

OilemFirchen

(7,288 posts)

142. I'm well aware of real estate inflation over the past number of years.

Sun Feb 20, 2022, 02:36 PM

Feb 2022

Thankfully, we own our home outright. We couldn't possibly afford a different house in our neighborhood, with prices having quadrupled in the past decade. We couldn't afford our own house, were it on the market. This, BTW, is smack dab in the middle of the rust belt.

That begs the question I asked of you: Who's buying homes in our own neighborhood? We know the answer, as we're keenly aware of the demographics of our newer neighbors.

So, I'll ask with a bit more specificity: Who's buying the hyperinflated homes in your area? What generation? It's apropos to this thread, wouldn't you agree?

And another question, if I may indulge you: Why is the San Francisco region so amenable, such that real estate values are so disproportionally high?

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"Boomers seem very resistant to understanding that the living standards".... [View all] Budi Feb 2022 OP

+1000 PortTack Feb 2022 #1

Here's the problem in David2022's statement Budi Feb 2022 #195

Aaah! Fresh air! Iggo Feb 2022 #198

I know, indoor toilets and running water instead of milking cows and mucking manure. L. Coyote Feb 2022 #2

Oh right, we 'boomers' just don't understand the living standards of our children's generation. elleng Feb 2022 #3

Every generation thinks the older generation had it so much better. I remember being so jeolous of Demsrule86 Feb 2022 #90

I grew up aware that life was much harder for my parents' and grandparents' generations. CBHagman Feb 2022 #115

My Dad was an engineer and my Mom was a RN...we were not rich but we hade a nice home and Demsrule86 Feb 2022 #120

This message was self-deleted by its author Budi Feb 2022 #194

In my day, Wuss xyz dweller Feb 2022 #4

While you joke about technological advancement, standards such as home ownership are withering. LonePirate Feb 2022 #5

Everything cost less back then. sheshe2 Feb 2022 #11

As a gen "x" gay texan Feb 2022 #12

Exactly TheRealNorth Feb 2022 #16

I wouldn't say impossible madville Feb 2022 #73

you do know that GenX is mostly right-wing right? Demsrule86 Feb 2022 #109

Yes gay texan Feb 2022 #132

Well, you say that, but ... muriel_volestrangler Feb 2022 #166

Most of the Genx's in Ohio I know are Republicans...where as the older and younger voter are not. Demsrule86 Feb 2022 #201

Boy, hope the generational progression holds true. It's way past time Hortensis Feb 2022 #192

Female boomers never had the opportunity to earn a living wage spooky3 Feb 2022 #20

Thank you, and scholarships went to white males. Plus our pay was way below pay for men. we can do it Feb 2022 #78

My sisters graduated a progressive High School in 1972, and Home Economics was a stressed trade. TheBlackAdder Feb 2022 #196

Good lord. we can do it Feb 2022 #197

I graduated from college mcar Feb 2022 #103

Same here. Women started out in the business world with admin positions and had to smirkymonkey Feb 2022 #200

Even graduating from college was no assurance you'd get a living wage. llmart Feb 2022 #124

I didn't get lucky. I started my first real full time job leftyladyfrommo Feb 2022 #187

The math says you are wrong at least in 2 locations. KentuckyWoman Feb 2022 #48

Yeah, this is out of touch Sympthsical Feb 2022 #128

Who's buying these hyperinflated homes in your area? OilemFirchen Feb 2022 #130

People moving away from the city due to WFH Sympthsical Feb 2022 #137

I'm well aware of real estate inflation over the past number of years. OilemFirchen Feb 2022 #142

Generation X mainly Sympthsical Feb 2022 #147

Not Boomers, then. OilemFirchen Feb 2022 #160

I'm upper middle class Sympthsical Feb 2022 #162

If someone bought a house in the 1970s at 40 years old, that person was not a Boomer. OilemFirchen Feb 2022 #171

Red-lining is a great social and economic injustice Sympthsical Feb 2022 #189

This message was self-deleted by its author KentuckyWoman Feb 2022 #174

On top of that, the % home ownership hasn't fluctuated more than 2.7% either way in over 30 years... George II Feb 2022 #176

The average home size was much smaller then, but everyone raccoon Feb 2022 #68

And a lot of families had only one car forthemiddle Feb 2022 #83

I'm older than you but it sounds a lot like my family's lifestyle. Nt raccoon Feb 2022 #86

My family always bought used cars and eating out was so rare I remember each time. betsuni Feb 2022 #88

We only had one car for most of my childhood and Dad always bought used cars. Demsrule86 Feb 2022 #110

THe only time we at out was whistler162 Feb 2022 #207

My family had none. iemanja Feb 2022 #156

In my family, there were five kids and my Grandma lived with us in a three bedroom Demsrule86 Feb 2022 #95

Where I live, all of the new homes going up Mariana Feb 2022 #126

Most people had 2 or 3 bedrooms and 1 bathroom. leftyladyfrommo Feb 2022 #188

The % of home ownership has actually remained fairly stable with minor ups and downs... George II Feb 2022 #170

Spoken by someone who thinks the world started at his birth. brer cat Feb 2022 #6

Post removed Post removed Feb 2022 #45

My father, like many, had to shovel coal into the furnace to heat the house Wicked Blue Feb 2022 #7

I grew up like your father.....coal furnace and all. pidge Feb 2022 #46

We had a clothes line. Texaswitchy Feb 2022 #55

Yep. I'm trying to show that boomers haven't always had better standards of living Wicked Blue Feb 2022 #119

I Know some of my uncle's boomer friends never did that well their whole lives - OhZone Feb 2022 #8

not this Boomer Skittles Feb 2022 #9

I think I am technically at the very tail end of the Boomer generation, but have heard it smirkymonkey Feb 2022 #203

I too feel for the young folk Skittles Feb 2022 #210

These generational battles on DU jcgoldie Feb 2022 #10

David2022 could explain what he really meant, then. Budi Feb 2022 #17

with ya ' 100 % ! monkeyman1 Feb 2022 #47

Preach it, as a sister of a Vietnam vet. Boomerproud Feb 2022 #98

"Broadbrushing an entire generation" PatSeg Feb 2022 #100

David2022 is not some rando on Twitter. He is David Austin Walsh, a postdoctoral fellow in the Celerity Feb 2022 #145

My brother won the last draft lottery and he was born in 1956 Dave says Feb 2022 #182

there were still lotteries held, but the last call up that saw Vietnam combat duty was in 1972 Celerity Feb 2022 #185

David2022 is not some rando on Twitter. He is David Austin Walsh, a postdoctoral fellow in the Celerity Feb 2022 #145

We boomers got almost free college and cheap houses alittlelark Feb 2022 #13

Not close to true. Spoken like a white male thinking others had your advantages. we can do it Feb 2022 #75

Spoken like a white female who Lived it. alittlelark Feb 2022 #111

I am not a boomer...a bit younger but I sure didn't get free college. Demsrule86 Feb 2022 #116

Bullshit. Late BBs closer to GenX, denied scholarships and jobs given to unqualified white men. we can do it Feb 2022 #118

So u r all about MALE boomers alittlelark Feb 2022 #121

Married/straight/white/priveleged to be precise. we can do it Feb 2022 #122

the good old days weren't so great iemanja Feb 2022 #155

That is not true at all. We faced double digit interest rates and loans which required 20 % down... Demsrule86 Feb 2022 #92

How did you get a cheap house? iemanja Feb 2022 #152

Your mom had to pump the water... druidity33 Feb 2022 #14

David2022 dropped the broadbrushed statement. I responded. Budi Feb 2022 #22

Did you read my post? druidity33 Feb 2022 #70

Yeah, boomers never had to think about Beastly Boy Feb 2022 #15

As a boomer, I can say that you could start... ret5hd Feb 2022 #23

Opportunities change, priorities change, but GDP per capita, Beastly Boy Feb 2022 #41

Great post! smirkymonkey Feb 2022 #204

Proving the point. Way to go n/t kcr Feb 2022 #49

Not sure at all what you mean. Care to elaborate? Beastly Boy Feb 2022 #53

because Boomers aren't into Starbucks or Netflix Skittles Feb 2022 #64

This is just as simplistic as the tweet I am mocking. Beastly Boy Feb 2022 #80

omg Skittles Feb 2022 #179

Thank you. Beastly Boy Feb 2022 #181

This Boomer doesn't envy his generation their world. Ron Obvious Feb 2022 #18

Yes. It means, 'continue on with what bothers you' Budi Feb 2022 #24

Boomers reasonably expected better life Bobstandard Feb 2022 #19

Drafted to a Jungle wasn't 'easier'. It fkd up a lot of people who were ready to start their life. Budi Feb 2022 #26

Most weren't. Effete Snob Feb 2022 #30

Really? So for those that did, they're irrelevant? Budi Feb 2022 #35

There are plenty of millennials and younger who served in post 9/11 wars AZProgressive Feb 2022 #67

My "son of boomer" expects house, retirement, 4 cars... RainCaster Feb 2022 #21

I expected house, retirement, decent car... ret5hd Feb 2022 #25

I got it too, but I worked 40 years for it. RainCaster Feb 2022 #27

He knows it is never in the cards. ret5hd Feb 2022 #33

My son is saver...he has a great deal of money in the bank, a nice, a wife and an adorable baby. Demsrule86 Feb 2022 #97

At 61 I have my first house, which is really my husband's. betsuni Feb 2022 #99

That is ridiculous and David should know better. I get where he is coming from. Demsrule86 Feb 2022 #107

There are still opportunities out there madville Feb 2022 #112

Who taught him to be that way? nt. Mariana Feb 2022 #66

If you are talking about your own son Bettie Feb 2022 #84

Oh lord Sympthsical Feb 2022 #28

Actually you are incorrect. I brought it here because it is a lie. Budi Feb 2022 #36

There are thousands of lies on Twitter everyday... progressoid Feb 2022 #135

David2022 chose to make his post. He's one of millions repeated on a loop Budi Feb 2022 #205

"Wasp nest in a bingo hall"! BlackSkimmer Feb 2022 #85

Completely unrelated Sympthsical Feb 2022 #102

I'll bite since you put it out there - so what might that word be? George II Feb 2022 #172

Banana hammock Sympthsical Feb 2022 #173

Apparently not - I've never heard of that expression and clearly don't know what it means. George II Feb 2022 #177

Which is oddly appropriate for the thread Sympthsical Feb 2022 #184

Not really, but whatever. Thanks for the insult, I think. George II Feb 2022 #186

And 2000 years ago Romans wiped their asses with sponges. meadowlander Feb 2022 #29

massive transfer of wealth? I'd say blame that on... electric_blue68 Feb 2022 #34

Thank you. REAGAN. REPUBLICANS. Budi Feb 2022 #38

Yup electric_blue68 Feb 2022 #40

Yw... electric_blue68 Feb 2022 #42

Thank you for being in the middle of that hard battle. But damned if we didn't succeed!! Budi Feb 2022 #44

Oh, your thanks is unwarrented (I think) - these Choice Marches while essential to... electric_blue68 Feb 2022 #51

Good for you. We did it once & that determined spirit will carry on with you 🍃 Budi Feb 2022 #57

"We gave it to you." Mariana Feb 2022 #58

LOL. NOPE! We all know who dropped the ball in 2016. Budi Feb 2022 #60

The majority of voters of Boomer age cast their ballots for Trump in 2016. Mariana Feb 2022 #65

That is not true. Demsrule86 Feb 2022 #114

Denying reality doesn't help. Mariana Feb 2022 #117

Oh look!! A truth bomb Autumn Feb 2022 #123

I'm not interested in wasting time blaming anyone. meadowlander Feb 2022 #131

Well, I hope so, too. I have a few gens of younger cousins, plus just on general principles... electric_blue68 Feb 2022 #212

Things are just different. Yeah a lot has changed. captain queeg Feb 2022 #31

I remember eating a lot of homemade hamburger helper and meatloaf growing up. Texaswitchy Feb 2022 #32

I had to steal to eat after my father abandoned the family. 58Sunliner Feb 2022 #37

That is so sad. However, the guy who wrote the post is likely not in such dire straits. Demsrule86 Feb 2022 #93

I think it's a mixed bag ... electric_blue68 Feb 2022 #39

another one of these? Kali Feb 2022 #43

thank you, Admins Kali Feb 2022 #199

Not buying it RainCaster Feb 2022 #50

I'm betting David2022 has bought his share of environmentally toxic plastic water bottles also. Budi Feb 2022 #54

Aaaaand here we go with distress inarticulately being phrased in inaccurate terms, and thus being... JHB Feb 2022 #52

David2022 should maybe learn to rephrase his inarticulation Budi Feb 2022 #61

He says he's an "Ivy League PhD" and teaches, so it's his job to be articulate! betsuni Feb 2022 #63

Thank you for proving my point JHB Feb 2022 #71

As one of the not so numerous 25yo and younger posters here, I am dismayed to see this dross. Celerity Feb 2022 #56

Goes with boomer bashing. Texaswitchy Feb 2022 #59

As if there is any remotely comparable level of boomer bashing here. Celerity Feb 2022 #69

More power to you. Literally. Tom Rinaldo Feb 2022 #72

The post 1965 crowd did not step up to vote when they turned 18. Texaswitchy Feb 2022 #74

+1000000000000 betsuni Feb 2022 #76

This! mcar Feb 2022 #105

Your telling me to show some respect when I simply am commenting on the prevalence Celerity Feb 2022 #125

As an older person I taught my children and Grandchildren respect is earned not given. Autumn Feb 2022 #144

I do not see any respect. Texaswitchy Feb 2022 #163

As an older person I see way too many preconceived notions about young people. Autumn Feb 2022 #167

What you've described is absolutely no different than when we were young. OilemFirchen Feb 2022 #178

I taught my children to give respect to those eho earned it and that they had to earn Autumn Feb 2022 #190

Thanks for speaking up AZProgressive Feb 2022 #77

I hope so. Texaswitchy Feb 2022 #79

It's the third rail Bettie Feb 2022 #91

You don't even have to mention Boomers. Mariana Feb 2022 #140

True Bettie Feb 2022 #169

I enjoy your posts Celerity iemanja Feb 2022 #159

thanks! Celerity Feb 2022 #164

I think you've misread the OP, Celerity, and your post is unhelpful muriel_volestrangler Feb 2022 #165

I did not misread the tweet nor the intent of the OP. Some of the replies illustrate the very points Celerity Feb 2022 #168

He uses the word "gerontocracy." Oh, David. Future generations will whine about yours, too. betsuni Feb 2022 #62

Hammer meet nail. we can do it Feb 2022 #82

This thread is depressing, stereotypes and closed eyes Amishman Feb 2022 #81

Thank you for posting this Bettie Feb 2022 #87

My sweet summer child - you've brought statistics to a pity party. meadowlander Feb 2022 #133

LMAO.. Bettie Feb 2022 #136

Across shag carpet Sympthsical Feb 2022 #138

I don't mean to belittle you but I graduated college leftyladyfrommo Feb 2022 #89

I think it's time some of these people realize that what they have was earned off the backs.... George II Feb 2022 #94

Be thankful you didn't face a draft board ready to send your Emile Feb 2022 #96

... mcar Feb 2022 #101

yay more divisive arguing! CrackityJones75 Feb 2022 #104

Well, they know that touching the third rail Bettie Feb 2022 #134

Poverty was much worse than the sixties and the seventies cinematicdiversions Feb 2022 #106

I worked three jobs when I was first starting out and did home daycare when my older kids were Demsrule86 Feb 2022 #108

Our kids wore cloth diapers to save money. During the Emile Feb 2022 #113

Every generation Corgigal Feb 2022 #127

It's not about blaming. It's about the steadfast refusal to support policies to help Sympthsical Feb 2022 #129

I get it about student loans. Texaswitchy Feb 2022 #150

My first election was in 2000 Sympthsical Feb 2022 #161

"Not our fault!" (which isn't even accurate) KentuckyWoman Feb 2022 #180

Who put the policies in place? Sympthsical Feb 2022 #183

Like I said. KentuckyWoman Feb 2022 #213

I wonder if David2022 is influenced by watching 50s/60s tv shows Zorro Feb 2022 #139

My father didn't wear a tie and suit. Texaswitchy Feb 2022 #141

That's what I mean Zorro Feb 2022 #143

The main part is whatever motivated states treestar Feb 2022 #148

I really don't know what makes some of these people hippywife Feb 2022 #149

If the David2022's say it, it must be true, right? Right? Budi Feb 2022 #151

I've heard it way more than once hippywife Feb 2022 #154

The Da id2022's have been replicating that same mssg for 6 long years. Budi Feb 2022 #157

That narrative only applies iemanja Feb 2022 #153

American Millennials are facing complex, rapidly changing economics ismnotwasm Feb 2022 #158

"... a dad trying to get his sons to figure out a rotary phone. I mean, why?" Mariana Feb 2022 #193

Neither of my Boomer parents went to college, had a 14k house at age 21 RANDYWILDMAN Feb 2022 #175

My MIL and her friends bought our babies the nice outfits I loved Hortensis Feb 2022 #191

Reminded me that my brother's and my kids were dove tailed together alphafemale Feb 2022 #206

Oh, the humanity! That sounds really nice. Our boy and girl Hortensis Feb 2022 #208

My daughter and son were about 3 years apart alphafemale Feb 2022 #211

A lot of boomers struggle themselves nini Feb 2022 #202

It is the staggering debt that is the problem alphafemale Feb 2022 #209