Recent comments in /f/Showerthoughts

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yamaha2000us t1_ja99i46 wrote

Here is a different viewpoint about home prices.

https://www.cnbc.com/2017/06/23/how-much-housing-prices-have-risen-since-1940.html

As for inflation. The prices of a home is not controlled by inflation but by supply and what people are willing to pay.

Your wages only go back to the 1960's. You need to go back further as to understand what has happened to the Nuclear Family.

Prior to the 60's, women were an auxiliary workforce. Once the Student Loan Program kicked in, more women got degrees and joined the working world. In essence the earning value of a family increased by at least 1/3. The ripple of this is being felt to this day.

My parents were boomers.

I am Gen X. Since both parents worked, I was raised by my Grandparents.

After Gen X, the grandparents had not retired so all age levels are working. So now there are additional expenses for a family
such as daycare etc...

Which created more income.

Which created Higher Prices.

Anyone who throws out the word "Boomer", is parroting buzzwords...

What exactly can you hold the boomer generation accountable for something that was never in their control?

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