>be boomer
>bought family house in 20s for ~100k
>watch their kids spend 100k+ to make min wage while house prices are 5-10x
>”WHEN ARE YOU GONNA MOVE OUT???”
Are boomers mentally retarded or are they just evil and don’t care if their kids are rentoid debtslaves their entire life?
Also why do boomers not release house equity or downsize to help fund their kids?
you sound like a failure
Bruh in the twenties it was 20k to 50k for a family house. ~100k was in the 50s. And now you pay $2M for that house
boomer life was more boring...
Protip get Bitcoin
Nah people with means give their kids a leg up.
They don't get funded because the boomers are indeed broke. They don't actually have any money. They look down on me like I'm poor in my six year old camry but I could buy them lol.
It's a state called 'house poor' wherein their balance sheets look OK but you quickly realize its all tied up in the roof over their head.
t. 1%, and read their personal financial statements
found the boomer who can’t provide for his family
true but even the ones that can give very minimal legs up, maybe 10k to a deposit. Still could easily downsize the house
>be zoomer
>dont get millions in inheritance
>wont work to better themselves like thier ancestors did
>huurrrrrrrrrrr muh boomers!
kys
why the fuck do you people lick globalist pedophiles boots so hard by buying into this lie of “bettering yourself” even with a stem degree from the most prestigious uni/college you’d only expect to make 40 maybe 50k max (uk idk america), for mortgage 225k which isn’t enough to buy a 1 bed flat in 90% of this country
I would say most US middle to upper middle class boomers are house poor.
But then they sign up for reverse mortgage so schlock can buy their house back from them. To keep up appearances while their kids own nothing
The data I've been privvy to in my neck of the woods confirms this. Almost without exception. They also think their homes are 'their greatest/biggest investment' when in fact they are not an investment at all.
Real estate is only an investment when you're not consuming it (living there/getting high on own supply).
Your point is valid but boomers weren't even alive in the 20s, retard.
in THEIR 20s, as in 20-29 years old you fucking moron
Oh, look you fixed it. Dumbass.
>be millenial
>bought first house for 120k on a short sale in a lower income area
>fixed it up and sold at a profit
>budgeted and paid off student loans
>now living in nice suburban house similar to my parents when i was my kids age
It isnt hard. You just expect instant gratification and things handed to you on a silver platter
>his parents own a house
>he knows his parents
You need to check your white priviledge
If you're not working in a steel foundry or an automotive assembly line, you're lazy. No, it doesn't matter that your job is actually harder or those jobs are only outsourced now.
you know how if you dont learn to speak past a certain age you basically wont be able to?
how if you dont form a sexual relationship by a certain age your ability to pairbond goes out the window?
same thing is happening to younger mils and gen z with regards to owning a property.
Based retard
>t. never owned a house