Roberto-Del-Camino t1_j7okk8c wrote
Reply to comment by AboyNamedBort in These housing numbers are insane. In some towns the cost to buy a house is 10x the average salary. by LopsidedWafer3269
Funny you should say that. Most of the buyers paying these crazy prices are gen-x or millennial. Where are they getting the money? From their dead boomer parents. That’s why the income level is way below the property values.
Starrion t1_j7pcyuc wrote
Not many Gen-x I know have boomer parents. More millennials.
Roberto-Del-Camino t1_j7q5aaj wrote
The baby boomers were born from 1946-1964. Gen Xers we’re born from 1965-1980. So boomers born in the late 40’s and early 50’s definitely had a lot of kids born from the mid-to-late 60’s through 1980.
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