Submitted by Fatherthinger t3_z619s2 in wallstreetbets
yummi_1 t1_iy1j7co wrote
Reply to comment by darkspd96 in Tech's reality check: How the industry lost $7.4 trillion in one year by Fatherthinger
Boomers have had a few bad periods if they were invested. Totally agree the best investments they ever made were in their houses. I bought my first house in late 80's for 68,000 and now that house is worth 900,000. I'm sure it will drop from there.
Income back then was around 50k a year, I make around 4x that now. So ya, owning a home back then was the way to go.
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