yamaha2000us

yamaha2000us t1_jacw22o wrote

Solution?

This is shower thoughts. There are no solutions here. Just exchange of ideas.

As for the complaints about prior generations.

The generation prior to the Boomers fought in A world war.

The generation. Prior to that lived thru the depression.

2 generations prior to that, people were stealing land from the native Americans.

The current generation is just as accountable for their actions as prior ones.

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yamaha2000us t1_ja9qphj wrote

Only the last one quotes a US government source and it doesn’t go back to the 40’s which is less than the scope that I am addressing.

Which means I have hit a nerve as you are now throwing insults in the conversation as opposed to refuting my sources or responding to my challenge of yours.

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yamaha2000us t1_ja9pkdf wrote

Just because your links support you position does not make them any more or less qualified than mine.

I don’t have to admit that I am wrong when I have proof of my position. You have to refute my sources.

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yamaha2000us t1_ja9egqm wrote

I gave you sources that challenged your sources.

It's actually how I learned to Cope.

The extra was a gift. There have been quite a few studies about that additional information. Its impact of a dual income family was huge to the economy. It has nothing to do with the Boomers. But its more comfortable to throw the buzzword on the table.

1940's economy. 1 income all classes of workers in the same boat.

1960's economy. 1 income all classes of workers in the same boat. Creation of the Educated Middle class.

1970's economy. 2 incomes people are able to purchase more.

1980's economy. 2 incomes people are able to purchase more.

1990's economy. 2 incomes people are able to purchase more. Younger generations creating bidding war and creating property ladders. Non-educated class removed from the American dream. Educated Class is OK.

2000's economy. All generations working. Younger generations still creating bidding war and creating property ladders. Boomers are out. Non-Educated Lower class are ignored by the Educated Class.

Now... The educated class can't get past what all of the prior generations have done since the 1970's.

Coping is a mechanism all generations must learn.

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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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