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When this guy bought his first house, it probably cost 3x the median income. Now houses cost 10x the median income. He should be upset his kids have been locked out of the market, not defensive about how hard he works.
These oldies don't realise they grew up when America was printing dollars without any consequences.
https://preview.redd.it/x98ktg1w3vpg1.jpeg?width=405&format=pjpg&auto=webp&s=cebf851e9efdca26db8274eeba88ecc9728012e0
Painfully stupid and sad. No reason to think that the father and mother didnt work hard relative to the time period they were in. Just completely incapable of comprehending that those times change and the opportunities and ease with which they accomplished their goals relative to the time period they were in are no longer the case at all.
Yeah you asshole save the money you dont have
Boomer shit. Yeah I got a house too, but I paid $90k for it. Try that shit in 26 grandpa, you fuck
I'm in the real estate business. I deal with this stuff everyday, I review stastical history, mortgage rates, affordabiliyt. I know this subject fairly well. I've explained the difference to my parents multiple times. At the end of the conversation they're like "oh that makes sense" then two weeks later they make the same comment about how people just complain more now.
I also point out to my dad that his peer group he grew up with all had recreational cabins ina popular area. they've owned them for a very long time and bought them in their 20's. All these people were skilled labor, one income households. Now you need two incomes to afford a single home. He kinda sees that. But he'll always go back to "it was harder in my day".
He doesn't know either lol
I've taken for granted how nice and patient my parents are to me, jeez. I don't think my father has ever insulted me directly—and we're not even particularly close.
In any case, you're not going to get through to them with "how, I have to pay rent" because they also had the most rent while saving up.
If you want to actually get through to them, ask what their wages were and the cost of their first house and put it into an inflation calculator.
My parents first house cost 110K in ‘93, 1800 SQ feet with a yard and mountain view.
It most recently sold in 2019 for 650K


