A community for discussing and documenting the second great housing bubble.
cross-posted from: https://poptalk.scrubbles.tech/post/1507219
Won't someone please think of the boomers?!
Them years ago: Hah, if those parents didn't want to struggle, they shouldn't have had kids.
grows up
struggles
doesn't have kids
Them now: How dare you.
What are they even complaining about? They caused the problems we're all suffering through. They have nobody to blame but themselves
Incorrect! They might not be right but absolutely they’re gunna blame everyone else. When you’re a whiny selfish asshole the world is your oyster and everyone else is fair game(but if they get mad at you you’re a special innocent victim).
Well, they certainly do like to blame my generation for everything, so there's that.
Lazy millennials. They should pick themselves up by their bootstraps and work hard, just like me, earning more than half of what they do now and paying a quarter what they do for rent. So lazy!
Hey, get off my lawn, you're going to lower my property value by being poor.
“Our houses were more expensive because you see the interest was really high and-“
“We didn’t spend our money on things that didn’t exist yet and are now required to live! Don’t look at our wasteful lawns, large vehicles, or houses in the objectively worst kind of developments imaginable that we attach our entire self-worth to!”
“My parents had it hard when I was a kid and I’m far too out of touch to understand that you actually have very similar problems!”
I hate that I felt this in my bones. Well played.
They fucked everything up, refuse to acknowledge it, and still want more. Fuck you boomers.
Housing is not an investment. Housing is where humans live, and it's better when it's high quality and cheap.
Counterpoint: Housing is an investment, when you can own the house you live in. You are investing in owning that property for yourself so that eventually you can have a place to live without having to pay a significant part of your income to do so (i.e. after you've paid off your mortgage). It's not meant to be income, it's more part of a retirement plan.
To be clear, I am talking about someone owning the place they live in, not owning rental property.
Hey everything is more expensive and the climate is going to shit so why don't you want to make babies? /s
Some of us are ok with that.
But it's impolite to not drink renters completely dry and leave little bits of money inside them. You wouldn't leave a bottle standing around half-empty before discarding it, would you?