I’m not a Millennial and that doesn’t change the facts.
But since you posted. College, cars, homes, most things were cheap for Baby Boomers.
It's all relative. For example, a 9.5% interest rate on my first home was NOT cheap. Neither was the college education that I paid for myself working 4 jobs to pay for, so I could graduate with a whopping $25k in debt -- in 1985. That was REAL MONEY back then, try adjusting that for inflation and see what you get in today's dollars.
What you view as "cheap" back then only looks at the dollar amount, and doesn't adjust for inflation, so nice try.
“College, cars, homes, most things were cheap for Baby Boomers.”
My 1982 mortgage on a two-bedroom Reston, Virginia terrace house was about $1103/month.
That’s about $4500/month adjusted for inflation.
“College, cars, homes, most things were cheap for Baby Boomers.”
The list price on my mother’s 1968 Pontiac Firebird was about $3500.
That would be about $40,000 adjusted for inflation.
In 1979, my college tuition was $4,000/year, or about $28,000 adjusted for inflation. Middle class whites pay more nowadays to help subsidize the “underprivileged”.
You are delusional
Unis & coleges are outrageously expensive b/c of liberal pie-in-the-sky tnedencies and fedgov tuition policies. Cars and homes were not cheap, “back then,” for the average workaday person. A considerable down payment had to be saved and lending policies were appopriately sensible.
The recent price for cars and homes looks “cheap” vs yesterday’s prices due to free money & inflation.