Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Ikeon

Also, Boomers often got to ride the wave of home ownership without much effort - Younger people are not able to do that. Not saying I agree, but the differences are stark.


33 posted on 05/21/2024 1:00:31 PM PDT by Unassuaged (I have shocking data relevant to the conversation!)
[ Post Reply | Private Reply | To 15 | View Replies ]


To: Unassuaged
Also, Boomers often got to ride the wave of home ownership without much effort - Younger people are not able to do that. Not saying I agree, but the differences are stark.

How so is that?

I bought my first home in 1987 right before I got married. The interest rate for my home loan was 12% and I thought that was great, being that a little before then rates were in the upper teens.

62 posted on 05/21/2024 1:40:43 PM PDT by dznutz
[ Post Reply | Private Reply | To 33 | View Replies ]

To: Unassuaged
Also, Boomers often got to ride the wave of home ownership without much effort -

That's a lie.

Boomers knew how to start small, save money, and didn't think they were entitled to start life in their 20's with the level of living their parents attained after decades of work.

Kids these days look at what people have in their 60's and think they are owed it, too, not considering where their parents started from.

76 posted on 05/21/2024 1:55:36 PM PDT by metmom (He who testifies to these things says, “Surely I am coming soon.” Amen. Come, Lord Jesus…)
[ Post Reply | Private Reply | To 33 | View Replies ]

To: Unassuaged
ride the wave of home ownership? what kind of manure are you selling??

my first home in 1987 was bought at 9.95% interest. I was making 18.00/ hr with a mortgage over 1300/month. we both had to work to pay for it.

You Are HIGH, There was no 'f€¢^king "home ownership wave." more like a tsunami and we were issued lead boots for over 10 years.

91 posted on 05/21/2024 2:46:07 PM PDT by Ikeon (My only issues with stupid people are, they encouraged to post stupid opinions.. )
[ Post Reply | Private Reply | To 33 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson