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Posted on 08/14/2025 9:30:23 AM PDT by Heartlander
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The corrupt in Government and Communist government schools are directly to blame.
Open violent borders, 37 trillion in debt, wars costing many trillions where we win nothing but debt and death, people can't afford a home with two incomes, trade deals only our enemies love, wide spread government corruption in D.C., down through the local levels, and then government sponsored inflation where millions are taking a huge hit, food jumping 40 percent in 4 years, on and on.
They've screwed this country over bad.
In essence, during the ongoing industrial/digital revolution, all conditions are time-limited.
The author is correct in his claim the past 60 years has been living in an illusion. This was the time of the Mediacracy, when the old dominant media created a series of narrative lies to control the political process and power of the United States.
Those lies are being exposed because of the creation and growth of alternative media. We now live in an age of fractured, partisan media, where, with some effort, you can discover considerable truth.
I wonder what that rate was for the “generations” before the boomers came on the scene. And 1950 home owners were NOT boomers. They were barely 5 years old at the time.
In ten years there will be a housing glut. Probably sooner.
Yep started with the inflation, and financialization and monetization of everything starting in about 1973-75. Nixon inflation, and price controls, watergate, Vietnam windown and debt, and then Ford and Jimmy. In 1974 no one know what a money market was. By 1980 folks were getting 20% in money market funds. Oh - yeah, and don’t foget Nixon and petrodollars - which kept us from going bankrupt while we started trying to pay for the great society and the debt from Vietnam all at the same time, the Vietnam debt needed for Kissinger to negotiate an honorable peace.
When this started you got your mortgage from a S&L in your community. When it ended it was a piece of paper slipped into a derivative sliced and diced and sold on the financial markets.
They were veterans. VA home loans. GI Bill.
They were also children of the Depression, not of recent decades.
Yep...And who kicked off the great society? LBJ, another president from Texas, and he was certainly NO boomer.
Globalism didn’t “kick in”. It was a planned rape of the US economy,.
I am a Baby Boomer and I don’t have a lot of respect for my generation as a whole. A lot of Baby Boomers seem to not realize that they were born at a really perfect time. Economic prosperity would never be easier to attain. Societal changes made everything fun — sexual revolution! Yee haa! Hippies! Disco! Yuppies! Lots of good times. Just about everyone gets a house! Lots of people get pensions!!
Yes, people worked hard. Yes, not everyone achieved a life of prosperity. Not everyone partied. But the Baby Boom was the luckiest time in human history.
I think the least that older people can do is at least acknowledge that they were born at a fortunate time. Younger people today are growing up in a very different world. They aren’t lazy — they’re screwed. They will own nothing and they will be happy(?). The game is rigged against them and they know it. The American Dream isn’t there for most of them and they don’t see why they ought to be wage slaves for a system that still favors people born in 1950.
1) The article mentions buying a house while young adults. My grown kids (late 20's to early 30's) are having trouble buying a house. That is, until they realized that their first home can't realistically be expected to be as big as the one they grew up. My first home sure wasn't. Once my kids came to that understanding it was fairly easy for them to find one.
2) Young adults not marrying. Well, that goes hand-in-hand with item #1 above. Two incomes can afford a home easier than one income. I hear from some young adults that they don't want to marry because their parents modeled marriage horribly. I don't blame those. But at the same time don't think a single income can get what a double income can.
3) This article and others like it always use some caveat like this one's "or more in major cities". Of course a young couple can't buy a starter home in the most expensive areas. That's not a generational change argument. As long as I've been alive you had to pay more for a home with a shorter commute, regardless of which generation is having to buy it.
4) Not mentioned in the article is the effect of massive immigration. More people = more demand for housing = higher prices. Especially with Section 8 housing now paying for families to rent a house within subdivisions of home owners and non-welfare renters. In other words, lower middle class families are now competing with welfare housing (govt money), where as in prior generations the welfare housing was only in the projects.
Churn. In 1950, many if not most adults worked at one job and lived nearby in that town for their entire career. Now people jump from job to job, change careers, have their jobs outsourced or employer goes bankrupt / sells off to another corporation. People now have to be more flexible in their living arrangements to go where the work is, so renting makes sense for them.
*** And 1950 home owners were NOT boomers. ***
Thank you for pointing this out. My parents were part of the Greatest Generation. The men went off to war, fought for their country, and if they came back alive, they picked back up where they left off. The women did their best to support their country by raising their kids while dad was gone.
That generation gave rise to the Baby Boomers.
I get tired of hearing that Boomers are the ones who ruined everything. Maybe some, those in high places, but the everyday lower or middle class Boomer had to play by the rules others made, just the same as the younger generations are doing now.
It’s not the generation that caused problems. It’s the people in high places. Especially Democrats. They ruin everything they touch. They don’t solve problems; they create them.
The men went off to war, fought for their country, and if they came back alive, they picked back up where they left off.
Many of those men went to Korea.
The USA babies being born in 2025 are about 50% white and will grow up to be at least 60% Democrat.
For reasons unknown, the Republican Party has supported massive LEGAL immigration for the last 50 years.
I’m a Boomer, on the late side, but still one. I totally acknowledge that I have lived, especially in adulthood, a charmed life. (My childhood was not a pleasant one, but no need to go into that).
Younger people are growing up in a different world. True.
However, I never once took a vacation that I couldn’t afford, that I hadn’t saved up for. I didn’t go to the spa for massages or treatments. We lived on one income in our marriage. It was our agreement. There were a few years when the kids were older that I worked outside the home. Before that time, I volunteered my time to our church, my kids’ school, and the community as a scout leader.
I purchased two new outfits for my kids every season, but other than that, everything was second hand. That was ALL we could afford.
We didn’t try to keep up with the Joneses.
The younger kids today who complain so much about the housing spend their money on frivolities. They rack up credit card debt like you wouldn’t believe. However, they take lavish vacations, eat out FREQUENTLY, throw ridiculous birthday party celebrations for their kids, and seriously, indulge themselves at nearly every turn.
My own kids do some of these things. Amazingly, the one with the lowest income is in the best financial shape, because he doesn’t live lavishly. He pays his bills and saves his money.
Our oldest is the one who is up to his eyeballs in debt, though his undergrad schooling was completely paid off within a year of graduation. He lives in a place where he can’t afford to live, but somehow doesn’t put 2 and 2 together.
The middle child is a cross between the older and the younger. Completely paid off her college several years ago. Has a lot in savings, owns a home, but still lives a very comfortable lifestyle.
The one that bellyaches about Boomers the most is our oldest, who is trying so hard to keep up with the Joneses that I think he and his wife ARE the Joneses. One day, if they don’t start to get a handle on it now, they will really be hurting. What do they say? The more you make, the more you spend? That’s him (and his wife) to a T.
My Dad served in WWII and Korea.
Korea is the “forgotten war”.
...the ponzi scheme will crash once THIS gen. of crooks have lived the good-life off their corrupt bounty...and they know it...the "policy-makers" borrowed and stole...knowing full well the house built on a foundation of monopoly money will fall...so long as it didn't fall while they were enjoying the fruits of their fraud...they didn't/don't give 2-fx. Yeah, they threw a few peanuts to the serfs, but only so the (otherwise) angered/rioting masses wouldn't ruin their party...
The cradle will fall and this (latest) version of empire will crash.
...so it was written, so it shall be done.
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