Welcome to the New American Feudalism

American Greatness ^ | Nov. 8, 2026 | Spyridon Andrews

[chickenlips]

Just a generation or two ago, Americans believed that if you worked hard, saved your money, behaved responsibly, and avoided doing something incredibly stupid or going to jail, you might eventually be able to buy a house. After the Second World War, millions of relatively affordable houses went up across America, helped by suburban expansion, automobiles, and eventually the Interstate Highway System. For many boomers, the life they knew included one working parent, larger families, stronger communities, widely available public education, safe neighborhoods, and a decent house in which to raise a family. The middle class was like a vast ocean. These opportunities were not available to everyone. Black Americans were still struggling for equality, and discrimination denied many families the opportunities others took for granted. Yet the early 1960s also carried a sense of hope, despite all the obstacles.

In those days, to own a home, you generally did not need a hedge fund, a trust fund, or a father who happened to own half of Beverly Hills. Most people needed a decent job, a little discipline, and perhaps a spouse who shared the same ambitions and helped support the effort. SNIP>>>

According to a 2024 analysis of newly constructed housing, only 16 percent of households in Washington State could afford the median-priced newly built home. In Massachusetts, it was 14 percent. Montana, a state with more open land than it knows what to do with, came in at 18 percent. South Carolina was also at 18 percent, Illinois at 23 percent, Alabama at 25 percent, and Nebraska at 27 percent.

Think about that. In the richest country in the world, roughly six out of ten households lack the income to qualify for a mortgage on the median-priced existing house under conventional financing assumptions.

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TOPICS: Business/Economy; Culture/Society; Government
KEYWORDS: affordability; boomers; economy; housing

[chickenlips]

Will we boomers be loathed by future generations?

There's some painful facts in this piece about us.

[Mr. N. Wolfe]

The era of the Found Fathers was the greatest generation. Each generation has gotten progressively worse.

[Mr. N. Wolfe]

Found Fathers = Founding Fathers

[doorgunner69]

“Will we boomers be loathed by future generations? “

I really do not give a shiite.
I know what I went through to get where I am and owe no tide pod consuming gen-z drone an apology.

My contempt for their sloth and deviance trumps any resentment they might have.

[MinorityRepublican]

Will we boomers be loathed by future generations?

That's a fact, not a question lol.

[Tijeras_Slim]

Late boomer here.

Could not wait to be able to get a job.

Aside from a stint in college, worked my ass off. Graduated in the Carter economy.

Married a bit late, but going on 35 year now.

Knew that no debt was the best alternative to being rich

Living modestly all my life.

Don’t give a damn about the later generations.

[hercuroc]

Maybe this dummy should be asking why all these foreigners are here buying houses and driving up the prices.

[Bobbyvotes]

Homes being built today are much different than those during the 1940’s & 50’s. Ditto with Automobiles. My 1964 Corvair did not have seat belts, no windshield spray, no power steering, no pollution control paraphernalia, no cruise, no A/C, I did not buy extra cost automatic transmission, no CD player, just had a radio, so of course I could afford to buy it as my first new car. Same with new homes, homes built in 1940’s & 50’s were smaller, no central air, not wired for cable, no security Ring camera, no remote garage door opener, 1 car garage, kitchen counters were Formica, Not quartz counters which came with my current new house, and so on.