• Jason2357@lemmy.ca
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    22 hours ago

    If a boomer was buying a house 30 years ago, they were between 32 and 50 years old. They were not buying starter homes 30 years ago. They already had equity.

    • Catalyst@lemmy.ml
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      9 hours ago

      I was well alive and conscious back then. There was no crisis and home ownership was carefree. The 99’s were awesome. She’s just a lying removed. Boomers never faced any real challenge besides poor brown kids.

      • obsoleteacct@lemmy.zip
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        6 hours ago

        So was I and there was a long recession from 90 to 92. Unemployment hits 7.8% and I believe there were a record number of people on food stamps. It’s what made George HW Bush a single term president.

        Their economy boomed under Clinton and with the dawn of the internet, but even then middle-aged boomers Warren tech savvy enough to repo the full benefits.

        None of that is to say they didn’t have it far easier than millennials and zennials. They did. But disliking them doesn’t mean we have to overlook the facts. They were challenges along the way.