• MrSulu@lemmy.mlEnglish
    0·
    1 个月前

    Some loud Boomers aren’t all Boomers. There are so many I know who still need to work as they can to cover rent.

  • istdaslol@feddit.org
    0·
    1 个月前

    And they use the 3mil to buy a nice small house and outbid a working class family that currently live in a 2 room apartment

    • pigup@lemmy.world
      0·
      1 个月前

      Nah they get tricked by fox news ads into some business investing scheme that ends up triggering triple tax on themselves. They blame the immigrants about it.

  • Astronut@lemmy.zip
    0·
    1 个月前

    Right. I had to get up in the morning at ten o’clock at night, half an hour before I went to bed, eat a lump of cold poison, work twenty-nine hours a day down mill, and pay mill owner for permission to come to work, and when we got home, our Dad would kill us, and dance about on our graves singing “Hallelujah.”

    But you try and tell the young people today that… and they won’t believe ya’.

    Nope, nope…

  • Zephyr@sh.itjust.works
    0·
    1 个月前

    The oldest sale I could easily find was 1988, when it sold for $338,000 or about $956,400 today. In 1960 when it was built it likely sold for $15,000 and $22,000 so about $249,077 today.

    • Tollana1234567@lemmy.today
      0·
      1 个月前

      likely to rent it our, airbnb it. one of our cousins rented thier old whole house like 10+years ago for 3500/month. most people wont touch sec 8 applicants. we had 1-2 neighbors that are suspected to rent it out airbnb style or to students(roomates)

  • Dyskolos@lemmy.zip
    0·
    1 个月前

    Not much different in Germany either. What once was needed to buy a decent house is now merely enough for a tiny apartment.

    I just recently sold one of my houses for 900k. Which I bought for 300k 25yrs ago. And it even was due for major renovations. Well, could have. Actually sold to them for 500. Didn’t wanna be an idiot but also didn’t want to rip them off. I did nothing of value to justify that gain. And they were very happy. Still unfair…

    The market is broken.

    • tal@lemmy.todayEnglish
      0·
      1 个月前

      I just recently sold one of my houses for 900k. Which I bought for 300k 25yrs ago. And it even was due for major renovations. Well, could have. Actually sold to them for 500. Didn’t wanna be an idiot but also didn’t want to rip them off. I did nothing of value to justify that gain. And they were very happy. Still unfair…

      300,000 euros in 2001 is, inflation-adjusted, 512,000 euros in 2026. If you sold at 500k euros, you sold for slightly less than you bought it for in real terms.

      • Dyskolos@lemmy.zip
        0·
        1 个月前

        It was still the same sum though. I got money, they got a house way cheaper than they planned for. Everyone’s happy. I see no problem?

      • MinnesotaGoddam@lemmy.worldEnglish
        0·
        1 个月前

        I have a friend with five. He’s a traveling physician and has five practices each at least a hundred miles away from each other. I don’t entirely see him as part of the housing problem because he has a use for these houses that isn’t vacation.

        Folk are mostly friends on here, so can you ease off the attack please?

      • Dyskolos@lemmy.zip
        0·
        1 个月前

        Why? Unless you’ve got hundreds of millions or more, you’re just another poor sobbing bastard for the elite. Just a bit less poor than the others. Insignificant in everything.

        Also, I paid double market-average for employees, with come-and-go-as-you-please and profit-sharing. Everyone.

        I rent the houses/apts dirt-cheap. At the legally allowed minimum but with hidden added boni or paybacks or whatever else I come up with. Free power, free water etc. I don’t want to profit of someone else’s inability to own. I want to be able to look in the mirror without disgust.

        And also I work for free in a shelter-thingie for abused or broken people, I help where I can.

        If everyone would do that, we’d all be better off, wouldn’t we be?

        What do you do to better society with the given means? Considering I’m the problem and you’re not? Egocentrism, narcissism, missing empathy and machiavellism (so basically the dark triad) are the root sources that rot the world (while being highly rewarded), not money.

  • pelespirit@sh.itjust.works
    0·
    1 个月前

    Who knows all of these boomers scolding anyone? I’ve never heard one say that. Do I only know or am I only related to nice boomers?

    • It’s corporations buying up all of the extra housing
    • It’s price fixing the rentals and housing through software they bought up.
    • MinnesotaGoddam@lemmy.worldEnglish
      0·
      1 个月前

      You have nice boomers. Mine understand the inherent changes in the market since they were our age, but they still blame us for not doing what they did.

      • BCsven@lemmy.ca
        0·
        1 个月前

        There’s a middle ground somewhere between the extremes… I was lucky that I got out of school at a still good time. But it still took sacrifice to get what you wanted.

        Like sometimes I was cutting mold off the bread to make a sandwich for work, and only home cooked food, and no budget for entertainmentn expenses. It got us a two bedroom house for the, baby, plus car and motorcycle. That was on one salary, but I realize that ain’t happening today.

        But also I have seen family members of the young generation order a smoothy on skip, purchase $300 concert tickets, while racking up debt…while complaining of cost of living.

        They aren’t getting a 2 bedroom house on one salary with 5% down, but they certainly could be saving for one by making some spending adjustments.

          • BCsven@lemmy.ca
            0·
            1 个月前

            And if that is the situation, at least skip some pleasantries and contribute to a fund that has growth so you can afford rent later in life. That’s the issue I see, people with get to 65 and have a tiny government pension that won’t cover groceries and such, let alone rent

            • MinnesotaGoddam@lemmy.worldEnglish
              0·
              1 个月前

              Oh yeah, we’ve got one of the best government plans still available since my wife is a teacher and I’m fancy. We were a touch late for pensions (defined benefit), but we are right in time for defined contribution. Hoping we can use the money/die before it bottoms out

  • BurgerBaron@quokk.auEnglish
    0·
    1 个月前

    Maybe it’s fun to compare, so here’s what prices are like in frozen/sweltering prairies for those curious. Edmonton Area (Satellite city) in Northern Alberta also keep in mind these are in Canadian Dollars. A bi-level now is around $470k. My bi-level is 1200sqft (Alberta doesn’t count the basements) and was $325k in 2016 for an idea of the rate the prices are going up here.

    1925 build, oldest part of the city is the cheapest I found here before getting into trailers, shipping container apartments, and tiny in-fills:

    PLHb0Akk0t9XSUL.png

    Duplex prices:

    pRcyCaNkgTfavOz.png

    Bungalow:

    WyQBujdwm4hxDrM.png

    Bi-Level:

    nDs9nPbsVyVyx24.png

    Larger/Newer:

    fKe1kW7wBN0tIKY.png

  • Skullgrid@lemmy.world
    0·
    1 个月前

    Hey! This is in California, which means it’s in the communist demoncrats turf. You need to move to Goshen Hole , Iowa, that’s where you can get a house for a more affordable price, and not be able to continue working in your career.

    • MinnesotaGoddam@lemmy.worldEnglish
      0·
      1 个月前

      They’ll pay you to move to South Dakota, but you know, you have to live there

      I love the badlands so like if I didn’t love where I live I’d consider it

  • krisevol@lemmus.orgEnglish
    0·
    1 个月前

    Most boomers don’t really know how money works. They only had their lifestyle because of American manufacturing and taxing the world though usd printing. We gave those jobs to China, and now the money printing can’t tax the world as much because every country has been dumping Treasury bonds.

    Even if we get the jobs back, the debt and inability to world tax wouldn’t bring back the same level spending power. We would have to pay the debt back which would cause a 20 yr recession.

    At this point, it would be easier to learn Chinese and move to the next world power.

    • MinnesotaGoddam@lemmy.worldEnglish
      0·
      1 个月前

      Yup. I’m down with a toy hauler rv (If I decay much more I’ll need a ramp) and my favorite apartment was 500 square feet. I found a decent plot of undeveloped land near where I want to retire. An rv could get us started, and we can use our camping gear for an extra “indoors” room.

      • RaccoonBall@lemmy.ca
        0·
        1 个月前

        Can you legally live in an RV there? i have some vacant rural land, but the county laws dont allow camping or RVs. They also ban structures until you build a dwelling of at least a certain size.

        Not even allowed to be poor on your own land

        • MinnesotaGoddam@lemmy.worldEnglish
          0·
          1 个月前

          it’s out in farm country. If they outlawed RVs, they’d be fucking over their labor force (at least where I am, half the folk in the migrant camp are in RVs, half are in modular homes).

          that doesn’t mean i wouldn’t put it past them, but they grow better food there than we do here, and it’s just a couple hundred miles.

  • outlawcarl@fedinsfw.appEnglish
    0·
    1 个月前

    You should all come to my town middlesbrough in the uk my 3 bedroom was just £91k in 2018.

    We have like 9 jobs… so you have to share mind…

  • OozingPositron@feddit.clEnglish
    0·
    1 个月前

    >Asking 2M
    Ok
    >Sold 3M
    Ok
    >Over asking 1M
    What? Isn’t that overpaying 1M instead? Am I just stupid and don’t get it?

    • abysmalpoptart@lemmy.world
      0·
      1 个月前

      It’s shorthand for “we sold this particular home for 1.02m over (more than) the initial asking price!”

      It’s advertising that it’s a hot market and this realtor will get you a ton of money, even more than you will initially ask for. Probably due to multiple bidders.