Bingo!

Tell me more about how you want every to know that you know nothing about the changes to monetary policy, socio-economic issues, or regulatory change that has happened since the mid-70's.

If you think that, I know you're unfamiliar with the economy and real estate.

They bought them, yes. In fact, they had higher interest rates! My dad's first mortgage in the 80s was at 17%...but the loan was less than 2 years of his salary which made his payments pretty easy. Now I'm expecting to have to pay 5-6x my salary for a similar home.

And to get ahead of some rebuttals: adjusted for inflation, I am making more than he did at the time so it's not that. And the homes I'm looking at are in less desirable neighborhoods than I grew up in so it's not that either.

Furthermore, his parents' generation wasn't hoarding real estate for Airbnb rentals.

Money does rain from the sky if you properly tax the rich.

Nobody with a brain believes that straw man.

The topic is complex and nuanced but it isn't hard to see that, say, single family homes are harder to afford now versus in the past by several measures.

Here are some examples articles...

https://anytimeestimate.com/research/housing-prices-vs-inflation/

Though the title of the following sounds like it disproves me until you get to the part about wages not keeping up.

https://www.supermoney.com/inflation-adjusted-home-prices/

Now compare the rise in the median price of a home to the median income of Americans.

if you adjust for inflation, the median income of Americans has only increased by 33%. The median housing prices, however, have increased by 60%. It’s even worse when you look at the income of younger adults. For instance, the median income of people between 25 and 34 only increased by $30 in 44 years (1974 to 2017). It’s no wonder homeownership rates among Millennials are lower than for previous generations.

Particularly in the last few years things have gotten worse.

https://cnn.com/cnn/2023/08/24/homes/home-affordability-worst-since-1984/index.html

Okay boomer

Disclaimer: These are obviously over generalizations and don't match all individuals.

Because it's not the age people are against, it's the generation. The boomer generation had some of the most prosperous years in American history and wasted them. The general idea is you're supposed to make the world a better place for the people that come next, and they did the opposite. They cut social systems, defunded education, let public transportation die, outsourced everything, and lined their pockets with investments in oil that are killing the planet.

I won't blame someone for being old, but I will judge them by what they did and supported during their life. And as a whole, the boomers have a lot to answer for.

As a genx I had to struggle my whole life.

Because boomers around me were arrogant morons who didn't understand they didn't understand anything, and they weren't entitled just for being born.