A “measly construction job” is a good paying one. A person working at a McDonald’s for 40 hours a week at that time would not be able to afford an apartment let alone a house. When your aunt bought her house interest rates were in the teens, today they are 7% and that’s a record high. My parents bought a house in 1976 for $28,000 dad worked full time at a city job plus always had a second job or side hustle. Our family would strip copper to make ends meet. Mom cooked every meal, eating out was a rare treat. Never once did we even order pizza, Mom make it with powder dough. We didn’t have cable. Got by on two junker cars sometimes one.
Every generation has it’s challenges. This is the first to have a public circle jerk/pity party
A minimun wage construction job? Someone is lying to you. Dad was probably working the glory hole at kwik-e-mart. No bank is going to give a house loan to someone making minimum wage.
As a matter of fact they gave my parents multiple loans until it exceeded the value of the house so badly that we couldn’t keep up with it.
They did this so many times for so many people in my neighborhood that the place is now nearly rubble because of it. Oh, and that kind of irresponsible lending led to the 2008 collapse.
Mate, a smaller percentage of our generation has houses. Wrap ya head around that. No one’s arguing every other generation had a house, that would be idiotic.
Funny how it never occurs to the folks who espouse the virtues of socialism and communism that they should apply those same ideals to their own life. Acting collectively was the way my friends and I were able to move away from home.
A “measly construction job” is a good paying one. A person working at a McDonald’s for 40 hours a week at that time would not be able to afford an apartment let alone a house. When your aunt bought her house interest rates were in the teens, today they are 7% and that’s a record high. My parents bought a house in 1976 for $28,000 dad worked full time at a city job plus always had a second job or side hustle. Our family would strip copper to make ends meet. Mom cooked every meal, eating out was a rare treat. Never once did we even order pizza, Mom make it with powder dough. We didn’t have cable. Got by on two junker cars sometimes one.
Every generation has it’s challenges. This is the first to have a public circle jerk/pity party
My dad’s construction job was working for my mom’s brother for next to minimum wage. Not that it matters.
A minimun wage construction job? Someone is lying to you. Dad was probably working the glory hole at kwik-e-mart. No bank is going to give a house loan to someone making minimum wage.
Well, they did.
As a matter of fact they gave my parents multiple loans until it exceeded the value of the house so badly that we couldn’t keep up with it.
They did this so many times for so many people in my neighborhood that the place is now nearly rubble because of it. Oh, and that kind of irresponsible lending led to the 2008 collapse.
And the younger ones have an objective, mathematically proven worse version of the challenges than the earlier ones did
Nobody claimed it was ever perfect, only that it’s worse now, which it is
Haha I love it when kids tell me what my life was like.
Back to my original point. No, not everyone who worked 40 hours a week could afford a house.
You can wrap yourself in self pity or you can be resourceful, your choice.
Mate, a smaller percentage of our generation has houses. Wrap ya head around that. No one’s arguing every other generation had a house, that would be idiotic.
So self pity it is
Yours.
Not me. I just paid off my second house.
And these kids need to pull themselves up by their bootstraps and start a small business if they don’t want to be poor, am I right?
Funny how it never occurs to the folks who espouse the virtues of socialism and communism that they should apply those same ideals to their own life. Acting collectively was the way my friends and I were able to move away from home.
Didn’t happen, I said what it was like now by comparison
And no body ever claimed that
Lol, you have no idea what you’re talking about