Comment on Boomers scolding us about how they were able to buy a house working at a gas station...
HeyThisIsntTheYMCA@lemmy.world 1 day agoYou 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 1 day ago
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.
HeyThisIsntTheYMCA@lemmy.world 1 day ago
yeah i don’t have any realistic way of saving the 20% down they want before i die.
BCsven@lemmy.ca 1 day ago
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
HeyThisIsntTheYMCA@lemmy.world 1 day ago
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