Comment on Boomers scolding us about how they were able to buy a house working at a gas station...
tal@lemmy.today 10 hours agoI 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 7 hours ago
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?