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Posted: 3/23/2024 1:42:12 PM EDT
twice as long
https://www.star-telegram.com/news/business/article287009720.html Most Americans intuitively know that higher education has become disproportionately expensive for younger generations—thanks to millions of graduates trapped in student debt. But are education costs really so out of reach for younger generations, considering new career opportunities and wage inflation? Creditnews put that theory to the test by comparing the college tuition costs of Baby Boomers and Millennials against what both generations earned after graduation. Our analysis revealed a stark difference in the "purchasing power" of a college degree in the 1980s and today, driven by the growing disparity between tuition costs and wages. Even though Baby Boomers had it much easier back in the day, student debt is catching up with them, too. In a twist, Boomers' student debt balances have recently exploded as many Boomers take out loans to put their kids through college. View Quote Must've been nice to buy a single family home for $88k and flip it for $800k with no renovations |
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i'm your huckleberry. that's just my game.
MT, USA
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I have a dream that my four children will one day live in a nation where they will not be judged by the colour of their skin but by the content of their shitpoast. - sierra-def
membership courtesy of TMS. thanks buddy! |
Originally Posted By wookie1562: Not sure why you guys insist on just making stuff up. https://www.jchs.harvard.edu/sites/default/files/media-files/2024-01/harvard_jchs_price_income_whitney_hermann_2024_fig_2.png View Quote View All Quotes View All Quotes Originally Posted By wookie1562: Originally Posted By rc2: Originally Posted By wookie1562: Originally Posted By MikeS369: "Historically, the average cost of a house in the US has been around 5 times the yearly household income." What are you even quoting? Very boomer to not include any references. Regardless that isn't remotely true https://i.imgur.com/KOJ6PSc.png I looked up the same chart and below the chart it states that historically the cost of a house in the US has been around 5 times the yearly household income. I know "Get out of here with math". Not sure why you guys insist on just making stuff up. https://www.jchs.harvard.edu/sites/default/files/media-files/2024-01/harvard_jchs_price_income_whitney_hermann_2024_fig_2.png Sorry that you don't agree but the facts and the math don't lie. End of interactive chart. Interpretation Historically, the average cost of a house in the US has been around 5 times the yearly household income. However, during the housing bubble of 2006, this ratio exceeded 7. In other words, the average single-family house in the United States cost more than 7 times the US median annual household income. The Case-Shiller Home Price Index is a widely recognized measure of the price level of existing single-family homes in the United States. Developed by Robert J. Shiller and Karl E. Case, it is considered the leading indicator of US residential real estate prices. The index is based on a scale of Jan 2000=100 and is multiplied by 1800 to approximate the average sales price of houses sold in the United States. When assessing the affordability of a house, it's important to consider not only the price but also the interest rates on mortgages. The average 30-year mortgage rate in the US reached its peak in 1981 at 18.63% and gradually declined over the following 40 years. However, in early 2022, yields began to rise again, making homes less affordable, which subsequently led to a decline in real home prices. |
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Originally Posted By JLPettimoreIII: i looked into that. it's the back taxes that will get you. View Quote View All Quotes View All Quotes Originally Posted By JLPettimoreIII: Originally Posted By crownvic96: I honestly regret not buying a bunch of shit in Detroit like 10 years ago. You could have basically bought whole blocks for almost nothing. That shit is always cyclical. it's the back taxes that will get you. |
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i'm your huckleberry. that's just my game.
MT, USA
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Originally Posted By crownvic96: I never thought about that. New owner has to inherit all of that? That would definitely be a hard no. Would have loved to basically have a couple city blocks though. Build one block that's just my house then partition the others and sell off the raw land in parcels or build and see turnkey homes. View Quote we regularly talk about buying half of detroit for pennies on the dollar. |
I have a dream that my four children will one day live in a nation where they will not be judged by the colour of their skin but by the content of their shitpoast. - sierra-def
membership courtesy of TMS. thanks buddy! |
Originally Posted By JLPettimoreIII: i looked into that. it's the back taxes that will get you. View Quote View All Quotes View All Quotes Originally Posted By JLPettimoreIII: Originally Posted By crownvic96: I honestly regret not buying a bunch of shit in Detroit like 10 years ago. You could have basically bought whole blocks for almost nothing. That shit is always cyclical. it's the back taxes that will get you. You don't have a pro bono ace tax attorney/championship bodybuilder GigaChad™ friend? What are you even doing with your life? have fun renting. |
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i'm your huckleberry. that's just my game.
MT, USA
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Originally Posted By Trunalimunumaprzure: You don't have a pro bono ace tax attorney/championship bodybuilder GigaChad friend? What are you even doing with your life? have fun renting. View Quote Attached File |
I have a dream that my four children will one day live in a nation where they will not be judged by the colour of their skin but by the content of their shitpoast. - sierra-def
membership courtesy of TMS. thanks buddy! |
Originally Posted By crownvic96: Since Trump got Kwame off the hook I could probably hook up with him and get some discounts. View Quote View All Quotes View All Quotes Originally Posted By crownvic96: Originally Posted By Trunalimunumaprzure: You don't have a pro bono ace tax attorney/championship bodybuilder GigaChad friend? What are you even doing with your life? have fun renting. |
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Originally Posted By rc2: Sorry that you don't agree but the facts and the math don't lie. End of interactive chart. Interpretation Historically, the average cost of a house in the US has been around 5 times the yearly household income. However, during the housing bubble of 2006, this ratio exceeded 7. In other words, the average single-family house in the United States cost more than 7 times the US median annual household income. The Case-Shiller Home Price Index is a widely recognized measure of the price level of existing single-family homes in the United States. Developed by Robert J. Shiller and Karl E. Case, it is considered the leading indicator of US residential real estate prices. The index is based on a scale of Jan 2000=100 and is multiplied by 1800 to approximate the average sales price of houses sold in the United States. When assessing the affordability of a house, it's important to consider not only the price but also the interest rates on mortgages. The average 30-year mortgage rate in the US reached its peak in 1981 at 18.63% and gradually declined over the following 40 years. However, in early 2022, yields began to rise again, making homes less affordable, which subsequently led to a decline in real home prices. View Quote Called it. They are using data back to 1946. |
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What is written is my opinion, and my opinion only.
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i'm your huckleberry. that's just my game.
MT, USA
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@Trunalimunumaprzure
in all seriousness, i've been trying to buy an affordable used heavy duty sewing machine to build some gear for myself. the sellers are all GigaChad master fabricator master plumber master electrician master carpenter master commercial concrete guys navy squeal delta force squeal team six green beret NASA SAS parachute riggers who want $870 for their 87 year old all metal sewing machines with missing parts and deferred maintenance. me: fuck off.gif |
I have a dream that my four children will one day live in a nation where they will not be judged by the colour of their skin but by the content of their shitpoast. - sierra-def
membership courtesy of TMS. thanks buddy! |
Can you boomers please stop writing your biographies in Youtube comment sections at least? Thank you
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Originally Posted By JLPettimoreIII: @Trunalimunumaprzure in all seriousness, i've been trying to buy an affordable used heavy duty sewing machine to build some gear for myself. the sellers are all GigaChad master fabricator master plumber master electrician master carpenter master commercial concrete guys navy squeal delta force squeal team six green beret NASA SAS parachute riggers who want $870 for their 87 year old all metal sewing machines with missing parts and deferred maintenance. me: fuck off.gif View Quote Sailmaker palms and heavy duty needles are cheap. |
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"I got this. We'll skip the dicks" DK-Prof 12/7/21
Fuck sugar |
Originally Posted By rtlm: Originally Posted By Scalped: Can you boomers please stop writing your biographies in Youtube comment sections at least? Thank you IM A 74 YEAR OLD MALE FROM ST GEORGE WHO NEVER LIKED ROCK UNTIL I HEARD THIS SONG. IT BROUGHT ME TO TEARS THINKING OF THE SINGERS PAIN. |
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Originally Posted By JLPettimoreIII: @Trunalimunumaprzure in all seriousness, i've been trying to buy an affordable used heavy duty sewing machine to build some gear for myself. the sellers are all GigaChad master fabricator master plumber master electrician master carpenter master commercial concrete guys navy squeal delta force squeal team six green beret NASA SAS parachute riggers who want $870 for their 87 year old all metal sewing machines with missing parts and deferred maintenance. me: fuck off.gif View Quote They know what they got. |
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Well said. Next time I'm in Georgia, I'll buy you a beer/coffee/ensure - or whatever your preferred poison happens to be.
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Originally Posted By Missilegeek:Young people have been voting for Commies for a long time. IIRC, it's a trend that started with the Boomer "hippies." View Quote Silents, boomies and X did…the mils and zekes have yet to do so. |
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If the truth makes you uncomfortable, don't blame the truth. Blame the lie that made you comfortable. -James Ng Uni
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Originally Posted By BourbonBeast: Shit I’d do it just to be able to buy a new machine gun. Nobody born after 1965 alive today has been able to do so. View Quote Back when I entered NFA world I had a friend who was buying FA…he said it’s just as easy and an actual investment. But didn’t want full auto personal guns…I didn’t didn’t listen. |
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If the truth makes you uncomfortable, don't blame the truth. Blame the lie that made you comfortable. -James Ng Uni
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If the truth makes you uncomfortable, don't blame the truth. Blame the lie that made you comfortable. -James Ng Uni
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If the truth makes you uncomfortable, don't blame the truth. Blame the lie that made you comfortable. -James Ng Uni
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i'm your huckleberry. that's just my game.
MT, USA
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Originally Posted By KILLERB6: Ultimately it's always about social security what an odd sword for mils and zekes to View Quote also, big shoots: still waiting on that google earth pin from ya and/or street view of the got dayum millennials (renters lol) living in their van next to your house. |
I have a dream that my four children will one day live in a nation where they will not be judged by the colour of their skin but by the content of their shitpoast. - sierra-def
membership courtesy of TMS. thanks buddy! |
Originally Posted By KILLERB6: But(t) eventually, if one is successful, they pull their head out of their ass and start voting more conservative. Silents, boomies and X did…the mils and zekes have yet to do so. View Quote View All Quotes View All Quotes Originally Posted By KILLERB6: Originally Posted By Missilegeek:Young people have been voting for Commies for a long time. IIRC, it's a trend that started with the Boomer "hippies." Silents, boomies and X did…the mils and zekes have yet to do so. Attached File |
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What is written is my opinion, and my opinion only.
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Soldier for Life
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Originally Posted By GrayMan66: Yes, the income percentiles are skewed when you include all of the lazy people on the dole. There are good jobs here for people willing to work. The same logic goes for home prices. Including expensive regions like Charleston, Horry County (grand strand), Lexington and Greenville Counties brings the median way up. Other counties have jobs and smaller towns with lower priced homes. Homes under 250k in 29210 (good school district) Homes under 250k in Greenwood area (nice small city) Most of them don't from what I've seen. I'm GenX and I'm saying the same thing because while some things were better during my youth, many things weren't nearly as easy or cheap as today. I can't help you understand when you can only see yourself as a victim. View Quote View All Quotes View All Quotes Originally Posted By GrayMan66: Originally Posted By ramairthree: 60K a year is like 75th percentile income in SC. The median home price in SC is selling at over 360K. Yes, the income percentiles are skewed when you include all of the lazy people on the dole. There are good jobs here for people willing to work. The same logic goes for home prices. Including expensive regions like Charleston, Horry County (grand strand), Lexington and Greenville Counties brings the median way up. Other counties have jobs and smaller towns with lower priced homes. Homes under 250k in 29210 (good school district) Homes under 250k in Greenwood area (nice small city) Young adults actually respect people that grew up during the Great Depression then went off to WWII. They had it harder. Most of them don't from what I've seen. boomers telling young people how hard things were for that generation sound like assholes. Because that is not how it was for the boomer generation. I'm GenX and I'm saying the same thing because while some things were better during my youth, many things weren't nearly as easy or cheap as today. I can't help you understand when you can only see yourself as a victim. Yeah, I’m not rooting in defense for the ones that see themselves as a victim. Were some things harder? Sure, you had to spend hours in the library looking up, copying, etc, doing references for a pub and type it up. vs doing it online from home with a word processor with a magic cite function. Were some things more expensive? Sure, 35 years ago a 19 inch color TV and stereo VCR on sale were the equivalent of about 2200 bucks now. And that rack stereo system with huge speakers, dual cassette, cd six packs, and turntable was about 2700 bucks in today’s dollars. Vs 100 bucks a month now for some streaming and internet and a $1000 phone or iPad or a 500 dollar TV. But that’s pretty much the shit that’s not important. The soma/opium/entertainment/ etc. I very much understand and don’t see myself as a victim. I grew up rural poor. I spent an enlistment in the military. I got married. My wife had her associates and three years of college. I used the GI Bill, got a work study job, plus worked extra in the reserves. Could I have gone to college for free? Well, if I had been raised in a different background, yes, I would have known how and done it. I turned down an offer of admission to West Point to get married. I took an ROTC scholarship but they changed it and the requirements and I did not take it. My wife worked full time and I did take some small student loans that were paid off. But- My tuition was 1/2 proportionally what it is there now. My exact same apartment is now 2-3 times proportionally what it was then. Buying a three year old all weather, low mileage, reliable vehicle for work is twice as much proportionally. Our medical insurance was 1/2 proportionally what it is now. I knew from talking to people that had been in my shoes 20-25 years previously they had things - same apartments, same school, etc. also proportionally better than I had. And recognized “inflation” or whatever being off in those things. I don’t see what’s so hard about recognizing someone now in the shoes I was in 35 years ago have rent, education, transportation, and insurance costs way beyond what I did when I was struggling. And what a shitshow the increased travel, bigger debt, worse living, etc. must be for what they can afford. After college I went back on active duty, and was selected for an assigned to an area with massive springboard potential and opportunity. Plus life changing education and training, my wife worked full time plus finished her B.S. We bought a small SFH on a tiny lot with a tiny fenced yard 12 miles from work, with amazing schools, close to outdoor recreation, with zero crime, etc. We worked crazy hours and were smart with our money. That home was about 350K in today’s dollars. Those are now 750K to 800K homes. Someone in my exact shoes now that I was in then would have two to three times the commute, crappy schools, crime, etc, for 350K. I was already working so many hours and things were already tight enough more vehicle and transportation expense, hours wasted commuting, etc. would have had a very negative impact. I want some 25 year old young couple now to have things as good as I did then, if not better. Around a decade later I bought the big wonderful dream house that was a fantastic place to raise a family. The oldest was in grade school, one in preschool, etc. My wife had been able to stop working and we did single income starting around 30 when we started our family. It was around a 475K home. That home just sold for 775K dollars. I could not have remotely afforded it / my life if it had been 475K a couple of decades ago instead of 300K. Even if my wife worked full time and we did the day care and all that crap. Which would not have worked because I averaged about 6 months of each year away from home for the decade we lived there. We would have lived someplace way shittier with crappier schools, more crime, etc, than we did. For the same effort and accomplishment. Around a decade ago, or even now, I could be fully retired/not working and have 130K coming in each year. I decided to keep working 30-40 hours a week. My federal income taxes are about the same as the 130K passive. But… Still working allowed me to give the wife her farm I always promised her since I took her away decades ago, be a little more rural, keep the kids in good schools, be away from crime, pay for their college, etc. Now, the farm was about 1M in today’s dollars. Plus I added about 400K in todays dollars in a new building, pool, etc. I pay property tax on an assessment of 1.2M. The house would sell for 1.8-2M. So, the house proportionally would have been half again as much to buy a decade ago. Under the current economy, I would never had had this home. Someone a decade behind me with the exact same accomplishments, drive, potential, sacrifices, efforts, etc. can’t have what I have. Things got progressively better for young Americans - And for various reasons have slid back - While trying to paint over it with cheaper, fancier crap that doesn’t matter- While the real things that matter are being stolen. I am absolutely not a communist. But we have fucked over the younger generations. |
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Originally Posted By exponentialpi: https://www.ar15.com/media/mediaFiles/200878/IMG_4161_png-3168056.JPG View Quote Ooh this is good. |
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That’s a Ford fuckin Ranger!
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Originally Posted By rtlm: Bigfoot will take that from ya. View Quote View All Quotes View All Quotes Originally Posted By rtlm: Originally Posted By ranging-by-zipcode: Bunch of cry babies Land 40 K Tent 3K https://i.postimg.cc/QxF417t7/Green-Rock-Glamping-Pic2-086a6040-c73e-4ed3-b835-46ec04984157-1024x1024.webp Bigfoot will take that from ya. Looks like a solid 1K or more of wood also. I know the wood cost 1/2 as much five years ago. Just cut out your fancy ass Netflix membership and that will cover it. |
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Originally Posted By JLPettimoreIII: GOT DAYUM MILZEKES also, big shoots: still waiting on that google earth pin from ya and/or street view of the got dayum millennials (renters lol) living in their van next to your house. View Quote View All Quotes View All Quotes Originally Posted By JLPettimoreIII: Originally Posted By KILLERB6: Ultimately it's always about social security what an odd sword for mils and zekes to also, big shoots: still waiting on that google earth pin from ya and/or street view of the got dayum millennials (renters lol) living in their van next to your house. WHY DO YOU LOVE COMMUNISM SON? |
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Originally Posted By ramairthree: Yeah, I’m not rooting in defense for the ones that see themselves as a victim. Were some things harder? Sure, you had to spend hours in the library looking up, copying, etc, doing references for a pub and type it up. vs doing it online from home with a word processor with a magic cite function. Were some things more expensive? Sure, 35 years ago a 19 inch color TV and stereo VCR on sale were the equivalent of about 2200 bucks now. And that rack stereo system with huge speakers, dual cassette, cd six packs, and turntable was about 2700 bucks in today’s dollars. Vs 100 bucks a month now for some streaming and internet and a $1000 phone or iPad or a 500 dollar TV. But that’s pretty much the shit that’s not important. The soma/opium/entertainment/ etc. I very much understand and don’t see myself as a victim. I grew up rural poor. I spent an enlistment in the military. I got married. My wife had her associates and three years of college. I used the GI Bill, got a work study job, plus worked extra in the reserves. Could I have gone to college for free? Well, if I had been raised in a different background, yes, I would have known how and done it. I turned down an offer of admission to West Point to get married. I took an ROTC scholarship but they changed it and the requirements and I did not take it. My wife worked full time and I did take some small student loans that were paid off. But- My tuition was 1/2 proportionally what it is there now. My exact same apartment is now 2-3 times proportionally what it was then. Buying a three year old all weather, low mileage, reliable vehicle for work is twice as much proportionally. Our medical insurance was 1/2 proportionally what it is now. I knew from talking to people that had been in my shoes 20-25 years previously they had things - same apartments, same school, etc. also proportionally better than I had. And recognized “inflation” or whatever being off in those things. I don’t see what’s so hard about recognizing someone now in the shoes I was in 35 years ago have rent, education, transportation, and insurance costs way beyond what I did when I was struggling. And what a shitshow the increased travel, bigger debt, worse living, etc. must be for what they can afford. After college I went back on active duty, and was selected for an assigned to an area with massive springboard potential and opportunity. Plus life changing education and training, my wife worked full time plus finished her B.S. We bought a small SFH on a tiny lot with a tiny fenced yard 12 miles from work, with amazing schools, close to outdoor recreation, with zero crime, etc. We worked crazy hours and were smart with our money. That home was about 350K in today’s dollars. Those are now 750K to 800K homes. Someone in my exact shoes now that I was in then would have two to three times the commute, crappy schools, crime, etc, for 350K. I was already working so many hours and things were already tight enough more vehicle and transportation expense, hours wasted commuting, etc. would have had a very negative impact. I want some 25 year old young couple now to have things as good as I did then, if not better. Around a decade later I bought the big wonderful dream house that was a fantastic place to raise a family. The oldest was in grade school, one in preschool, etc. My wife had been able to stop working and we did single income starting around 30 when we started our family. It was around a 475K home. That home just sold for 775K dollars. I could not have remotely afforded it / my life if it had been 475K a couple of decades ago instead of 300K. Even if my wife worked full time and we did the day care and all that crap. Which would not have worked because I averaged about 6 months of each year away from home for the decade we lived there. We would have lived someplace way shittier with crappier schools, more crime, etc, than we did. For the same effort and accomplishment. Around a decade ago, or even now, I could be fully retired/not working and have 130K coming in each year. I decided to keep working 30-40 hours a week. My federal income taxes are about the same as the 130K passive. But… Still working allowed me to give the wife her farm I always promised her since I took her away decades ago, be a little more rural, keep the kids in good schools, be away from crime, pay for their college, etc. Now, the farm was about 1M in today’s dollars. Plus I added about 400K in todays dollars in a new building, pool, etc. I pay property tax on an assessment of 1.2M. The house would sell for 1.8-2M. So, the house proportionally would have been half again as much to buy a decade ago. Under the current economy, I would never had had this home. Someone a decade behind me with the exact same accomplishments, drive, potential, sacrifices, efforts, etc. can’t have what I have. Things got progressively better for young Americans - And for various reasons have slid back - While trying to paint over it with cheaper, fancier crap that doesn’t matter- While the real things that matter are being stolen. I am absolutely not a communist. But we have fucked over the younger generations. View Quote I’ve been told that empathy is liberal propaganda and we should all be cold heartless assholes who shame those younger than us. Or at least that’s what GD has taught me. |
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That’s a Ford fuckin Ranger!
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Originally Posted By ranging-by-zipcode: Bunch of cry babies Land 40 K Tent 3K https://i.postimg.cc/QxF417t7/Green-Rock-Glamping-Pic2-086a6040-c73e-4ed3-b835-46ec04984157-1024x1024.webp View Quote That’s what I’m talking about. If you want a little luxury find an old airstream to put next to it. |
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i'm your huckleberry. that's just my game.
MT, USA
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Originally Posted By ramairthree: Looks like a solid 1K or more of wood also. I know the wood cost 1/2 as much five years ago. Just cut out your fancy ass Netflix membership and that will cover it. View Quote |
I have a dream that my four children will one day live in a nation where they will not be judged by the colour of their skin but by the content of their shitpoast. - sierra-def
membership courtesy of TMS. thanks buddy! |
i'm your huckleberry. that's just my game.
MT, USA
|
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I have a dream that my four children will one day live in a nation where they will not be judged by the colour of their skin but by the content of their shitpoast. - sierra-def
membership courtesy of TMS. thanks buddy! |
i'm your huckleberry. that's just my game.
MT, USA
|
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I have a dream that my four children will one day live in a nation where they will not be judged by the colour of their skin but by the content of their shitpoast. - sierra-def
membership courtesy of TMS. thanks buddy! |
Originally Posted By eagarminuteman: I’ve been told that empathy is liberal propaganda and we should all be cold heartless assholes who shame those younger than us. Or at least that’s what GD has taught me. View Quote View All Quotes View All Quotes Originally Posted By eagarminuteman: Originally Posted By ramairthree: Yeah, I’m not rooting in defense for the ones that see themselves as a victim. Were some things harder? Sure, you had to spend hours in the library looking up, copying, etc, doing references for a pub and type it up. vs doing it online from home with a word processor with a magic cite function. Were some things more expensive? Sure, 35 years ago a 19 inch color TV and stereo VCR on sale were the equivalent of about 2200 bucks now. And that rack stereo system with huge speakers, dual cassette, cd six packs, and turntable was about 2700 bucks in today’s dollars. Vs 100 bucks a month now for some streaming and internet and a $1000 phone or iPad or a 500 dollar TV. But that’s pretty much the shit that’s not important. The soma/opium/entertainment/ etc. I very much understand and don’t see myself as a victim. I grew up rural poor. I spent an enlistment in the military. I got married. My wife had her associates and three years of college. I used the GI Bill, got a work study job, plus worked extra in the reserves. Could I have gone to college for free? Well, if I had been raised in a different background, yes, I would have known how and done it. I turned down an offer of admission to West Point to get married. I took an ROTC scholarship but they changed it and the requirements and I did not take it. My wife worked full time and I did take some small student loans that were paid off. But- My tuition was 1/2 proportionally what it is there now. My exact same apartment is now 2-3 times proportionally what it was then. Buying a three year old all weather, low mileage, reliable vehicle for work is twice as much proportionally. Our medical insurance was 1/2 proportionally what it is now. I knew from talking to people that had been in my shoes 20-25 years previously they had things - same apartments, same school, etc. also proportionally better than I had. And recognized “inflation” or whatever being off in those things. I don’t see what’s so hard about recognizing someone now in the shoes I was in 35 years ago have rent, education, transportation, and insurance costs way beyond what I did when I was struggling. And what a shitshow the increased travel, bigger debt, worse living, etc. must be for what they can afford. After college I went back on active duty, and was selected for an assigned to an area with massive springboard potential and opportunity. Plus life changing education and training, my wife worked full time plus finished her B.S. We bought a small SFH on a tiny lot with a tiny fenced yard 12 miles from work, with amazing schools, close to outdoor recreation, with zero crime, etc. We worked crazy hours and were smart with our money. That home was about 350K in today’s dollars. Those are now 750K to 800K homes. Someone in my exact shoes now that I was in then would have two to three times the commute, crappy schools, crime, etc, for 350K. I was already working so many hours and things were already tight enough more vehicle and transportation expense, hours wasted commuting, etc. would have had a very negative impact. I want some 25 year old young couple now to have things as good as I did then, if not better. Around a decade later I bought the big wonderful dream house that was a fantastic place to raise a family. The oldest was in grade school, one in preschool, etc. My wife had been able to stop working and we did single income starting around 30 when we started our family. It was around a 475K home. That home just sold for 775K dollars. I could not have remotely afforded it / my life if it had been 475K a couple of decades ago instead of 300K. Even if my wife worked full time and we did the day care and all that crap. Which would not have worked because I averaged about 6 months of each year away from home for the decade we lived there. We would have lived someplace way shittier with crappier schools, more crime, etc, than we did. For the same effort and accomplishment. Around a decade ago, or even now, I could be fully retired/not working and have 130K coming in each year. I decided to keep working 30-40 hours a week. My federal income taxes are about the same as the 130K passive. But… Still working allowed me to give the wife her farm I always promised her since I took her away decades ago, be a little more rural, keep the kids in good schools, be away from crime, pay for their college, etc. Now, the farm was about 1M in today’s dollars. Plus I added about 400K in todays dollars in a new building, pool, etc. I pay property tax on an assessment of 1.2M. The house would sell for 1.8-2M. So, the house proportionally would have been half again as much to buy a decade ago. Under the current economy, I would never had had this home. Someone a decade behind me with the exact same accomplishments, drive, potential, sacrifices, efforts, etc. can’t have what I have. Things got progressively better for young Americans - And for various reasons have slid back - While trying to paint over it with cheaper, fancier crap that doesn’t matter- While the real things that matter are being stolen. I am absolutely not a communist. But we have fucked over the younger generations. I’ve been told that empathy is liberal propaganda and we should all be cold heartless assholes who shame those younger than us. Or at least that’s what GD has taught me. GD - Family is the most important thing. Money means nothing. You should sacrifice everything to have as many kids as possible and spend as much time with your parents/kids/siblings as humanly possible. Also GD - Fuck your family, move 8700 miles away to where the jobs and cheap houses are at (for now). |
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Celebrating the remains of the Second Amendment one Fine Firearm at a Time. Callsign: Goat Locker. I might be old but I saw the world before it when to shit. Enjoy life.
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i'm your huckleberry. that's just my game.
MT, USA
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Originally Posted By Trunalimunumaprzure: GD - Family is the most important thing. Money means nothing. You should sacrifice everything to have as many kids as possible and spend as much time with your parents/kids/siblings as humanly possible. Also GD - Fuck your family, move 8700 miles away to where the jobs and cheap houses are at (for now). View Quote just don't want to work barefoot in a blizzard in janurary in north dakota for $8.70/hr and no piss breaks. |
I have a dream that my four children will one day live in a nation where they will not be judged by the colour of their skin but by the content of their shitpoast. - sierra-def
membership courtesy of TMS. thanks buddy! |
Originally Posted By JLPettimoreIII: should've been buying apple shares and building your first house (1/1, no garage, no AC or heat, 870 SF of course) uphill both ways in the snow minus power tools and heavy equipment for $8700 before you were born instead of pissing your money away on food and rent. teddy bear says: renters lol. sucks to suck. fuck you pay me lol. View Quote Brotato, let me give just one example of how easy it was back in the day. Bought my first home that was a struggle to afford (12% mort really knocks the piss out of your buying power). Spent all my weekends in Home Depot getting ‘plies when I noticed, hey, all of my neighbor are in here, too! Bought a couple hundo HD and voila! My 200 shares are now 4,050 shares! For yoos guys who likes da maths…do the maths on that one. |
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If the truth makes you uncomfortable, don't blame the truth. Blame the lie that made you comfortable. -James Ng Uni
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Originally Posted By exponentialpi: https://www.ar15.com/media/mediaFiles/200878/IMG_4161_png-3168056.JPG View Quote |
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If the truth makes you uncomfortable, don't blame the truth. Blame the lie that made you comfortable. -James Ng Uni
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Originally Posted By JLPettimoreIII: renters lol. just don't want to work barefoot in a blizzard in janurary in north dakota for $8.70/hr and no piss breaks. View Quote View All Quotes View All Quotes Originally Posted By JLPettimoreIII: Originally Posted By Trunalimunumaprzure: GD - Family is the most important thing. Money means nothing. You should sacrifice everything to have as many kids as possible and spend as much time with your parents/kids/siblings as humanly possible. Also GD - Fuck your family, move 8700 miles away to where the jobs and cheap houses are at (for now). just don't want to work barefoot in a blizzard in janurary in north dakota for $8.70/hr and no piss breaks. $8.70 an hour? I was making that in 1933 struggling to afford my $6,300 house at 9% interest rates, son. |
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Originally Posted By Trunalimunumaprzure: GD - Family is the most important thing. Money means nothing. You should sacrifice everything to have as many kids as possible and spend as much time with your parents/kids/siblings as humanly possible. Also GD - Fuck your family, move 8700 miles away to where the jobs and cheap houses are at (for now). View Quote Generational absolutism is a bitch. |
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That’s a Ford fuckin Ranger!
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i'm your huckleberry. that's just my game.
MT, USA
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I have a dream that my four children will one day live in a nation where they will not be judged by the colour of their skin but by the content of their shitpoast. - sierra-def
membership courtesy of TMS. thanks buddy! |
Originally Posted By eagarminuteman: I’ve been told that empathy is liberal propaganda and we should all be cold heartless assholes who shame those younger than us. Or at least that’s what GD has taught me. View Quote I’m not big on empathy at all. I am however, a huge fan of meritocracy and rewarding accomplishment. And not a fan of fucking people over that earned something. |
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Originally Posted By Trunalimunumaprzure: They know what they got. View Quote View All Quotes View All Quotes Originally Posted By Trunalimunumaprzure: Originally Posted By JLPettimoreIII: @Trunalimunumaprzure in all seriousness, i've been trying to buy an affordable used heavy duty sewing machine to build some gear for myself. the sellers are all GigaChad master fabricator master plumber master electrician master carpenter master commercial concrete guys navy squeal delta force squeal team six green beret NASA SAS parachute riggers who want $870 for their 87 year old all metal sewing machines with missing parts and deferred maintenance. me: fuck off.gif They know what they got. Apparently so. Otherwise a milli Melvin would get back in a month or two and buy it for what it’s actually worth. |
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