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Mortico t1_j7pk0s0 wrote

I study history, economics, geography, geopolitics a dn so on as a hobby. For decades.

They did start these movements, yes. I said as much when I said they voted for civil rights and freedoms for young people. WHEN THEY WERE YOUNG PEOPLE.

They voted for whatever suited their demographic the best. Most generations do that, but because they are a huge portion of the electorate, they always go their way.

They are the same people who run universities like businesses, charge too much for shit education, and then vote against student loan forgiveness.

They own the universities now, that's why. They don't care about young people now, they only cared about young people when they were young.

I had my college tuition paid for by rich boomers. But I still empathize with students today, because they get such a shit deal. I was fortunate, but the boomers don't see things that way. They feel they earned everything they stole through hard work and determination. But they are totally blind to the fact that they've been rigging the system in their favor for decades, and that they happen to come of age during one of the most productive and prosperous times in American history. Sure they contributed to that, but college was cheap, houses were cheap, jobs were plentiful, they paid well, people had job security and pensions and unions.

Then they voted to TAKE ALL OF THAT AWAY from everyone else the second they sat in the manager's chair. Pensions have been looted, college is a scam, houses are criminally overpriced, wages haven't changed in 30 years. How old were boomers 30 years ago? They were 40 years old. They froze wages and gave themselves raises and lower taxes the second they didn't need them for themselves anymore.

Boomers own 65% of the square footage of this country's housing. Millennials own 4%.

The only saving grace is that housing prices will crash when no one can afford to buy all these boomer mansions. But it will destroy the entire world economy. The boomers won't care, because they will be dead. The rest of us have to clean up the mess they made.

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Redlar t1_j7qxezj wrote

>The only saving grace is that housing prices will crash when no one can afford to buy all these boomer mansions

As much as I would love for this to happen you may be forgetting that houses are being bought by investment firms as part of investment portfolios that are then rented out or bought by companies solely to use as airbnbs

Boomer money isn't going to the younger generations, it's going to be vacuumed up by nursing homes, expensive healthcare, and reverse mortgages.

Corporations not people will be seeing the money, we will be left with the scraps that they so generously bestow upon us

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Mortico t1_j7r3pw3 wrote

Entirely possible. At this point I expect to inherit nothing.

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