Gen X didn’t have it as good as boomers but they weren’t far off.

https://lemmy.world/post/44591154

Gen X didn’t have it as good as boomers but they weren’t far off. - Lemmy.World

Looking at house prices in my area and who would have been buying at the time. Gen X were still at the tail-end of the golden age and it really is only millenials and the generations that follow that have had to deal with the actual hardships following the economic changes. I see Generation X try to inject themselves into the discussion and they really shouldn’t.

“inject themselves and they shouldn’t”

i’m inspired by your courage and bravery

You’ll be shocked to learn that plenty of millenials watched Gen X buy houses and enjoy a strong economy.

I see Generation X try to inject themselves into the conversation

This does not sound like the GenX I’m familiar with.

Good to hear you don’t use facebook.
I don’t, for this very reason. It’s not a reflection of reality.

Acting high and mighty because you swim in a cesspool

Stop please, my stomach hurts

I do hate to say it but it seems like Gen Xers are slowly taking over the Boomer “My childhood was FUCKING AWEsome we drank from the Waterhose and didnt have autism and if you dont like that then STFU liberal!” mentality. I’ve seen it firsthand
Me either, you barely hear anyone talk about Xers, and that’s including Xers
Remember, this is about classes, not ages. Plenty of Boomers and Gen X have never and will never be able to afford a house. Rich people are causing the current affordability crisis. Get mad at them.
If buying a house is 3 x your annual income and you don’t own a house, you are either an outlier with tragically unique circumstances or you are incredibly silly.
Graduating into the dot com bust sucked, but just in time to buy a house and ride the 2004 bubble. Negative amortization mortgage, baby!
Did you get an interest-only mortgage or something? Because property value has skyrocketed since Gen X stepped into the housing market.
I was being facetious and never touched those crazy mortgages, but GenX had their own series of economic disasters.
Fine, and feel free to continue to downvote me, but the difference from Boomer-to-GenX and GenX-to-the generations that followed is catastrophic. Its like saying “yeah, being handicapped sucks but I did break my ankle as a teen so we’re basically in the same boat”

As a Gen-x I worked 2-3 jobs through my 20’s to get by.

So yea, maybe you need to not get your info from Facebook.

Your personal experience doesn’t reflect actual financial data. I mean this in good faith so please don’t don’t take it the wrong way, but I can literally prove that buying a house was incredibly more affordable for a huge number of Gen X compared to Millennials (and certainly Gen Z). The drop-off for the following generations is immense.
(Narrator: He took it the wrong way)

Stop using artificial groupings to separate people.

Plenty of old folks who don’t have houses or retirement income, and there are Gen Alpha kids who are going to inherit billions.

Cool, great comment, but I’m talking about the general majority.
Baby boomers are becoming homeless at a rate ‘not seen since the Great Depression’ — here’s what’s driving this terrible trend

Experts have dubbed it a “silver tsunami.”

Moneywise
“Boomers are now contending with insufficient afforable housing” When? Certainly not when they were entering the housing market. All this says is that boomers can’t buy a house right now, much like everyone else. This article is barmy.

When?

Right now.

So, you’re saying old folks should jump into time machines and go back and make better choices fifty years ago?

When the fuck did I say that? I’m saying it was significantly easier for boomers and GenX to buy a house during their prime years than for millennials and GenZ. Learn to read mate.
Yup. Times were different. Some things were easier, some were harder. Stop crying about it. Make the best of what you’ve got.
Whelp here is a gen xer injecting themselves. Everyone earlier has it better than those after but to say its not far off is well. far off. Even with boomers to some degree. especially if you were a refular person. silent would be better. Silent started with the depression when they were babies and very young and then ww2 had rationing and such but they hit adulthood just as we got to post ww2 whereas the boomers were just being born. greatest generation got the benefits of the depressions social programs but dealt with a lot of the bad times that lead to it. silent started bad but their whole lives basically got better over time. Boomers too but like the youngest silent is just into 80’s so a lot of them clocked out about covid and later. That is some good time to punch the ticket. Older boomers have it better than younger boomers and same with X. Boomers still had a chance of the family with 2.5 kids, free standing house with 2 cars and garage, and either vacation property or enough money to take regular vactaions. X it sorta seemed possible but most could not reach it although if you did well enough and made the right (for their personal enrichment) choices you could come close. Millenial you have to have done exceptionally well. So like Xers that became primary care doctors had that “typical” life. Im not sure what a millenial primary can even do that now. Might have to be a specialist. So to take my personal experience my silent gen parents were single income on a janitor job and had 7 kids, owned the 5 bedroom house we were raised in before they retired with social security, savings, and pension. My boomer elder brother worked the same janitor thing and never married but managed a 3 bedroom place and while smaller still got social security and a pension. I married but had no kids and have a 2 bedroom condo (for now) and am whittling away savings near the end of my career where I will have no pension and a relatively smaller social security. Pretty sure millenials in my (realtive) shoes won’t ever own a place. Who knows maybe will manage an efficiency or with two incomes they might be able to have my relative level. Z even with two incomes I don’t know unless things massively change.

Assuming optimal conditions that may be true, and it does seem that way in retrospect looking back, but as other have said there were a lot of other challenges that you don’t really think about. For myself, I’ve had a lot of struggles with neurodivergence because I was never diagnosed or anything, I just thought I was a weird kid tbh and I guess I wasn’t that different enough and I was good enough at blending in. My story is definitely not atyplical either, a lot of kids on the autism spectrum or with adhd didn’t get the proper treatment and struggled a lot and had a difficult life because of it. That’s just one thing. There were a lot less rights and laws for LGBTQIA+ people as well which is another whole can of worms in itself.

If you look at it purely by the numbers, then sure, I suppose it’s true.