re: Can anyone here admit that a lot of hardworking young people are fricked?

“Again, zero solutions. Just bitching.”


If this is your input to this problem, which you say you acknowledge, you aren’t going to like their solution.

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There are a hell of a lot of people that don’t have the luxury of being able to completely uproot their entire lives and move because the federal government decides to target their area for dropping off foreigners and destroying their community.

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Sounds like it’s not a luxury. Sounds like a necessity. Move.

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Sounds like it’s not a luxury. Sounds like a necessity. Move.

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If you have $500 to your name and your car engine blows up, you can’t just go out and buy another one. Is it a necessity? Yes. Can you afford it? No.

I know you’re just trying to win the argument but there’s no need to be this willfully obtuse.

I don’t think the way younger generations view boomers is much of a secret. They are the generation that normalized abandoning unwanted spouses and aborting unwanted children. They abandoned traditional sexual morality en masse in their youth. Then, when they grew older, they kept taxes low and benefits high during their prime earning years. Now that they are older, they shape policy to protect their assets and ensure their SSI checks keep coming. When they die, they will leave behind shattered public institutions and mountains of debt for the generations that follow.

And I say that as a person who likes the boomers for the most part. They have virtues too and were responsible for massive amounts of innovation and economic growth. It’s just the world they helped create is very individualistic and missing protective institutions like nation and family.

Hardworking young people ?

I'll let you know if I ever meet one

Well if their solution is to elect a communist like that NY mayor, heaven help yall. Read Animal Farm or communism in history. Not such a good solution.

Is that what their solution is?

Again, no solutions. frick give me some! I tried to start but mine got ignored. Which I suspected would happen.

Say cut your spending and people freak out and say “No!!!l”.

Well I want to reverse the trend since the recession . wages are stagnant compared to rising expenses. these people will never own a home, in particular the low and middle class.

Young families are struggling with $1500 rent and $2000 day care. The high paying White Collar industries that pay us enough to buy a median home are shredding jobs and AI will accelerate to eliminate millions more.

Seniors have the political leverage to change laws to benefit them, they make up the median US voter. Politicians are of similar age and share common interest. Prop 13 in CA and other states pass laws for property tax relief while benefiting from your home's property valuation. When companies fire 100s of working-age Americans and outsource them to India or South America (how many cities in the US have collapsed economically because of that?) , those savings increase the companies' stock valuation and seniors' 401ks and pension funds.

Is it the sole blame of you guys? No, obv labor and construction costs are up and big metros arent building enough.

But some treat this like a temporary "storm will pass" thing, when its not. The generation with the political means does not want it to change, when they benefit from it. the response is "my kids and grandkids are doing great!" Is the older generation interested in working until 70, 75 to help prolong Social Security solvency?

some quotes and charts about the trend facing my generation

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“It will eliminate jobs,” JPMorgan Chase CEO Dimon said, pointing out that so did tractors and cars, once upon a time. “It happens too fast,” he said, referring to sudden, disruptive technological change. He urged society, government, and business to “figure out how we can save jobs,” whether that’s through retraining, a new form of income, early retirement, he said there’s a need for “something—you can’t just take all these people and throw them on the street … making $30,000 a year when they were making [$150,000], you’ll have a revolution.”

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- Baby boomers account for 42% of all home buyers, while millennials fall to 29% (down from 38% from one year ago).
- Multigenerational home buying is on the rise, with Generation X leading the trend.
- Half of older boomers and 40% of younger boomers are purchasing homes entirely with cash.
- the average age for a first-time homebuyer is now at its highest ever: 40.

WASHINGTON (April 1, 2025) – In a shift that underscores changing dynamics in the housing market, baby boomers now make up the largest generational group of home buyers, according to the National Association of Realtors®.

NAR's 2025 Home Buyers and Sellers Generational Trends report, which examines the similarities and differences among recent home buyers and sellers across generations1, found that the combined share of younger boomers (ages 60–69) and older boomers (ages 70–78) rose to 42% of all home buyers in the past year. Millennials dropped to 29% of all buyers – down notably from 38% a year ago. Generation X buyers (ages 45–59) held steady at 24%.

"In a plot twist, baby boomers have overtaken millennials – the largest U.S. population – to become the top generation of home buyers," said Jessica Lautz, NAR deputy chief economist and vice president of research. "What's striking is that half of older boomers and two out of five younger boomers are purchasing homes entirely with cash, bypassing financing altogether."

While older buyers were more likely to pay cash, younger generations were much more likely to rely on financing and family support. More than 90% of buyers 44 years and younger financed their home purchase. Twenty-seven percent of younger millennials (ages 26-34) and 13% of older millennials (ages 35-44) cited a gift from a relative or friend as one of the sources for their down payment.

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High home prices and elevated mortgage rates have made it increasingly difficult for Gen Z and millennials to buy homes. The median age of first-time U.S. home buyers has significantly jumped during the past decade. Because incomes have not kept pace with housing costs, many younger Americans are locked out of homeownership.

It’s become increasingly difficult in recent years for young home buyers to break into the housing market. Between comparatively high mortgage rates and skyrocketing home prices, the weight of buying a home feels insurmountable for Gen Z and millennials.

And it shows in the data: In 2025, the share of first-time home buyers plummeted to a record low of 21%, while the typical age of first-time buyers climbed to an all-time high of 40 years, according to a National Association of Realtors report released Tuesday.

“The historically low share of first-time buyers underscores the real-world consequences of a housing market starved for affordable inventory,” Jessica Lautz, NAR deputy chief economist and vice president of research, said in a statement. “The share of first-time buyers in the market has contracted by 50% since 2007—right before the Great Recession.”

According to a previous NAR report, the share of “older” baby boomer (1946-1954) home buyers was 22%, while the share of “younger” millennials (1990-1998) and Gen Zers (1999-2011) were just 14% and 5%, respectively. And as Jim Reid, head of global macro research at Deutsche Bank pointed out in a note this summer, 46% of homes purchased in 2024 were by those aged 60 and over.

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Younger buyers struggling to break into the housing market

Historically, younger buyers have made up a much larger piece of the pie. The median age of a first-time home buyer was 28 years old in 1991. That jumped to 38 years old in 2024, according to NAR. And “rising home prices and high mortgage rates have pushed” the median age of home buyers to a record-high of 56 years old in 2024, up from 46 in 2021,” wrote Apollo Academy Chief Economist Torsten Sløk, citing NAR data.

As of February, Americans need to make about $141,000 to afford a median-priced home, according to a National Association of Home Builders report, but the average salary for a person in the U.S. is about half of that.

The income needed to buy a home in the U.S. “remains significantly higher than before the [COVID-19] pandemic, underscoring the ongoing challenge of affordability even as market conditions gradually rebalance,” Realtor.com Chief Economist Danielle Hale said in a statement.

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New residential construction building permits issued per 1,000 Americans by year
U.S. Residential Building Permits Adjusted for Population, 1980-2023

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That isn't magically getting worse. It has always been dogshit. We used to call it growing up. Unfortunately, we have raised another generation with such warped expectations, that the slightest bit of adversity, discomfort, or inconvenience is the growing injustice of the universe.

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Some of this is absolutely true. A lot of them think that luxuries are some sort of human right. I know a lot of them that actually work hard, do the right thing, plan, and save yet their prospects look grim. They’re supposed to compete in a business environment where a lot of companies view them as expendable, their entry level jobs are at risk of being squeezed out so investors can make and extra 0.001% or get offshored to some Indian for pennies on the dollar. Hell, telling them to go into a trade to compete with some illegal who’ll do the same job for $5/hr is starting to sound suicidal too.

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Is that what their solution is?

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No, I’m a reactionary.

I’d say one possible solution is Demeny voting, giving children a vote by proxy. It’s unusual for society to have an inverted age pyramid and to be so gerontocratic. I think the needs of the young need more representation, or you end up with policies like prop 13 or single family zoning that are essentially wealth transfers from young to old.