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Baby boomers are becoming homeless at a rate ‘not seen since the Great Depression’ (moneywise.com)
submitted 3 years ago by to c/usa@lemmy.ml
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[–] 6 points 3 years ago (3 children)

I'm actively searching for a house to buy - smaller than the one that what I grew up in - and while you're right about people wanting more space, it does not matter. Homes are disproportionally more expensive than they were in the 80s

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  • [–] 1 point 2 years ago (2 children)

    The house I grew up in is now worth 1.4 million dollars.

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  • [–] 2 points 2 years ago (1 child)

    I was going to include house much they sold it for a few years ago but I didn't think it was a fair comparison because they added a second floor

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  • [–] 2 points 2 years ago

    It's the thing I use to hammer home the idea that our lives are dramatically worse than our parents. I could not dream of paying that mortgage but my mom could pay it as a single mother of two because they bought it in the 80s for 300k and engineer salaries allowed them to pay it.

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