Housing was cheap for boomers, page-317

  1. 18,442 Posts.
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    Dude if house prices double again tomorrow boomers will still say the same thing… it takes more of your income to buy a house as % now than it did for them

    Secondly current stats show the people who’s spending is increasing with rising rates are the boomers

    watch the abc business show yesterday where the boomer says he’s spent more in the last 2 years than the last 20

    he’s got no rent no mortgage his super rise about ten % and he’s getting 5% on his cash

    the rba is trying to slow spending and boomers are getting around spending like drunken sailors, the wealth is not being shares as well as it should be and will fracture society

    boomers will not give, they just take that’s why called generation me
    Last edited by blueballs: 30/07/23
 
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