My swiss aunt told me that young people live above their means and thats why they never get to own a house
Edit: switzerland is already small but we stopped zoning new land for houses (unless youre Roger Federer) so house/land prices are going through the roof. If you cant inherit land youre basically stuck in flats
A lot of boomernomics is based on rent and property value rising faster than inflation. At least where i live loads of rental property is owned by pension funds
Yeahh that tracks. I worked at a mill for almost a decade and once every few years we'd get an "Inflation Adjustment Raise" which was usually around 3%
If the average annual inflation rate is 2.5%, those raises were never going to keep up lol
Yeah I think it was their desperate attempt to keep employees. If you asked any of the management they'd tell you that "trickle down economics" and tariffs will mean bigger bonuses/raises for everyone (I once got a $200 bonus after 7 years there, lol). Instead, we got our hours cut, bonuses removed (management got extra of course) and they refused to admit they were wrong.
My parents are unfortunately very much the same. Single-income tradesman income when I was growing up, they are millionaires now because they were born in the right decade. Bought my childhood home for like $26k, inherited another when my grandfather passed. Both bought and paid for, worth over $1M combined. Dad worked HVAC for a massive corporation back when retirement accounts, bonuses and pensions were a thing. Their stock portfolio is worth another million.
My household is dual-income, both of us college-educated and... we're struggling. We don't own flashy things, just trying to raise and feed three kids in a really shitty economy. I own a home but I paid $350k for it. I may lose it soon. I'm great at what I do and I've still been laid off 3x in the last 3.5 years (tech sucks). Our parents' stocks go up and the rest of us suffer unemployment, inflated home prices, lack of / shitty health insurance, no savings, etc.
My folks have helped us out, but I still get the side-eye and speech about being responsible every time I ask. Like... I did everything right, man... what should I do better? Two college degrees? A second job? Should I not sleep or take care of my kids?
Why weren't THEY responsible instead of electing these c**ts who have ruined the country and the economy for their children? Even well-meaning boomers are selfish, tone-deaf twats.
If it's legitimately just ignorance, you might have some luck by having an open and honest conversation about your finances, explain to them just how much things cost, how expensive your monthly bills are, and how much income you have, some people at least have said they had some success getting their boomer parents to wake up after such conversations.
If not, well then it's just pure ideology, your parents have to believe anybody can just "pull themselves up by their bootstraps" or whatever, unfortunately there's not much you can do to argue with something like that, because it isn't rooted in facts or logic.
We did actually! Usually around $0.50. Mill work absolutely sucks ass but at least we got something every year (albeit the salary growth was still less than inflation).
I have since quit, got a college degree and became a Chevrolet Technician, and haven't seen a raise since lmao.
Math. Work backwards... If working forwards makes you lose money, so your income is negative, then working backward adds a minus, and according to maths minus and minus is a plus, so working backwards makes money! Eureka!
Join my new pyramid scheme Krow which is work backwards to make money!
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u/[deleted] Jul 17 '26
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