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Old 06-04-2017, 12:36 PM
 
1,915 posts, read 1,482,720 times
Reputation: 3238

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Quote:
Originally Posted by s1alker View Post
Yeah I would have liked the boomer era. Graduate high school, walk downtown to the union factory and get a job making union wages and retire with a fat pension.
Didn't the Boomers have to live through the stagflation (high unemployment and high inflation) of the 1970s when a lot of them were just starting out? You may have been worse off as a Boomer especially if you lived in an area that had factory (union) work. Not to mention the draft for Vietnam.

I think if one really looks at it, every generation has had it's economic and other challenges.
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Old 06-05-2017, 07:26 AM
 
4,224 posts, read 3,022,611 times
Reputation: 3812
Quote:
Originally Posted by BellaLind View Post
Didn't the Boomers have to live through the stagflation (high unemployment and high inflation) of the 1970s when a lot of them were just starting out? You may have been worse off as a Boomer especially if you lived in an area that had factory (union) work. Not to mention the draft for Vietnam.
Nobody would hire you in those days if you had a 1-A draft classification.

Quote:
Originally Posted by BellaLind View Post
I think if one really looks at it, every generation has had it's economic and other challenges.
Exactly. Things have always been hard for those just starting out. There were no good old days to harken back to, and there is nobody to blame for that at all.
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Old 06-05-2017, 07:40 AM
 
1,519 posts, read 1,218,133 times
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Quote:
Originally Posted by s1alker View Post
You can work at Walmart in air conditioned comfort while collecting welfare. Our predecessors would have worked in harsh conditions in a factory with a alcoholic foreman breathing down your neck all day.
lol
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Old 06-05-2017, 10:19 AM
 
1,369 posts, read 2,136,796 times
Reputation: 1649
As as black woman born in 1991, I would rather be born LATER. I have absolutely NO desire to be born in the 60s/70s. It is hard being black NOW, but being black THEN...*cringes*
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Old 06-05-2017, 10:47 AM
 
2,170 posts, read 1,956,918 times
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The biggest difference I see is it seems everyone back in the day could own the cute white picket fence house, one parent could work and the other stay home with the kids.. Now you need a dual income family and put off having children till your 30s while you aggressively pay down student loans, otherwise you're "financially irresponsible".

I like to think if I was born in the late 70s I would have been an internet millionaire just because I started buying up random Domain names to sell years later.. aka "privatejet.com"
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Old 06-05-2017, 11:23 AM
 
6,438 posts, read 6,924,520 times
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Quote:
Originally Posted by ericp501 View Post
The biggest difference I see is it seems everyone back in the day could own the cute white picket fence house, one parent could work and the other stay home with the kids.. Now you need a dual income family and put off having children till your 30s while you aggressively pay down student loans, otherwise you're "financially irresponsible".

I like to think if I was born in the late 70s I would have been an internet millionaire just because I started buying up random Domain names to sell years later.. aka "privatejet.com"
I'll bet you could afford to live in this right now, on one income: https://www.zillow.com/homedetails/4...33369086_zpid/

It looks like the house I grew up in and is in a similar location. It costs $69,900. Right now. The estimated mortgage, with 20% down, is $272 a month.

But I'll bet you don't like it very much. Standards have changed.
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Old 06-05-2017, 03:11 PM
 
1,915 posts, read 1,482,720 times
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Quote:
Originally Posted by Larry Siegel View Post
I'll bet you could afford to live in this right now, on one income: https://www.zillow.com/homedetails/4...33369086_zpid/

It looks like the house I grew up in and is in a similar location. It costs $69,900. Right now. The estimated mortgage, with 20% down, is $272 a month.

But I'll bet you don't like it very much. Standards have changed.
I like that house! I could sell my current one and buy that out outright with the equity I have now. Too bad it's no where near my job or where I hope to move to eventually (looks suburban and I want to be rural again).

But yeah, that's very affordable. And it's near early 1980s prices too!
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Old 06-05-2017, 07:54 PM
 
6,438 posts, read 6,924,520 times
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Quote:
Originally Posted by BellaLind View Post
I like that house! I could sell my current one and buy that out outright with the equity I have now. Too bad it's no where near my job or where I hope to move to eventually (looks suburban and I want to be rural again).

But yeah, that's very affordable. And it's near early 1980s prices too!
All you have to do is find a job in Cleveland...

or just about any other small to medium sized city that is not coastal, or a college town, or a tech capital.
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Old 06-05-2017, 09:10 PM
 
1,915 posts, read 1,482,720 times
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Quote:
Originally Posted by Larry Siegel View Post
All you have to do is find a job in Cleveland...

or just about any other small to medium sized city that is not coastal, or a college town, or a tech capital.
I've made the unfortunate mistake of specializing in a field that tends to be centered in three major cities... with a high COL. I have a plan though. I'm working on modernizing my job so that it can save money and I can do it remotely. Then I start telecommuting. Once they get used to it, then I move out. I plan to move back to a rural area. It's a toss up between moving back home or moving where the boyfriend wants to go (he also wants rural). It really depends on where our relationship is in five years for that (because that is my timeline).

I've made major strides at work and the boss is happy with the money I'm saving. He's also eager for my new ideas.

But I suppose I'm getting way off topic.
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Old 06-07-2017, 11:16 AM
 
Location: Lower East Side, NYC
2,970 posts, read 2,618,960 times
Reputation: 2371
Yes and no. Ya'll really fcked the cities from the 60s-80s and I'm a very urban person. That being said, I wish I would have experienced the cheap rent and societal freedoms we no longer have. It's America though, so it would have been at the expense of becoming a statistic. smh - born in 1991
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