BigBadBruins7708
Registered User
It's true, and I think it's finally dawning on my parents generation.
I can't tell you how many tinmes I had to hear something along the lines of "When I was your age" in regards to moving out, buying a house, etc. My parents, God bless them, just didn't get it for the longest time.
That's not to say they weren't supportive because they were.
I hope something changes for the generation tha my kids will be a part of, because frankly, I have no idea how they'll be able to live if everything keeps getting more and more expensive but wages don't continue to climb.
I think there will be a correction on that front in the next 10-20 years.
Figure in that time you will have a lot of boomers retiring/downsizing/moving into communities or nursing homes/outright dying.
That is going to open up a lot of jobs and real estate in a short amount of time. So you're going to see wages rise as jobs need to compete for talent more and housing prices drop with the supply outpacing demand.
Basically soon there will be a large vacuum created by the boomer generation moving out of the workforce and housing market.