Quote:
Originally Posted by Vaive
Whaaa? Older people have more money than younger people? That has like never happened in the history of the world.
As a member of the forgotten generation (GenX) I find this milenial / boomer fight hilarious and entertaining. I've always thought if milenials spent just 10% of the time they waste fighting an imaginary war against boomers, figuring out a way to make money instead, they'd be as well off financially as boomers are some day.
As to the subject at hand, my guess is the price increase in 911s is coming from people in their 30s and 40s, not boomers. Boomers are into 60s/70s cars, not 80s Porsches. Kids who had the 911 on their bedroom wall in the 80s are the ones driving the prices today, ie GenXers like me. Your anger is misdirected.
|
1. You're not understanding. When boomers went to school, tuition was something they could pay for working part time during the summers. Today's average tuition requires like 4000 hours of min wage to pay for. The same thing has happened to housing; millions of people grew up in areas and can no longer afford a home similar to the one they grew up in, the prices increased so substantially in the past 20 years that there is no way they'll ever be home owners.
2. Wages have not moved in almost 3 decades. Cost of everything else has gone up dramatically.
3. Disagree. Go to a Porsche meetup. Most of the owners, in my experience, have white hair and are close to retirement, or retired. Most of them also just cut checks to specialist shops that do all their wrenching for them. There's a reason I've never gone back to one. Rich boomers.