Quote:
Originally Posted by ADDvanced
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.
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Um, no. This is just not true. You speak from zero experience on the first subject.
Tuition was out of reach for almost everybody back then. Almost all of us worked all during the school year AND summers to pay our way through college. Many of my friends never did "make it", despite high priced educations and privileged upbringings? Why?
Same reason your friends haven't. They were either lazy, made bad choices, had bad luck or didn't choose to pursue a high life style. It's not the economy, it's the people in the economy.
And the Porsche clubs are nothing but white haired old guys? Maybe where you live, but the last autocross I went to, I was the oldest guy there by 20 years.
Porsche Parades are different. They require several days off. Most working guys can't afford the time off to go to those, so the majority of participants are old guys like myself.