Our parents exploited a more abundant world. Now we’re fighting for the scraps while boomers buy up all the affordable housing for overpriced rentals and vacation homes
It's not even boomers, it's corporate rent-till-you-die as a business model. Probably boomers are in charge of those companies, but there's also a big proportion of boomers with nothing but social security as an income. This is not just generational its a system for funneling wealth to the wealthy. People of all ages are doing bad.
Yup, a lot of times inflation is just for the purpose of draining the public of any advancements being made in profit. Think about it, you keep doing such a great job that you get raises, then prices jump up overnight and take any gain you made through advancing yourself away from you.
Yes, but it does come from both sides. I worked in retail and then retail pharmacy management for about 20 years. The writing on the wall was just expanding and expanding so I left after almost hitting 100k. Now I work in the trades making cabinetry for commercial and residential. And the business I work for is about six months from bankruptcy. So you can either work for an incredibly profitable fortune 5 company or for a 90 year old prestigious small company and still be underpaid and in constant threat of doom. Inflation is just the symptom of greed or tyranny
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u/sipstea84 8h ago
Since I was 15.
Yet my parents think I'm a lazy piece of shit because I don't own a house as a 40 year old single mom. The "starter" homes in my area are like 500k.
I'm honestly exhausted.