Why is it not sinking into some baby boomers thick skulls that the housing market is screwed up right now?

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Because many, (not all, but many), live in this protected bubble:
Retired
Unaware
Comfortable
Set for life
Don't care

They think coz this generation has Internet, and games, and instant food and uber.....they have it easy.

They have no idea .
This generation has been labled " the landlord generation" for a reason.

Most will NEVER own a house .

Once upon a time - a house was equal to a years wage .
Now its half a million smackaroos

Unholymanswers · 26-30, M

@OogieBoogie There’s a lot of boomers that use those services as well. Internet has pretty much became a necessity in the digital age especially for those that earn their income via the internet.

OogieBoogie · F

@Unholymanswers yeah.... but they didn't grow up with it
"They did it harder.... blah blah balh "🙄😏

Unholymanswers · 26-30, M

@OogieBoogie Don’t forget they also walked 10 miles in the snow, adventured through the Amazon, and crossed the desert to get to school in -30 weather.

SW-User

@OogieBoogie I'm of the age that falls into categories; old, retired, grew up without the internet. But ....

Once upon a time - a house was equal to a years wage .

I don't know when that was, but I've never gotten to purchase a home for remotely close to one year's wages.

OogieBoogie · F

@SW-User i dont know where you are, but here, in the 1980's a average outter suburban house was $35 - 40 000.
Which was an averge middle class per annum wage.
Now its just crazy. Those houses are $500 000 now😒

SW-User

@OogieBoogie Perhaps my view is jaded because I spent 20 years, including nearly all the 80s, serving and getting paid the meager wages of our US military. I never saw $35-40K until after I got out. At that point my home purchase cost me $172K.

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