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A comment on Gerontopoly: Homeownership, wealth, and age. Parent comment

Re:Gerontopoly: Homeownership, wealth, and age by Lionsion on Monday April 23, 2018 @07:42PM (#16908486)
> Yea, this article is really not surprising to anyone who isn't a boomer. I look around and see smart, hardworking people with some of the "best" jobs in the nation (doctors, lawyers, programmers, etc.) who can't afford to buy a home. Between student debt, the cost of living, nearly 50% taxation (and rising in CA), wage stagnation, and real estate greed... it's nearly impossible even for those young people who are doing well. If you ask me, the boomer generation certainly left it (far) worse than they found it.

Is this a national problem you're seeing, or one specific to CA/NYC/etc.? I suspect it much be a local problem, since I can't see doctors, lawyers, and programmers having a hard time affording a home outside a few very specific locations.

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Re:Gerontopoly: Homeownership, wealth, and age by rubicon33 on Monday April 23, 2018 @10:00PM (#16909271)
I think the issue of wage stagnation, student debt, and all the issues that come with the wars and poor government management are felt across the nation by young people.

That said, I think the housing "crisis" is really specific to certain areas. In CA what we're seeing is that it's very hard to afford a home in certain areas.

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