Re:The wealth gap between young and old people
by gitah on Thursday July 30, 2015 @07:23PM
(#9978930)
Well your parents inherited almost a million dollars of real estate so comparing your situation to theirs seems unfair.
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Re:The wealth gap between young and old people
by msandford on Thursday July 30, 2015 @08:18PM
(#9979156)
30-50 years ago farmland was a few hundred an acre in real terms. Today it's a few thousand. That's inflation adjusted so land has definitely appreciated considerably.
http://www.ers.usda.gov/media/873616/farmrealestatevalues.pd...
What's the rising tide that floats all boats these days? It's not the stock market, it's not real estate, and it's not startups. I can't think of anything that keeps going up, except perhaps for inflation.
Re:The wealth gap between young and old people
by snickerdoodles on Friday July 31, 2015 @01:45PM
(#9983121)
population