“There’s this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.

  • ashok36@lemmy.world
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    6 months ago

    I had dinner with my mom last night. She told me she made $2.20/hr as a waitress in 1972. Not including tips.

    That’s the equivalent of over $16/hr now.

    The boomers have no idea how lucky they were. And they fucking wasted it.

      • ashok36@lemmy.world
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        6 months ago

        I agree. I still think they were lucky insofar as they were born in the right place at the right time to benefit massively over future generations.

        • some_guy@lemmy.sdf.org
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          6 months ago

          This is the important detail. Europe was destroyed and the USA was able to flourish. Opportunities existed that will likely never exist again. Capitalism has never been as great as it was in the USA post-WWII.

          • Fedizen@lemmy.world
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            6 months ago

            Boomers Now: “hey if we blow up half the world again maybe it will help the economy, also I’m way too old to be drafted”

    • Smoogs@lemmy.world
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      6 months ago

      As much as you complain about the boomers, the current generation(s) are the ones you need to pay attention when it comes to who’s caused the house shortage because of unchecked capitalism. There’s more than enough houses that should house everyone for cheap.

      You cannot blame boomers for the smouldering wreck that Airbnb left behind. That was the work of a millennial. Take some responsibility for yourselves and your own actions that have attributed to the current state of society that you live in.

      • Riven@lemmy.dbzer0.com
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        6 months ago

        My guy, air bnb didn’t cause the shortage or even significantly make it worse. It’s the mega corps that literally own hundreds of thousands of homes across the US and just rent them out. I’m not even upset at boomers who own 3 or 4 rental properties and I work with a lot of them. It’s always mega corps fucking it up for the rest of us.

      • dogslayeggs@lemmy.world
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        6 months ago

        Housing was wildly expensive and rising incredibly fast before Airbnb was invented (company started in 2008, which you might recognize as an important year for the real estate market). After 2008, tons of investors came in to buy up the depressed value properties to either flip or rent out or just hold onto until the value returned. People buying houses with cash isn’t something Airbnb caused. Corporations buying up houses to rent isn’t something Airbnb caused. Foreign investors buying up houses to get their money out of their country isn’t something Airbnb caused.

      • stoly@lemmy.world
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        6 months ago

        LOL you really believe that “a millenial” created AirBNB and not some conglomerate of venture capitalists funneling billions at a team made up of people of all ages?