Canadian housing Prices / Wages

Covid related topics that are connected to travel or the aviation industry.
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Blueontop
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Re: Canadian housing Prices / Wages

Post by Blueontop »

GhostRider6 wrote: Sat Jun 04, 2022 3:15 pm Whine, whine, whine.. a millennial specialty.

No generation has had it better…

Astronomically high wages, unions, pensions, low hiring requirements, ( 200 hour pilots at airlines )

Inflation is a global phenomena that occurs yearly… it happens! It’s a fact of life. Inflation is happening on a global scale right now. It’s not a Canadian phenomena. Our government is in an impossible situation after having to hand hold businesses and it’s citizens through an economic roadbump.

Our generation scrimped and saved… this wouldn’t have happened in our day. Citizens would have been able to support themselves…

Every penny counts…that’s how one gets ahead scrimping and saving.

No more $5 lattes folks!

If you want that $5 latte ? Go and get a second job or two.

Want that million dollar home? Don’t buy it.. rent that $200-300 / month basement suite. Count your Cents ….

Need a new vehicle ? Buy the 1995 Oldsmobile and put a few thousand into it and viola a new car!

Stop calling in sick once a week!

That’s how you get ahead …


When the financial meltdown happens .. and it will thank and millennial and their extravagant lifestyles. ( which many have documented)

The world does not owe you a lavish lifestyle… If you want that lavish lifestyle scrimp and save .
Ok boomer…. The only generation that had it “easier” was yours. Boomer. The single number one reason we’re here and have it so hard is the deregulation that happened across the western world in the 1980s. The time when the first wave of boomers took the reigns of power and started treating the world like their own personal piggy bank. Your generation mortgaged every generations future after that so you all could cash in for short term dividends. The numbers don’t lie in every sector prices have risen and incomes adjusted for inflation have stagnated. It’s not about $5 dollar lattes
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‘Bob’
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Re: Canadian housing Prices / Wages

Post by ‘Bob’ »

Ah yes. The old “pull yourself up by your bootstraps” trick.

So let’s say avocado toast and a latte is $20. $20 a day… every day…. from the day you turned 19.. and you now have a 20% downpayment on a house at age 60.

One that the previous owner bought as a high school dropout on a single income.

“No generation had it better….”
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digits_
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Re: Canadian housing Prices / Wages

Post by digits_ »

GhostRider6 wrote: Sat Jun 04, 2022 3:15 pm Whine, whine, whine.. a millennial specialty.

No generation has had it better…

Astronomically high wages, unions, pensions, low hiring requirements, ( 200 hour pilots at airlines )

Inflation is a global phenomena that occurs yearly… it happens! It’s a fact of life. Inflation is happening on a global scale right now. It’s not a Canadian phenomena. Our government is in an impossible situation after having to hand hold businesses and it’s citizens through an economic roadbump.

Our generation scrimped and saved… this wouldn’t have happened in our day. Citizens would have been able to support themselves…

Every penny counts…that’s how one gets ahead scrimping and saving.

No more $5 lattes folks!

If you want that $5 latte ? Go and get a second job or two.

Want that million dollar home? Don’t buy it.. rent that $200-300 / month basement suite. Count your Cents ….

Need a new vehicle ? Buy the 1995 Oldsmobile and put a few thousand into it and viola a new car!

Stop calling in sick once a week!

That’s how you get ahead …


When the financial meltdown happens .. and it will thank and millennial and their extravagant lifestyles. ( which many have documented)

The world does not owe you a lavish lifestyle… If you want that lavish lifestyle scrimp and save .
I'm curious. What should a responsible budget for a Jazz FO based in CYYZ look like on a 45k annual salary?
Hint: it won't work with a 200/month basement suite. Those don't exist anymore.
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dialdriver
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Re: Canadian housing Prices / Wages

Post by dialdriver »

digits_ wrote: Sat Jun 04, 2022 4:13 pm
GhostRider6 wrote: Sat Jun 04, 2022 3:15 pm Whine, whine, whine.. a millennial specialty.

No generation has had it better…

Astronomically high wages, unions, pensions, low hiring requirements, ( 200 hour pilots at airlines )

Inflation is a global phenomena that occurs yearly… it happens! It’s a fact of life. Inflation is happening on a global scale right now. It’s not a Canadian phenomena. Our government is in an impossible situation after having to hand hold businesses and it’s citizens through an economic roadbump.

Our generation scrimped and saved… this wouldn’t have happened in our day. Citizens would have been able to support themselves…

Every penny counts…that’s how one gets ahead scrimping and saving.

No more $5 lattes folks!

If you want that $5 latte ? Go and get a second job or two.

Want that million dollar home? Don’t buy it.. rent that $200-300 / month basement suite. Count your Cents ….

Need a new vehicle ? Buy the 1995 Oldsmobile and put a few thousand into it and viola a new car!

Stop calling in sick once a week!

That’s how you get ahead …


When the financial meltdown happens .. and it will thank and millennial and their extravagant lifestyles. ( which many have documented)

The world does not owe you a lavish lifestyle… If you want that lavish lifestyle scrimp and save .
I'm curious. What should a responsible budget for a Jazz FO based in CYYZ look like on a 45k annual salary?
Hint: it won't work with a 200/month basement suite. Those don't exist anymore.
Roommates buddy. When I was in your situation it was 18K per year.
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GhostRider6
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Re: Canadian housing Prices / Wages

Post by GhostRider6 »

Blueontop wrote: Sat Jun 04, 2022 4:00 pm
GhostRider6 wrote: Sat Jun 04, 2022 3:15 pm Whine, whine, whine.. a millennial specialty.

No generation has had it better…

Astronomically high wages, unions, pensions, low hiring requirements, ( 200 hour pilots at airlines )

Inflation is a global phenomena that occurs yearly… it happens! It’s a fact of life. Inflation is happening on a global scale right now. It’s not a Canadian phenomena. Our government is in an impossible situation after having to hand hold businesses and it’s citizens through an economic roadbump.

Our generation scrimped and saved… this wouldn’t have happened in our day. Citizens would have been able to support themselves…

Every penny counts…that’s how one gets ahead scrimping and saving.

No more $5 lattes folks!

If you want that $5 latte ? Go and get a second job or two.

Want that million dollar home? Don’t buy it.. rent that $200-300 / month basement suite. Count your Cents ….

Need a new vehicle ? Buy the 1995 Oldsmobile and put a few thousand into it and viola a new car!

Stop calling in sick once a week!

That’s how you get ahead …


When the financial meltdown happens .. and it will thank and millennial and their extravagant lifestyles. ( which many have documented)

The world does not owe you a lavish lifestyle… If you want that lavish lifestyle scrimp and save .
Ok boomer…. The only generation that had it “easier” was yours. Boomer. The single number one reason we’re here and have it so hard is the deregulation that happened across the western world in the 1980s. The time when the first wave of boomers took the reigns of power and started treating the world like their own personal piggy bank. Your generation mortgaged every generations future after that so you all could cash in for short term dividends. The numbers don’t lie in every sector prices have risen and incomes adjusted for inflation have stagnated. It’s not about $5 dollar lattes

Misinformation, disinformation and poppycock.

Funny, you sure want your $5 lattes. Is it actually worth it?

You haven’t answered a single one of my points.

Fact: Regionals are hiring with 200 hours.
Fact: said pilot can be a captain at a regional with 1500 hours.

Fact: Inflation is a global phenomenon occurring everywhere.

Fact: the government dolled out huge amounts of $$ during the pandemic due to people not scrimping and saving for a rainy day.

Should I continue ?
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GhostRider6
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Re: Canadian housing Prices / Wages

Post by GhostRider6 »

digits_ wrote: Sat Jun 04, 2022 4:13 pm
GhostRider6 wrote: Sat Jun 04, 2022 3:15 pm Whine, whine, whine.. a millennial specialty.

No generation has had it better…

Astronomically high wages, unions, pensions, low hiring requirements, ( 200 hour pilots at airlines )

Inflation is a global phenomena that occurs yearly… it happens! It’s a fact of life. Inflation is happening on a global scale right now. It’s not a Canadian phenomena. Our government is in an impossible situation after having to hand hold businesses and it’s citizens through an economic roadbump.

Our generation scrimped and saved… this wouldn’t have happened in our day. Citizens would have been able to support themselves…

Every penny counts…that’s how one gets ahead scrimping and saving.

No more $5 lattes folks!

If you want that $5 latte ? Go and get a second job or two.

Want that million dollar home? Don’t buy it.. rent that $200-300 / month basement suite. Count your Cents ….

Need a new vehicle ? Buy the 1995 Oldsmobile and put a few thousand into it and viola a new car!

Stop calling in sick once a week!

That’s how you get ahead …


When the financial meltdown happens .. and it will thank and millennial and their extravagant lifestyles. ( which many have documented)

The world does not owe you a lavish lifestyle… If you want that lavish lifestyle scrimp and save .
I'm curious. What should a responsible budget for a Jazz FO based in CYYZ look like on a 45k annual salary?
Hint: it won't work with a 200/month basement suite. Those don't exist anymore.

If a 200 hour FO can’t live on close to 50,000 starting … said FO shouldn’t be operating an aircraft.
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GhostRider6
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Re: Canadian housing Prices / Wages

Post by GhostRider6 »

‘Bob’ wrote: Sat Jun 04, 2022 4:03 pm Ah yes. The old “pull yourself up by your bootstraps” trick.

So let’s say avocado toast and a latte is $20. $20 a day… every day…. from the day you turned 19.. and you now have a 20% downpayment on a house at age 60.

One that the previous owner bought as a high school dropout on a single income.

“No generation had it better….”

Exactly.

It all adds up.

This does not include the new vehicle, new clothing ,extravagant date diners for $100,

Get your clothing from value village, buy a $500 car and fix it up, or better yet.. don’t drive at all, don’t eat out, no more coffee, don’t buy that pack of steak or fresh veggies.. go canned.

If you want those things … get a few jobs to pay. It’s not that hard.
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digits_
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Re: Canadian housing Prices / Wages

Post by digits_ »

GhostRider6 wrote: Sat Jun 04, 2022 5:04 pm
digits_ wrote: Sat Jun 04, 2022 4:13 pm
GhostRider6 wrote: Sat Jun 04, 2022 3:15 pm Whine, whine, whine.. a millennial specialty.

No generation has had it better…

Astronomically high wages, unions, pensions, low hiring requirements, ( 200 hour pilots at airlines )

Inflation is a global phenomena that occurs yearly… it happens! It’s a fact of life. Inflation is happening on a global scale right now. It’s not a Canadian phenomena. Our government is in an impossible situation after having to hand hold businesses and it’s citizens through an economic roadbump.

Our generation scrimped and saved… this wouldn’t have happened in our day. Citizens would have been able to support themselves…

Every penny counts…that’s how one gets ahead scrimping and saving.

No more $5 lattes folks!

If you want that $5 latte ? Go and get a second job or two.

Want that million dollar home? Don’t buy it.. rent that $200-300 / month basement suite. Count your Cents ….

Need a new vehicle ? Buy the 1995 Oldsmobile and put a few thousand into it and viola a new car!

Stop calling in sick once a week!

That’s how you get ahead …


When the financial meltdown happens .. and it will thank and millennial and their extravagant lifestyles. ( which many have documented)

The world does not owe you a lavish lifestyle… If you want that lavish lifestyle scrimp and save .
I'm curious. What should a responsible budget for a Jazz FO based in CYYZ look like on a 45k annual salary?
Hint: it won't work with a 200/month basement suite. Those don't exist anymore.

If a 200 hour FO can’t live on close to 50,000 starting … said FO shouldn’t be operating an aircraft.
I'm not asking them. I'm asking you. How would your generation scrimp and save to make 45k work when based in Toronto?
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GhostRider6
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Re: Canadian housing Prices / Wages

Post by GhostRider6 »

digits_ wrote: Sat Jun 04, 2022 5:13 pm
GhostRider6 wrote: Sat Jun 04, 2022 5:04 pm
digits_ wrote: Sat Jun 04, 2022 4:13 pm

I'm curious. What should a responsible budget for a Jazz FO based in CYYZ look like on a 45k annual salary?
Hint: it won't work with a 200/month basement suite. Those don't exist anymore.

If a 200 hour FO can’t live on close to 50,000 starting … said FO shouldn’t be operating an aircraft.
I'm not asking them. I'm asking you. How would your generation scrimp and save to make 45k work when based in Toronto?



It all adds up.

No new vehicle, no new clothing ,no extravagant date dinners $100,

Get your clothing from value village, buy a $500 car and fix it up, or better yet.. don’t drive at all, don’t eat out, no more coffee, don’t buy that pack of steak or fresh veggies.. go canned… scrimp and save!

Should be able to keep groceries per month well under $500.

Pairings: Pre-prepared meals are what $2-$5 per meal? Go to Tim’s for a special treat now and again.

Accommodations : find something around $200-300.

Days off: go and find a second job if need be if you want to live a high and mighty lifestyle/ high on the hog
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7ECA
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Re: Canadian housing Prices / Wages

Post by 7ECA »

A standard evening out at a restaurant, is now running around $100. Less than that, and you must be eating at McDonalds.

The used car market is insane, there are no $500 cars left on the market - unless you're just buying a rusted out frame and a set of biased ply tires. Not driving isn't necessarily an option, unless of course you live very near to the downtown core of a major metropolitan area.

All food has gone up significantly in costs due to inflation, even the canned and frozen crap - so nice try. A single person trying to eat a moderately healthy diet, is going to spend at minimum $100/week for groceries. Good luck finding anything prepared for as little as you suggest - even a sandwich at most grocery stores is closer to $10.

I have no fucking idea what year you think it is, but unless you are a squatter in a city park, you're going to be paying at minimum a $1000/month for a basement suite - let alone anything above ground. Hell, the going rent in the "Fraser Valley" (basically anything outside of Vancouver, that is) is pushing towards $2000/month. Average rent in Vancouver is closing in on $3000/month - according to a recent study, making it the least affordable area in Canada; but I'm sure the big smoke is so much cheaper...

You are so fucking out of touch with reality it's laughable, and yet, you keep peddling the same bullshit line that you can get ahead if you just work harder. That's not even a dream anymore, it's an outright myth. You can have a full time job, and still struggle to make ends meet, because of the insane cost of living these days. You strike me as either a completely out to lunch baby boomer, who's riding the golden wave off into the sunset; or an outright troll.
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digits_
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Re: Canadian housing Prices / Wages

Post by digits_ »

GhostRider6 wrote: Sat Jun 04, 2022 5:29 pm
digits_ wrote: Sat Jun 04, 2022 5:13 pm
GhostRider6 wrote: Sat Jun 04, 2022 5:04 pm


If a 200 hour FO can’t live on close to 50,000 starting … said FO shouldn’t be operating an aircraft.
I'm not asking them. I'm asking you. How would your generation scrimp and save to make 45k work when based in Toronto?



It all adds up.

No new vehicle, no new clothing ,no extravagant date dinners $100,

Get your clothing from value village, buy a $500 car and fix it up, or better yet.. don’t drive at all, don’t eat out, no more coffee, don’t buy that pack of steak or fresh veggies.. go canned… scrimp and save!

Should be able to keep groceries per month well under $500.

Pairings: Pre-prepared meals are what $2-$5 per meal? Go to Tim’s for a special treat now and again.

Accommodations : find something around $200-300.

Days off: go and find a second job if need be if you want to live a high and mighty lifestyle/ high on the hog
You are throwing some numbers around. Please, post a summarized monthly budget.

Also, where or what could one rent for 300 monthly?
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Greasy Greaser
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Re: Canadian housing Prices / Wages

Post by Greasy Greaser »

‘Bob’ wrote: Sat Jun 04, 2022 4:03 pm Ah yes. The old “pull yourself up by your bootstraps” trick.

So let’s say avocado toast and a latte is $20. $20 a day… every day…. from the day you turned 19.. and you now have a 20% downpayment on a house at age 60.

One that the previous owner bought as a high school dropout on a single income.

“No generation had it better….”
Bob, please don't bring logic and facts into here.
It's entertaining seeing how to buy 1 mil plus home (hell, even 500k) by those who say "pull up yer bootstraps".

Sincerely,
everyone under 60.
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rookiepilot
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Re: Canadian housing Prices / Wages

Post by rookiepilot »

I’ve paid $300. For the worst scummy rathole basement suite imaginable.

Been there. Down that.

———-

Oh yeah. That was In 1992.

Principle of advice to live cheap is sound.

The rest of it is pure garbage.

Housing zoning laws need to change. Increased density, which you old farts hate and fight at every turn.

That means crashing every old boomers house value by half. Maybe expropriation of your property, kick you out and build a eightplex. Housing is a national crisis

Lets cut off voting at 75, too. Claw back all OAS and CPP if you have a house (or anything else) over 1 million.

You’ve had your share of ripping off our children. You’re done. No more say.
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Squaretail
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Re: Canadian housing Prices / Wages

Post by Squaretail »

Not sure about you guys, but I’m wondering why a real estate agent as their first of only two posts here decided to resurrect a thread from 2019.
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I'm not sure what's more depressing: That everyone has a price, or how low the price always is.
vanislepilot
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Re: Canadian housing Prices / Wages

Post by vanislepilot »

GhostRider6 wrote: Sat Jun 04, 2022 5:10 pm
‘Bob’ wrote: Sat Jun 04, 2022 4:03 pm Ah yes. The old “pull yourself up by your bootstraps” trick.

So let’s say avocado toast and a latte is $20. $20 a day… every day…. from the day you turned 19.. and you now have a 20% downpayment on a house at age 60.

One that the previous owner bought as a high school dropout on a single income.

“No generation had it better….”

Exactly.

It all adds up.

This does not include the new vehicle, new clothing ,extravagant date diners for $100,

Get your clothing from value village, buy a $500 car and fix it up, or better yet.. don’t drive at all, don’t eat out, no more coffee, don’t buy that pack of steak or fresh veggies.. go canned.

If you want those things … get a few jobs to pay. It’s not that hard.
Yourre right, it's not hard at all. All we do is whine. Sorry I offended you grandpa!

Guys cmon, with everything going on out of control, this guy has a point. We have RNAV approaches!!! Like seriously, life is so easy! With all the that extra brain power I'm not using to calculate the bearing to an NDB, I can probably do a few side hustles in cruise. Maybe sell real estate to his buddies via starlink? We have no excuses!

Thank you for your advice!
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Bug_Stomper_01
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Re: Canadian housing Prices / Wages

Post by Bug_Stomper_01 »

LegoMan wrote: Fri Jul 19, 2019 11:48 am I left the industry 10 years ago and maybe thats the only reason I can afford my own home today. We'll see how it goes when I get back in. But yea, it's not just aviation, wages are stagnant almost everywhere.
Yea you’re right, multiple factors, look at the wages being offered to mechanical and electrical engineers. All that education and the pay sucks in Canada now. This country is in more despair than just in aviation, having said that aviation has sucked here for over ten years now and it’s not getting any better any time soon. I wouldn’t get back in it if I were you…
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Bug_Stomper_01
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Re: Canadian housing Prices / Wages

Post by Bug_Stomper_01 »

7ECA wrote: Sat Jul 20, 2019 12:51 pm Just the other day, a study of sorts was released. According to the data, if one is to live in Vancouver and works at a minimum wage job they need to work a minimum of 100 hours a week to make rent. That's just making rent, not saving, not getting ahead, not home ownership - just RENT.

Nothing ass-backwards about it. Pull y'er self up by the bootstraps, right there Rookie?
I agree with you, this is not the market boomers had.
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Blueontop
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Re: Canadian housing Prices / Wages

Post by Blueontop »

GhostRider6 wrote: Sat Jun 04, 2022 5:01 pm
Blueontop wrote: Sat Jun 04, 2022 4:00 pm
GhostRider6 wrote: Sat Jun 04, 2022 3:15 pm Whine, whine, whine.. a millennial specialty.

No generation has had it better…

Astronomically high wages, unions, pensions, low hiring requirements, ( 200 hour pilots at airlines )

Inflation is a global phenomena that occurs yearly… it happens! It’s a fact of life. Inflation is happening on a global scale right now. It’s not a Canadian phenomena. Our government is in an impossible situation after having to hand hold businesses and it’s citizens through an economic roadbump.

Our generation scrimped and saved… this wouldn’t have happened in our day. Citizens would have been able to support themselves…

Every penny counts…that’s how one gets ahead scrimping and saving.

No more $5 lattes folks!

If you want that $5 latte ? Go and get a second job or two.

Want that million dollar home? Don’t buy it.. rent that $200-300 / month basement suite. Count your Cents ….

Need a new vehicle ? Buy the 1995 Oldsmobile and put a few thousand into it and viola a new car!

Stop calling in sick once a week!

That’s how you get ahead …


When the financial meltdown happens .. and it will thank and millennial and their extravagant lifestyles. ( which many have documented)

The world does not owe you a lavish lifestyle… If you want that lavish lifestyle scrimp and save .
Ok boomer…. The only generation that had it “easier” was yours. Boomer. The single number one reason we’re here and have it so hard is the deregulation that happened across the western world in the 1980s. The time when the first wave of boomers took the reigns of power and started treating the world like their own personal piggy bank. Your generation mortgaged every generations future after that so you all could cash in for short term dividends. The numbers don’t lie in every sector prices have risen and incomes adjusted for inflation have stagnated. It’s not about $5 dollar lattes

Misinformation, disinformation and poppycock.

Funny, you sure want your $5 lattes. Is it actually worth it?

You haven’t answered a single one of my points.

Fact: Regionals are hiring with 200 hours.
Fact: said pilot can be a captain at a regional with 1500 hours.

Fact: Inflation is a global phenomenon occurring everywhere.

Fact: the government dolled out huge amounts of $$ during the pandemic due to people not scrimping and saving for a rainy day.

Should I continue ?

Fact: I don’t drink $5 lattes
Fact: I make over 6 figures
Fact: I own property
Fact: regionals aren’t hiring 200 hours (perhaps advertising not hiring)
Fact:incomes adjusted for inflation HAVE been stagnant since the 1980s
Fact: I watch and read many sources of information that all support this fact (MSM, journalistic media such a frontline, 60 mins, government sources, etc)
Fact: yes you can do all the things you suggest but try bringing a wife and kids along for the ride
Fact: the boomer generation could do all these things but generally didn’t have to

How about instead sticking your head in the sand and acting sanctimonious, you realize that that most millennials are pretty much 40 now and still struggling to make to where the boomers were in their late 20s

I have done quite alright for myself but I do know the system is not the same it was for your privileged generation. Only wish you could see the same as what is obvious to most everyone else
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WellThatAgedWell
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Re: Canadian housing Prices / Wages

Post by WellThatAgedWell »

Boomers were the biggest beneficiaries of Covid.

We just need another plandemic, and lockdown so the millennials can get 4 2000k cheques while laid off, and the boomers can have their million dollar homes double in price again.

These leftist policies burned the young :lol:, any wonder why you saw a flip where younger people are moving conservative and older moved left. The great discovery of how left policy, the great empathy and equalizer is a hoax. The millennials got destroyed the past couple years.
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Re: Canadian housing Prices / Wages

Post by Bug_Stomper_01 »

Blueontop wrote: Sun Jun 05, 2022 6:02 am
GhostRider6 wrote: Sat Jun 04, 2022 5:01 pm
Blueontop wrote: Sat Jun 04, 2022 4:00 pm

Ok boomer…. The only generation that had it “easier” was yours. Boomer. The single number one reason we’re here and have it so hard is the deregulation that happened across the western world in the 1980s. The time when the first wave of boomers took the reigns of power and started treating the world like their own personal piggy bank. Your generation mortgaged every generations future after that so you all could cash in for short term dividends. The numbers don’t lie in every sector prices have risen and incomes adjusted for inflation have stagnated. It’s not about $5 dollar lattes

Misinformation, disinformation and poppycock.

Funny, you sure want your $5 lattes. Is it actually worth it?

You haven’t answered a single one of my points.

Fact: Regionals are hiring with 200 hours.
Fact: said pilot can be a captain at a regional with 1500 hours.

Fact: Inflation is a global phenomenon occurring everywhere.

Fact: the government dolled out huge amounts of $$ during the pandemic due to people not scrimping and saving for a rainy day.

Should I continue ?

Fact: I don’t drink $5 lattes
Fact: I make over 6 figures
Fact: I own property
Fact: regionals aren’t hiring 200 hours (perhaps advertising not hiring)
Fact:incomes adjusted for inflation HAVE been stagnant since the 1980s
Fact: I watch and read many sources of information that all support this fact (MSM, journalistic media such a frontline, 60 mins, government sources, etc)
Fact: yes you can do all the things you suggest but try bringing a wife and kids along for the ride
Fact: the boomer generation could do all these things but generally didn’t have to

How about instead sticking your head in the sand and acting sanctimonious, you realize that that most millennials are pretty much 40 now and still struggling to make to where the boomers were in their late 20s

I have done quite alright for myself but I do know the system is not the same it was for your privileged generation. Only wish you could see the same as what is obvious to most everyone else
Globalization and free trade in the late 80s was the beginning of the end. Boomers absolutely profited from it and in 2008 the maxed debt these fools were selling eachother since the 80s finally hit the wall. The economy never recovered and it’s been a crap shoot for following generations still working ever since.
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