[mattdeboard]

Sure, tuition was cheaper. Doesn't mean it was cheap. And when future you is talking to a 20-year-old, they'll be lambasting you about how easy your life was when a 4-year degree from a public instituion only cost you $80,000.

If you're truly ignorant of the subprime mortgage crisis a few years back, you can check out The Big Short (book or movie, but I'm told the book is much better) for good insight into history and mechanics.

Point is that the economy has changed a LOT in the last 15 years, and lots and lots of people suffered. Generation X is not the Baby Boom generation. I think you sound a bit foolish/ignorant appropriating the "Baby Boomers ruined the economy!" rhetoric and applying it to the generation-and-a-half that followed them.

[sjdchid]

I'm aware that home prices dropped in 2008. I'm also aware that they settled at a level significantly above the prices of 2000. Check any of the home price indices if you don't believe me.

[mattdeboard]

Yes, home prices tend to increase on average. Not sure what your point is. Are you implying that when you are ready to buy a house they will start depreciating?

[sjdchid]

Unfortunately for people my age, home prices have been growing faster than incomes recently.

[mattdeboard]

Home price growth is independent of age and is heavily dependent on location.

You are trying way too hard to make yourself sound like a victim.

[sjdchid]

I don't generally think of myself as a victim. It seems that my income puts me in the top 1% for my age (just about any 6 figure salary will do that). It's all my classmates and friends I'm worried about.