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by fuzzfactor 173 days ago
You really do put it in perspective when you look at it closer like that.

It never was fair.

Tens of millions of boomers, if they could even get paying work during rampant inflation & recession, still had to work minimum-wage jobs for many years at rates like $2 per hour. With constant overtime or they wouldn't be able to make ends meet or have any kind of home equity now. Many for more than a decade before anything resembling recovery was on the horizon.

Most are still not homeowners and those that are, very few have it paid off completely even if they have been there more than 30 years.

The cool thing is that millions of others were in better positions, avoided the massive layoffs, and actually weren't dragged down as far by the predatory financial policies of the time. And there are whole neighborhoods of them today where it's still a free enough country where you often get to witness their eventual stately homes and selection bias where this kind of good fortune finally arrived after all this time.

In case not everyone remembers, the "great recession" of the 21st century was a nothingburger by comparison.