What's it matter anyway. Gen Y is here to save us! Oh, right, they're the apathetic generation who doesn't give a shit about working... they just want to use facebook and read FML.
On Wed, Apr 6, 2011 at 8:27 PM, Casey Dougall < [email protected]> wrote: > > On Wed, Apr 6, 2011 at 8:17 PM, Robert Munn <[email protected]> wrote: > > > > > The boomers are to blame, Sam, you can't escape your generation's > > fecklessness. Don't look at me, I wanted to reform Social Security > > twenty years ago. I'm an X-er and I bought my first house in 1996 for > > $175K. I sold it two years later for $265K. I bought my second house > > for $300K, sold it for $500K two years later. You know who made those > > gains literally materialize out of thin air for me? Bill Clinton > > (Boomer), who changed the tax laws to promote home buying. And it > > worked great - until it didn't work any longer. People ended up > > putting 0% down because they were already getting sucked dry by the > > Boomers and they didn't have money to put down. So Boomers made a > > special dispensation for them - 100% financing! Guaranteed to provide > > some payment for awhile and then a nice house after the poor owner > > figures out he got in over his head. Only when everyone default, the > > entire system turns to shit - which is where your generation finds > > itself today. > > > > > > Plus it's not cool to live in a previously owned home anymore so they > continue to build when it's not needed. > > Who's to blame there? Not us... Think X-er's care if the house has been > lived in before? > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:336032 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
