Boomer Hate Thread

[Exegesis]

The rising housing costs are mostly due to inflation and then due to restricted supply. It's not some lofty thought that they are an investment. They are a way to preserve value because land is finite. It's that loaning money needs to be more expensive and inflation to get lower.

You can't use inflation as an excuse when housing price increases far exceed it.
$100,000 dollars in January of 2000 is $195,623.82 today. A home in Q1 of 2000 the average home sold then was worth $202,000; in Q4 of 2025 that number is now at $534,000. Now if you aren't fond of statistical averages then I'll show you the median which is $165,300 and $405,300 respectively.
You should notice by now that the rate of inflation of the past 26 years is about 95.6% whereas housing prices have increased by both metrics by well over 110%. I may not be the best at math but even I can tell that this doesn't match up with inflation and therefore you can't use it as an excuse. The fact is, people view the homes that they own as investments. This is why you see more people than ever participating in house flipping. Combine this with the fact that construction costs have gone up massively despite the process for home construction being streamlined with the mass production and later assembly of quick pre-fab shit and you'll see the real reasons why housing prices are so horrifically high.

 

[Audit]

If we're all going to debate housing affordability, the best universally applicable metric is relationship between the cost of a median house vs. the median family income for an area.

I'll go ahead and quote a relevant article.

The NAHB/Wells Fargo Cost of Housing Index (CHI) is a quarterly analysis of housing costs in the United States and in specific metropolitan areas. The CHI represents the portion of a typical family’s income needed to make a mortgage payment on a median-priced home.

For example, a CHI reading of 34% means a typical family in the U.S. would need to allocate 34% of its pre-tax income to cover the mortgage payment for a median-priced home.

Three levels of data are examined within the CHI:

• National-level CHI is tracked for both new and existing homes.
• Metro-level CHI is tracked for existing homes in 175 metropolitan areas.
• Low-income CHI is calculated to examine the cost of housing for people earning 50% of the area’s median income.

CHI Key Findings in Q4 2025​

CHI results for the fourth quarter of 2025 are based on a national median income of $104,200 and a median new home price of $405,300 (compared to $414,900 for a median-priced existing home). In Q4 2025:

• 34% of a typical family’s income was needed to make a mortgage payment on a median-priced new single-family home (and 34% for a median-priced existing home).
• 67% of a low-income family’s earnings would be needed to pay for a median-priced new single-family home (and 69% for a median-priced existing home).

The Q4 index also shows that:

• In eight out of 175 markets in the fourth quarter, the typical family is severely cost-burdened (must pay more than 50% of their income on a median-priced existing home).
• In 69 other markets, such families are cost-burdened (need to pay between 31% and 50%).
• There are 98 markets where the CHI is 30% of earnings or lower.

Most Cost-Burdened Markets in Q4 2025​

• San Jose-Sunnyvale-Santa Clara, Calif. (80% of a typical family’s income is needed to make a mortgage payment on an existing home)
• Urban Honolulu, Hawaii (69%)
• San Francisco-Oakland-Fremont, Calif. (63%)
• San Diego-Chula Vista-Carlsbad, Calif. (62%)
• Barnstable Town, Mass. (56%)
• Miami-Fort Lauderdale-West Palm Beach, Fla. (56%)
• Naples-Marco Island, Fla. (56%)

Least Cost-Burdened Markets in Q4 2025​

• Decatur, Ill. (16% of a typical family’s income is needed to make a mortgage payment on an existing home)
• Elmira, N.Y. (16%)
• Springfield, Ill. (17%)
• Peoria, Ill. (17%)
• Davenport-Moline-Rock Island, Iowa-Ill. (18%)

Download the full Q4 2025 findings.

Download historical CHI data.

Methodology of the CHI​

The CHI is calculated as the ratio of mortgage payment over median family income. The mortgage payment (numerator) is calculated by taking the median home price (assuming a 10% down payment) and adding taxes, home owner’s insurance and private mortgage insurance (PMI).

Median family income (the denominator) is derived from data provided by the Department of Housing and Urban Development (HUD).

Low-Income CHI follows the same methodology, but the denominator is 50% of the area’s median income.

Cost of Housing Index (CHI) vs. Housing Opportunity Index (HOI)​

The primary advantage of the new CHI compared to its predecessor, the now-retired HOI, is ease of interpretation. The CHI is a useful tool — especially for state and local home builders associations — to more easily convey to local authorities the burden that housing costs represent for middle-income and low-income families in their markets.

​

source

 

[Attempt Turd]

You can't use inflation as an excuse when housing price increases far exceed it.
$100,000 dollars in January of 2000 is $195,623.82 today. A home in Q1 of 2000 the average home sold then was worth $202,000; in Q4 of 2025 that number is now at $534,000. Now if you aren't fond of statistical averages then I'll show you the median which is $165,300 and $405,300 respectively.
You should notice by now that the rate of inflation of the past 26 years is about 95.6% whereas housing prices have increased by both metrics by well over 110%. I may not be the best at math but even I can tell that this doesn't match up with inflation and therefore you can't use it as an excuse. The fact is, people view the homes that they own as investments. This is why you see more people than ever participating in house flipping. Combine this with the fact that construction costs have gone up massively despite the process for home construction being streamlined with the mass production and later assembly of quick pre-fab shit and you'll see the real reasons why housing prices are so horrifically high.

The official inflation number (CPI) is a lie. Look at the goddamn graph in my last post gold used to be the basis of the dollar and all or most currencies until the 70s.

I'm not trying to defend the CPI. I'm saying that if you convert housing prizes to basic physical goods like number of cars, silver, gold, oil steel or palladium the housing prizes are fairly constant. It's only when you value them in dollars they go into orbit.

If we're all going to debate housing affordability, the best universally applicable metric is relationship between the cost of a median house vs. the median family income for an area.

I agree. I'm not saying houses are more or less affordable I'm saying that the reason for their unaffordability is the inflation of the money supply. It's not a cultural issue where we need to make people understand that it should be a depreciating or constant value asset. It's a monetary mostly issue and then a restriction of supply. No new land allotments, zoning, regulations and so on.

 

[behavioral swamp thang]

I was reading the wiki on Sojourner Truth (great read.) What struck me was she purchased her home in Florence, Mass for $300 in in 1850. Adjusted for inflation that would be $12,700. The current average listing for homes in that area is $547,000. In 1850 the average income in the US was between $150 and $375 per year. Even if you factor in that her house didn't have electricity, HVAC, or plumbing, it's staggering how much housing costs compared to the past. Like it really is a flat out impossibility for almost everyone at this point.

 

[Exegesis]

Look at the goddamn graph in my last post gold used to be the basis of the dollar and all or most currencies until the 70s.

I think you're ignoring the fact that precious metals such as gold had their values kept artificially low which will mess with the numbers since they're now going back up to where they should've been, relative to the dollar.

 

[Audit]

I was reading the wiki on Sojourner Truth (great read.) What struck me was she purchased her home in Florence, Mass for $300 in in 1850. Adjusted for inflation that would be $12,700. The current average listing for homes in that area is $547,000. In 1850 the average income in the US was between $150 and $375 per year. Even if you factor in that her house didn't have electricity, HVAC, or plumbing, it's staggering how much housing costs compared to the past. Like it really is a flat out impossibility for almost everyone at this point.

View attachment 8847128

Using your numbers, the cost of the house back in 1850 tracks with expectations set by average household income. At 2x the household income, assuming the wife doesn't work, this isn't too far off of 1950's housing costs or even 1990's housing costs, if you assume after 1970 that household income includes a wife's contributions. Housing costs are best modeled with respect to the earning capacity of the local population. If household income doubles, then housing prices will double because people can compete harder for the best real estate now.

 

[Berrakh]

property tax is nasty as fuck because it basically means the state is gradually confiscating/expropriating your home over time

Oh it sounds unfair? Well that puts a whole new spin on it. Especially in the Boomer hate thread.

Tax policy shouldn't be based on the political expediency of Florida governors. Or other slaves to retirees.

This is just what passes as Don’t Tread On Me for Medicare-Americans

I don't think you understand that by relying upon property taxes less, you would compensate for the loss in other areas. Removing or reducing property taxes is retarded if you don't do that.

I think you don’t get that I’m saying “that’s easy to say. We could also not do that and lose nothing.”

 

[Attempt Turd]

I think you're ignoring the fact that precious metals such as gold had their values kept artificially low which will mess with the numbers since they're now going back up to where they should've been, relative to the dollar.

So housing is cheap in gold before the latest spike?

We earn gold in dollars. Any manipulation is irrelevant to my point. Does it take 20 times or 200x as much steel to buy a house today as it did in 1920?

I'm done with this spergery.

Let's just hate boomers.

 

[No-Eyed Square Guy]

You can't use inflation as an excuse when housing price increases far exceed it.

A possibility:

Only the things that people say show "cost disease"—meaning a kind of super-inflation, basically, especially evident in housing and education and medicine—actually track inflation.

(I think they still underestimate it, but.)

 

[Exegesis]

So housing is cheap in gold before the latest spike?

Yes.

I think you don’t get that I’m saying “that’s easy to say. We could also not do that and lose nothing.”

I mean fair but it wouldn't hurt to see if the government can rely upon other taxes. Regardless, people should be more willing to pay high taxes though; you can't get good social programs, healthcare, security, and infrastructure with no or incredibly low taxes.

 

[Audit]

Only the things that people say show "cost disease"—meaning a kind of super-inflation, basically, especially evident in housing and education and medicine—actually track inflation.

Labor-heavy industries that can't outsource the labor to cheaper sources are probably the most honest assessment of cost of living changes, yes. You could also look at the cost of staples in food services too (e.g. cup of coffee at a generic coffee shop, large pizza at a standard pizza restaurant, or olive garden microwaved pasta).

you can't get good social programs, healthcare, security, and infrastructure with no or incredibly low taxes.

Your proposition is acceptable and I am willing to trade away all public old age pensions and healthcare along with welfare services for demographics I dislike in exchange for greatly reduced taxes.

 

[MarvinTheParanoidAndroid]

Until homes start being treated in the same way as cars, the price will never go down or match with inflation.

Housing prices are matched with inflation, as the dollar loses purchasing power it takes more of it to buy the same thing. Housing values haven't been going up, the purchasing power of the currency they're priced with is going down. This is why homes built in the 1950s are approaching values in the millions. A wheelbarrow of money to buy a loaf of bread.

I said it in USPG2, but I can’t help but laugh in that bitter “I give up” sort of way when I see boomers whinging about elder abuse. Spoiler alert: Gen X, Millennials, and Z’s grandparents were the silent and greatest generations… and guess who fucking put our collective grandparents in the nursing homes to be neglected and abused by niggers on payroll? That’s right: it’s the boomers.

To be fair, those are the generations who believed in corporal punishment. If you beat your kids then you deserve to be beaten by feral niggers.

 

[RegularTyping]

Steve Jobs, when he was 13, called HP, reached the CEO and asked for parts for an electronics project.

The CEO was so impressed, he offered him a summer job, just like that, no firm handshake required.

 

[Exegesis]

This is why homes built in the 1950s are approaching values in the millions. A wheelbarrow of money to buy a loaf of bread.

Then the issue is that wages for most haven't gone up enough to fully compensate. Please do not confuse what I'm saying with those retarded arguments made by leftists about "Muh $7.25 federal minimum wage" that nobody gets paid because no sane employer is going below the $12 mark nowadays.

 

[Sneedifarms]

you can't get good social programs, healthcare, security

Good fucking riddance. Death to social security.

 

[MarvinTheParanoidAndroid]

Then the issue is that wages for most haven't gone up enough to fully compensate.

The real problem is the national debt, if it were lowered the economy would become less retarded and impossible to succeed within in quick fashion.

 

[Atticus Carpenter]

Good fucking riddance. Death to social security.

Funny thing is that originally Social Security was concieved as a way to prevent those who fall through the cracks in society from falling into extremist ideologies by virtue of being provided a minimum cushion of security.

I'd say at this point we have seen enough to conclude it failed miserably.

If you beat your kids then you deserve to be beaten by feral niggers.

I'm overexposed to kids and their retarded behaviour on a daily basis. Overall you can bear with them but there are a few that truly deserve a good smacking

 

[Exegesis]

Good fucking riddance. Death to social security.

Funny thing is that originally Social Security was concieved as a way to prevent those who fall through the cracks in society from falling into extremist ideologies by virtue of being provided a minimum cushion of security.

I'd say at this point we have seen enough to conclude it failed miserably.

The issue is that it is incredibly easy for social programs to become oversized and the moment anybody suggests the idea of austerity measures, they instantly get shot down and shat on because lord forbid you consider raising taxes and cutting spending. The average person is far stupider than you think so they'll just assume that these spending cuts are totally not needed and then ask for the programs to be expanded but then demand lower taxes too.
Politicians and economists refusing to make the median voter confront this reality for fucking decades is why we're in such a bad debt crisis.

 

[Atticus Carpenter]

The average person is far stupider than you think so they'll just assume that these spending cuts are totally not needed and then ask for the programs to be expanded but then demand lower taxes too.
Politicians and economists refusing to make the median voter confront this reality for fucking decades is why we're in such a bad debt crisis.

Reminder that the strongest argument against democracy is the behaviour and opinions of the average voter.

This is exactly true. A lot of people throw their hands in the air and become outraged saying that suddenly people that need wheelchairs might not get it funded on government gibs or that EBT spending will get a cut of 5 million like it's the end of the world, the program will be dismantled never to be seen again and that healthcare and roads will disappear (this is extremely common in Europe).

In reality a lot of social programs have become insanely bloated or outlived their usefulness but they don't disappear because that might inconvenience some voters or because the usual suspects are using them to skim money out of them, as it's usual.

 

[Sneedifarms]

The average person is far stupider than you think so they'll just assume that these spending cuts are totally not needed and then ask for the programs to be expanded but then demand lower taxes too.

I demand these programs be stomped into the dirt, along with FDR’s rotten corpse.