• Dozzi92@lemmy.world
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    11 months ago

    I was born during an absolute boom int he economy. Late '80s and '90s were awesome. '90s were fantastic, just fucking pumping.

    I’m working my balls off and putting money into an IRA that I watch essentially disappear every day. I have 529s for my kids that are in the negative returns. I have plans to put an addition on my home that I’ll never do, because a 180 square foot addition shouldn’t cost 75% of what I paid for the house in 2014. And the crazy thing is I’m a lucky one. It is just sad, and I’m not sure there is an end in sight without some sort of massive reset.

    • David_Eight@lemmy.world
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      11 months ago

      Oh La La look at Mister Fancy pants over here owning a house. I bet you eat and shower everyday in you ivory tower too like your the fucking king of France or something huh.

    • CharlesDarwin@lemmy.world
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      11 months ago

      Didn’t the stock market have a massive crash in 87 (the worst in history) and then the recession in early 90s was brutal for a loooot of people. I suppose it depends on what market you were in.

    • yeehaw@lemmy.ca
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      11 months ago

      Did an addition on my place a few years ago, about 550sqft. Chaching. Luckily I got a break on my mortgage by having another family member heavily invest so I can afford to do so. I don’t know how anyone can do it on their own these days. Shits expensive.