“Notice that, while lots of people are happy to tell you about Golden Ages, nobody ever seems to think one is happening right now. Maybe that’s because the only place a Golden Age can ever happen is in our memory.” – Adam Mastroianni
One of my favorite housing memes is “Boomers selling their homes for $2 million after buying them in 1969 for 7 raspberries.” It is a funny meme, but suffers from looking back at a Golden Age that never existed. There is a lot of generational discord between Boomers and Gen Z around home prices. We should look at the data to see whether the Boomers received an unfair bargain with housing prices.
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