Posted on 04/21/2023 5:48:42 AM PDT by Kaiser8408a
It looks like you’re right about cars and wrong on college.
https://educationdata.org/average-cost-of-college-by-year
https://blog.cheapism.com/average-car-price-by-year/
I remember Mike and his wife looking to buy the house to the east of me here in Sarasota County, Florida about 8 years ago.
The asking price was $199,000. Mike spent maybe $40,000 on improvements and it was sold about two years later to my current neighbors for about $270,000. They were the first to look at it.
Federal student loans have enabled the cost burden of college to be shifted to higher-income parents and their offspring so “underprivileged” kids can get a nearly free ride.
It’s called “social justice”.
The Republican House of Representatives could investigate this.
From “Code de la Nature, ou le véritable Esprit de ses Loix” (1755) by comrade Étienne-Gabriel Morelly:
“I. Nothing in society will belong to anyone, either as a personal possession or as capital goods, except the things for which the person has immediate use, for either his needs, his pleasures, or his daily work.
II. Every citizen will be a public man, sustained by, supported by, and occupied at the public expense.”
https://www.marxists.org/subject/utopian/morelly/code-nature.htm
“Consolidated pre-tax income of $1.3 billion, with a pre-tax profit margin of 17.5%
Consolidated revenues increased 3% to $7.3 billion
Home sales revenues increased 1% to $6.7 billion on 17,340 homes closed”
https://www.yahoo.com/now/d-r-horton-inc-america-113000173.html
Glad my daughter and son in law bought into their home when they did
You are delusional
Unis & coleges are outrageously expensive b/c of liberal pie-in-the-sky tnedencies and fedgov tuition policies. Cars and homes were not cheap, “back then,” for the average workaday person. A considerable down payment had to be saved and lending policies were appopriately sensible.
The recent price for cars and homes looks “cheap” vs yesterday’s prices due to free money & inflation.
After high school I rented an older 3-bedroom house in Albany, OR for $70 per month. At the time I was earning $3.35 an hour, so rent only consumed about 18% of my monthly income.
That was in 1971 and I felt like I was living the American Dream!
You’re correct. Not all boomers want free shit. But too many do. They may not want student loan payoffs. It may be some other item(s).
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