Quote Originally Posted by nynco View Post
SO WHAT... this still does not address the point I made. The average cost of a house today is significantly MORE today when compared to the average wages earned. Thats a fact jack. You accuse me of nonsequinter and then charge right into your own head on. Project much? Even then all those things you cite are next to meaningless. I could outfit my whole house with TVs for 1/10th the cost in relation to wages of the one TV you grew up on. Thats because technology drops in price. Heck drive around cap hill for a few hours and I could do it for free. The cost of those building supplies back then was just as much. They were just old tech compared to the stuff now.

You old guys are just out of touch and blame everyone for not having to walk uphill both ways to school. I got news for you -todays generation is worse off because of you selfish people before them. The me generation that wanted everything now, well they elected people who gave you tax breaks and put the bill on a credit card.
Utter nonsense. First of all, his comment directly addressed your point. You just don't understand it. You compare the cost of housing but don't realize that your comparison fails because you are not comparing equivalents. When its pointed out to you, you don't even pay attention.

Second, today's generation is not worse off in terms of living standards. Today's generation expects to enjoy things that previous generations could not afford to have if they even existed. When I was growing up, no one had cell phones. Only the elite had mobile phones, which were fixed installations in cars. If you wanted to call someone while away from home or office, you used pay phones. Today's generation probably never even uses pay phones if they could even find them.

The point about housing was specifically that you compare the amount of income spent on housing but you fail to compare how that housing is larger, has more amenities, and often has smaller households in it. Young people today think that they are entitled to separate housing at earlier ages. The distribution of home ownership expanded greatly during the housing bubble. There are equivalents at all levels. Personal music players to cars that last longer and need less service to theater quality home video.

But this all goes over your head.