There is value, but it is almost all in preserving tradition, not passing down fiat.
but it is almost all in preserving tradition, not passing down fiat.
People have to eat and have a place to sleep...just saying there's valute in passing down tradition doesn't solve that basic problem.
With housing being unaffordable, everyone is renting and, guess what...now apartments are skyrocketing...
The reason everyone hates boomer advice, even from "good boomers", is that it seems to ignore basic reality. One, as a society we're not even passing down tradition, and...two, ignoring that, even if you are, you're passing it down to a couple younger families spitting a shitty rental house if they're lucky.
It's like when I tell older folks there's hardly decent jobs out there and they tell me I should really be looking to start my own business...uh...ok? What bank do you want me to rob to be able to do that? Most people aren't trust fund kids unless I'm hugely mistaken.
Yup forth turning shows they have value in lasting longer than 4 generations to pass information down.
How much television watching does it take to fantasize that the boomer generation received gifts of homes, $$$, etc. from their parents?
Most boomers have elderly parents still living that we are assisting - that's where our discretionary money is going. Additionally, boomers' grandparents scraped lives together out of a depression and war years - if there were scraps left over (almost never) they were whittled down into tiny pieces distributed among multiple children/grandchildren. Then, as now, many mortgaged and over-extended themselves an overly optimistic lifestyle so their children could live the "good life". Maybe some "1 percenter" families passed something on, but throughout history most generations received nothing from previous generations other than life, training and direction.
I doubt if any of these complainers would ever care for an elderly parent without full payment for doing so.
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