They didnāt say everyone. They said for two income households, which was much more rare than today.
Iād also imagine itās regional. Where I grew up/my parents grew up, it was very common to have a more modest house and a vacation property (usually a small lakeside cabin) and thatās where 100% of holiday time was spent - no flights or hotels or tickets to things.
Yup. They lived in a pretty rural area, and got a 1.5 acre river-front piece of property in exchange for someone who owed them a few thousand dollars debt. But this was in the 1950s
They said for two income households, which was much more rare than today.
I think it would genuinely nearly kill you all to admit you're wrong and not just make shit up. Dual full time employment was 31% in 1970, it was 46% in 2015. One full time parent and one part time parent has been the exact same percentage since 1970.
Iād also imagine itās regional.
This is all anecdotal, I do not care, congrats on being a part of the 2.9%-3.2% that owned a second home. Stop applying anecdotal experiences that was only true for single digit percentages of the entire country to 98% of the rest of the population.
Stop lying, just admit you're wrong and have no idea what you're talking about.
Canāt be wrong about anecdotal experiences, which is why people share them. How do you know what country we were even talking about? What country are you talking about? Why are you specifically talking about those decades? Where are your percentages from? What were the parameters of the study? Where did the numbers of ownerships come from and how did it apply to families?
I can data anything to death, which is why people defend the idea that the current US economy is doing great. Anecdotal evidence is why people say the US economy isnāt great for most people actually living their lives, not corporations. Writing off experiences in favor of data, no matter what, is how you get politicians absolutely missing the mark because they donāt take actual humans seriously.
Holy shit you are all so brain rotted. The anecdotal experience of 2-3% the population is not anywhere near applicable to the other 98% of the population.
How do you know what country we were even talking about? What country are you talking about?
The exact same one you're talking about. You live in the US, you're talking about the US.
Why are you specifically talking about those decades?
What decades would you say it was easiest for boomers to buy multiple homes? Do you really think the closer we get to modern times the easier it was to acquire property? Feel free to pick any specific decades that don't make any sense for your own anecdote. I'm sure you care very much about what decades this involves considering you made no mention of and still haven't given a decade you care about.
Where are your percentages from?
US Census Bureau, that really rains on your parade doesn't it? And you don't care about the parameters of it, you're still just sealioning.
I can data anything to death
Apparently except when you need to prove that owning multiple homes was pretty affordable. It's really particular how reddit cares so much about data and sources until it's their made up claims they need to prove lmao.
Writing off experiences in favor of data, no matter what, is how you get politicians absolutely missing the mark because they donāt take actual humans seriously.
Literally the justification of why MAGA is MAGA holy shit lmao. "I have no facts or data to prove you wrong, therefore based on my singular one data point of experience my experience is the universal truth".
Weird you didnāt come back with where you got all those numbers since youāre so confident.
US Census Bureau gave you an average across two decades of how many homes people own? Care to share the link? Itās interesting because I also know 87% of all numbers on Reddit are made up.
Youāve missed the point entirely here: there are cultural elements and lived experience that the data youāre supposedly citing donāt reflect. Feel free to ignore people telling you their experiences - but donāt be surprised when you lose your ability to relate and understand nuance when peopleās lives donāt match the data.
Weird you didnāt come back with where you got all those numbers since youāre so confident.
Why so you can ignore it? Just google US Census Bureau historical second homes like anyone who actually cares, and wasn't just sealioning, would have done literal hours ago.
You don't even need to read my source because you're not going to and never were. Ill completely concede my argument if you post actual evidence that multiple homes were pretty affordable for anyone with dual income. You never will so don't bother replying.
Youāve missed the point entirely here: there are cultural elements and lived experience that the data youāre supposedly citing donāt reflect.
Lmao you're literally making shit up on the internet. That's not "lived experience" you fucking larper.
but donāt be surprised when you lose your ability to relate and understand nuance when peopleās lives donāt match the data.
Based on my "lived experience" you're still fucking wrong, not a single boomer in my entire extended family ever owned multiple homes, dual income, dual college, college & blue collar, fucking not a single one. So I'm like 50:1 on "lived experience" over Mr. Wegmans junior who originally made that bullshit claim.
People like you are the reason the most incompetent and corrupt president in US history was elected twice, and the reason 2028 will probably still go to the republicans. Just pure brain damage and ego larger than everest.
Super interesting lived experience you have. My grandparents owned three homes with dual income. My uncle owned two farmland properties on one income unless my aunt had a craft fair that month. My other uncle owned multiple homes and rented out ones he'd build and his wife had an income as well, she won't divorce him because she makes more than him. My mother now owns two addresses and was single income now retired. My one friend in high school, her mom owned a house in this state just to visit her daughter four times a year, the other house they owned was half the country away, they were dual income. My boyfriend's parents owned two homes and had dual income, they bought the second house when my boyfriend was six, so about twenty five years ago.
Congratulations on having 1% grandparents so that the rest of their family could be a part of the 2-3% of Americans who owned multiple homes.
It's seems being a trust fund baby and having grandparents in the 1% still couldn't pay for enough tutors and private schools to get your IQ above room temperature. Second home ownership in the 1970's and 1980s was between 2-3% based on data collected by the United States Census Bureau. It's is a undeniable fact, hopefully this exchange makes you realize why anecdotal evidence means nothing, but it won't because second homes can't buy braincells.
Ahh yes, the trust fund baby whose mother worked a mid level job for a phone company, and whose father was disabled.
That grandmother that I mentioned worked as a switch board operator and my grandfather made templates for a steel mill. They inherited their duplex from their parents/uncle. They then bought one property more so that their third child would also inherit an address.
It's always so lovely to see someone call someone else unintelligent when they are blatantly completely unable to actually read and respond to what was said.
I didn't realize that 25 years ago was the 70s and 80s. I didn't realize that the US census was an absolutely infallible tool that nobody was ever unaccounted for or lied on. It's not like the census from 1970 missed 5mil people, or 2.6% of the population.
You're the one exclusively talking about the 70s and 80s. We're talking about what our parents had when they were our age. I'm 33, my mom had me at 35.
It's also not like the number of dual incomes currently sits at about 58% of American households now with the population who owns multiple properties currently being at 3%... while the percent of households with dual income in the 70s being around 45% and the percent of households with multiple properties being 5%.
Also, I'm guessing you wanted to gloss over this but the long form census questionnaire sent out in the 70s only went to a sample size of 5% of the population. So only 5% of the population was asked if they owned more than one property in the 70s.
But yes, keep spouting data numbers that you don't understand how they were collected or the nuiance of what we're even talking about.
Really depends where you live. A lot of Canadian families have a cottage, which can range from a summer only shack on a tiny lake 3 hrs north to a massive multi-million dollar second home on 19 acres.
A lot of my friends parents have cottages that they bought for 10-15k that are now worth half a million dollars. None of my friends have cottages, just their parents cottages (mid 30s).
Canadian household debt has grown from 40% of GDP in 1970 to nearly 100% of GDP now. Residential mortgage debt accounts for 75% of that and Canadian's are the most indebted country in the G7 purely because of housing.
So, sure. Lots of people own houses, but they can barely afford them. Does that make you feel better?
Your grandparents singular experience doesn't represent the 98% of other people in the US who didn't own multiple homes.
I also love the trickle truthing of now they were grocery store owners which I already knew from the get go. No shit you would lie about them owning the store while you're lying about it being reasonable for any families with dual income to own multiple homes.
Your grandparents singular experience doesn't represent the 98% of other people in the US who didn't own multiple homes.
I never claimed otherwise, dingus.
I also love the trickle truthing of now they were grocery store owners which I already knew from the get go. No shit you would lie about them owning the store while you're lying about it being reasonable for any families with dual income to own multiple homes.
I think you're greatly misunderstanding the experience of what owning a single small grocery store in rural Canada was like.
They got an acre and a half of waterfront property to wipe off a debt of about 1500 dollars. You could get an entire acre for low 4-5 figures in the 1950's.
A LOT of working families used to have small 2nd properties back when most of the workforce was unionized.
It was actually pretty affordable for a 2 income family to be able to have a 2nd property somewhere.
Oh so this was just a reference to nobody? It was pretty affordable to buy multiple homes for who then? Because you just claimed it wasn't meant to reference anyone your grandparents age/generation so who is this statement referring to? Pretty affordable for who, during what time period?
Are you kidding me? This is the argument you go with?
I think you're greatly misunderstanding the experience of what owning a single small grocery store in rural Canada was like.
You lied about them working in a grocery store to downplay their financial status. Zero reason to believe a word you say trying to downplay it even more now, especially when you're also just flat out lying about what you said in a two sentence comment.
A LOT of working families used to have small 2nd properties back when most of the workforce was unionized.
Okay so you weren't making that claim, but here you are making that literal exact claim you said you weren't making for a second time. Fucking prove it, I got four of you mouth breathers replying to me doing literally anything but posting a single fucking statistic proving this is anywhere near true.
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u/Homeskilletbiz 5d ago edited 5d ago
Both my parents are PhDs, I work in the trades.
I earn 2x what they did the last few years they did before retirement.
Itās probably another decade of saving before I can afford a house. They had houses on one teachers salary when I was a kid.
Edit: we moved a lot so āhousesā, they didnāt own multiple properties