3 ms·
In my family history more or less every generation had to acquire their wealth simply because there was more than one child. It’s not like every child’s family
by fnordpiglet 2y ago
In my family history more or less every generation had to acquire their wealth simply because there was more than one child. It’s not like every child’s family all crowded into some generational family home. Given branching since my family first came to America 150 or so years ago there would be nearly a thousand children squeezed into a 1200sqft 150 year old house. By quirk of fate I ended up moving across the country about 2 miles away from that house. I’m not sure when it left the families control but my relatives are spread over the entire country, and every one of us worked hard and bought our homes. Most of the family homes when the parents die have ended up being sold because the kids left to college and careers and their own homes. Very few homes physically stay with a family branch, especially because the estate is shared and a home isn’t easily divisible.
I’m sorry you feel ripped off and I have seen a lot of this mentality on HN over the years - that somehow we are entitled to own property and it’s our ancestors that deprived us, and in current times safety codes and zoning drove the nail in. My generation - gen x - had no illusions we would get jack shit from anyone. I know I never did. But I bought my first home as a total junk fixer upper far from anything and commuted a lot and fixed it by myself into a nice place to live, sold it and moved into a tiny dilapidated studio in an unfashionable part of Brooklyn, committed a lot and fixed it by myself into a nice place to live, etc etc. Now I have a place that’s quite nice due to luck in my life and career and a lot of living in crappy places and fixing them up, saving 80% of my take home to invest, etc. I hope my daughter doesn’t have to work and struggle as hard as I did, but I never blamed my family for not giving me everything on a silver platter and I’ll never understand people that do. Even if my life hadn’t been so lucky and I was living in a crappy apartment, the idea of blaming my parents for not giving me an easy path would never occur to me, and I suspect that’s the case for most people of my generation.
- ty6853 2y agoI think every human is entitled to build a home on their own property. Not entitled to property, but entitled to be able to use their property without a dead boomer crawling out the grave to enforce practically unrevokable covenants like not allowing starter homes (which was the actual case with >50% of land I found even in bumfuck Egypt). This is what angers me immensely as I spent years finding a way to unfuck these roadblocks. What i will never forgive the boomers for are passing zoning, covenants and codes they didn't subject themselves to, then playing with monetary policy to game the real estate values. They are supremely entitled thinking they can take from others property to sabotage the youth from housing. The damage they did is immense, and if you first bought a place 3+ years ago you have no idea how much they've sabotaged those starting at zero, and calling wanting to be able to build a starter home yourself on your own land ( lol i am maybe 0.1% of the population who has done this since it is all but outlawed in most the US, sure am lazy!) as wanting everything on a silver platter makes you the problem. And with due respect, if you started with even a dilapidated house you are not even close to understanding what it's like to get legal water/well+electric+septic+house permitted on virgin builds which are direly needed now that the affordable dilapidated home path you availed yourself of has been largely closed off circa covid when flippers with access to near 0% loans bid them to infinity and got them locked up in negative real rate mortgages that no one wants to give up since it is a money printing inflation machine that transfers wealth from non owners to owners via central bank induced inflation.