I made the “mortgage professional” mad LULZ. Enjoy the ride with the boomer clients you’re sucking off as they cash out during this unprecedented time. I’m happy for you.
I think my point was largely lost on you, probably because I hit a nerve with your livelihood… Fair
I’ll simplify it…
Boomers operated in a reality where a 4 person household (Dad, Mom, and 2 kids) could live in a middle class neighborhood with one parent working. Gen-X and beyond cannot achieve that same scenario, unless well - that family is content living in a double-wide until the kids leave the nest. That one working parent could retire at age 55-60 with some crazy ass pension until they fucking die. Gen-X and beyond isn’t afforded that opportunity in the overwhelming majority of careers. That one working parent could afford to send those 2 kids to college - perhaps with some hardship / perhaps not - but they could actually do it and not have to lose their ass… Gen X and beyond has to essentially refinance their house to pull that off (again kudos for your line of work!). I could go on and on, but hopefully this helps..,