alt Hacker News>"Boomers will be happy as long as not a single dollar is spent on housing"
Not sure what boomers you are talking about. I for one am disgusted at what is happening with the things in general and with the housing in particular. I do not want my house to appreciate Ad infinitum. I do not want to have ever growing class of have-not's so that few jerks can own the governments and half of the world.
Just so we're on the same page, the GP was reeferring to "baby boomers", as in people born 1945-1965. Maybe you know that and that's when you were born. I don't know. But "boomer" has taken on a slang meaning the latest few years for someone who's simply not tech-savvy or is otherwise out-of-touch.
Generational politics has definite limits and isn't absolute but it's also true that the Baby Boomer generation as a whole enjoyed the great opportunities and wealth generation opportunities in history. They fled to the suburbs, subsidized by the government every step of the way, and then basically pulled up the ladder behind them. They also refuse to quit.
And then when crime receded (and there are multiple theories for why this happened), they moved back into the city, bought up all the real estate and then blocked building affordable housing there too.
I personally have a theory that the parting gift of the Baby Boomer generation will be to get rid of Social Security and Medicare since they don't need it anymore.