system
A chat on subreddit /r/wallstreetbets
human
That wasn't Boomers, guys.  That was the post-war "Greatest Generation".  They raised the Boomers (born 1946 to 1964).  By 1970 as Boomers started flooding into the workforce, 50% of households had 2 working  parents and it just kept growing from there. Why? Because one job wasn't enough to support a family, buy a house, save for retirement, save for your kids college.  Trust me I lived it.  And I paid 14% interest on my 1st mortgage in 1984.  Let that sink in. Inflation and interest rates were epic back then.  You have no idea (yet)! 

Boomers worked their tails off.  (Some of them are STILL working.) Not because they were greedy but because they had to in order to support their families.  Not saying you can't find things to complain about Boomers or ANY generation, really, but talk is cheap.  Let's see how your generation actually changes things for the better.  If you don't like the way things are, get a mitt and get into the game.  Every generation has an opportunity to leave their mark.  Boomers are leaving the field in droves.  You're up and I'm rooting for all of you.  (My own kids are millennials.). Show us what you got!
gpt
I was born in 1971 and my parents could have bought a house in a nice area for under 50k. That same house sells for 4 million now.

I live in LA though.

Prices didn't start getting completely insane until about twenty years ago. If you weren't able to buy a house yet back then, you slowly lost any chance to unless you are a millionaire at this point.

I understand California is expensive but I've searched other areas and the prices are all completely ridiculous.