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	<title>Money magazine Comments - Why I don't want to be tarred with the Baby Boomer brush</title>
	<description>Are Baby Boomers to blame for a rise in property prices so steep that snowflake millennials melt from the effort of climbing it before they're even off the ground?</description>
	<link>https://www.moneymag.com.au/feed/latest?story=179559985</link>
	<lastBuildDate>Sat, 01 May 2021 19:11:43 +1000</lastBuildDate>
	<pubDate>Sat, 01 May 2021 19:11:43 +1000</pubDate>
	<language>en-AU</language>
	<copyright>Copyright 2026 Money magazine</copyright>
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		<title>Money magazine Comments - Why I don't want to be tarred with the Baby Boomer brush</title>
		<url>https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png</url>
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		<title>Comment by Ria Young ()</title>
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<p><p>What the milleniums seem to ignore is that the boomers were on much lower wages, and very high interest rates, and it was virtually impossible to get a mortgage unless you could get a parent to sign up for the contract. More to blame is government with its first home buyers grants, and Reserve Bank interest rate changes being used to stimulate or depress the economy. Low interest rates, like today, are a stimulant to get more people to buy a house. Also a problem for first home buyers are they are competing buying a house with investors working on a negative gearing tax incentive.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Ria Young ()</dc:creator>
		<pubDate>Sat, 01 May 2021 19:11:43 +1000</pubDate>
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		<title>Comment by Richard Jordan ()</title>
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<p><p>Every generation seems to think they had it tough and that those that came before had it easy.</p>
<p>Every generation left stuff ups for the next ( stollen generation or climate change).</p>
<p>Those that did well usually took big risks, some won others lost.</p>
<p>Not every baby boomer is rich or every millennial poor.</p>
<p>People need to get over it and enjoy what they have and try to leave the world a better place for them having been in it.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Richard Jordan ()</dc:creator>
		<pubDate>Sun, 02 May 2021 09:23:22 +1000</pubDate>
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		<title>Comment by Karen Richardson ()</title>
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<p><p>I was born in 1960, that makes me a baby boomer. The younger generation should take a harder look at what a baby boomer had to give up to buy their first home. For example - I had to buy where I could afford, not where I wanted to live. I sold my car to go towards my house deposit. I had 15% interest on my mortgage. I had to budget my pay ($105p/w). I didn&#39;t go on overseas holidays or any holiday, I stayed at home on my annual leave. All I can say to the generations after me - sell your car, motorbike, jetski. Stop going on overseas holidays. Stop buying the latest iPhone, gadgets, expensive clothes and start saving. Start budgeting and going without for a few years. Then and only then will you start to understand what us baby boomer gave up to buy our first home.</p>
<p>The woke, snow flake, climate change, gender and political correct generation, need to get over themselves and start enjoying what they have and stop blaming the baby boomers for their own selfishness.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Karen Richardson ()</dc:creator>
		<pubDate>Sun, 02 May 2021 16:32:47 +1000</pubDate>
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		<title>Comment by Richard B ()</title>
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<p><p>Like Karen above, born 1960. Here goes; missed FHO grant, 17 1/2% interest rates, 1 car shared, low wages, kids expenses, high child care costs, no defined benefit super, sandwich generation expectations, unexpected grey divorce, homeless period, post divorce restart costs, health challenges, still working at 60+. Not complaining just stating the facts. What a grind - OK Boomer they keep saying?</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Richard B ()</dc:creator>
		<pubDate>Wed, 05 May 2021 13:59:44 +1000</pubDate>
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		<title>Comment by Karen D ()</title>
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<p><p>Also Karen born 1960. Married at 21 ... husband and I moved around with work and could not afford to buy or put down roots until we were in our 40s. Only then buying with government grant help. We still have a mortgage at age 61. Husband still working...retiring when? I needed to retire to help elderly parents. Life happens...even for boomers!</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Karen D ()</dc:creator>
		<pubDate>Sat, 08 May 2021 19:53:07 +1000</pubDate>
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		<title>Comment by Anna Boyles ()</title>
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<p><p>These comments show exactly why the Boomer mindset is becoming irrelevant. &quot;I got mine so screw anyone younger than fifty.&quot; I am actually embarrassed at the elders&#39; lack of knowledge/acknowledgment of wages not keeping up with inflation. It is mortifying to see the comments that lack any awareness of the social, military, economical and scientific changes over the past 25-50 years. And just a helpful hint...using cringy social/news media created tropes like &quot;millennial snowflakes, woke, or say things like, &quot;stop buying iPhones, jet skis, and eating avocado toast is goofy and makes you exactly what you claim to hate-entitled whiners. It&#39;s ok. The boomer Gen is leaving this world a much worse place ;)(should be worth at least a participation trophy) and on their way out refusing to acknowledge those facts (it is literally in the numbers/science with regards to the economy, climate change (btw-acknowledging climate issues is not being woke-it is planning for the future and trying at least leave the planet a kinder, more equal and more logical place for ALL of those that come after.)</p>
<p>So stop asking to see the manager and being rude to service industry workers, Karen (see what I did there, I used erroneous tropes that add nothing to the conversation, just like most of these comments.) and maybe brush up on changes in economics/science and stop the overuse of stereotypes you saw in some dank meme on Facebook. It is just an embarrassing look.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Anna Boyles ()</dc:creator>
		<pubDate>Mon, 22 Nov 2021 01:07:42 +1100</pubDate>
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