Baby boomers bought homes in Burnaby on the cheap, no ‘sacrifices’
A local tenant applauds a writer who claims young people spend too much money on ‘frivolous’ articles.
Re: If young people want to buy a house in Burnaby, don’t spend so frivolously, NOW Letters
I read the baby boomers letter about all their “sacrifices” 40 years ago to buy a house in Burnaby and I don’t even get the point of you printing it.
People around 40 and under are struggling in a ridiculous housing market and this person decided to write to the newspaper complaining that young people should be upset about this.
Since this person has decided to teach us a lesson, I will teach him the lesson. First of all, you seniors, from baby boomers to Generation X, have benefited from rock bottom real estate prices. Yes, your wages were lower, but study after study has proven that the gap between wages and house prices is wider than at any time in our history.
Yes, your interest rates were much higher, but do the math, the gap is much worse than it is today.
It’s not about “sacrifices” because, believe me, young people today have to sacrifice a lot just to afford shitty rental housing. High rents for garbage when so many companies offer low wages with part-time hours.
So many young people are still living at home into their 30s because housing costs are so high.
And, on top of that, young people feel hopeless for the future because of the climate crisis that has been caused by you older people and your polluting habits.
Connor Adams, Burnaby
Editor’s note: A few readers have asked what this author is asking about why we printed the original letter to the editor. We print letters from many perspectives and just because you disagree with it doesn’t mean we shouldn’t print it if it meets our standards for content.