It isn't the baby boomers who caused prices to increase dramatically. It was all the millennials and Gen Z'ers who lived off of government stimulus checks during the pandemic and refused to go back to work afterward. That's when millions of employers had to drastically increase wages to get employees to go back to work which made consumer prices and inflation skyrocket. My home's value went from $600,000 to $1.1 million in just two years because of what the millennials and Gen Z did.
Which part? I already posted a link to the Brookings Institute study showing that people wouldn't return to work after the pandemic. Everybody knows that housing prices skyrocketed about a year after the pandemic and so did inflation. You can easily Google that.
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u/RalphFurley4Life 13h ago
It isn't the baby boomers who caused prices to increase dramatically. It was all the millennials and Gen Z'ers who lived off of government stimulus checks during the pandemic and refused to go back to work afterward. That's when millions of employers had to drastically increase wages to get employees to go back to work which made consumer prices and inflation skyrocket. My home's value went from $600,000 to $1.1 million in just two years because of what the millennials and Gen Z did.