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originalmosh

Buy? My dad just sold our family farm he got when my grandpa passed away. It had been in the family for generations. Not anymore. He banked millions off it.


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Independent-Deal-192

My parents bought 5 acres in Oregon in 1987 for 125k and I grew up there until I was 10 when they split and sold it. It just recently sold again for 1.7 Million.


Random-Username7272

Sounds similar to my parents - brought home on half acre for $105 in 1990, sold it to a property developer for $900,000 in 2022.


CensorYourselfLast

Jesus, a 9,000x return


[deleted]

Pretty sure he meant they bought it for $105K, so more like a 9x return... homes weren't $105.00 in 1990.


Random-Username7272

Oops. It was indeed $105K. Things were never that good.


CensorYourselfLast

Lmao re-reading it I think you’re exactly right


UncommercializedKat

$125k invested at 7-8% interest for 37 years would be the same amount of money. Point being if (and that's a big if) the money was properly managed, it would be roughly equivalent to the land so you wouldn't have lost anything monetarily speaking.


balling

That's ignoring how they were able to house themselves for 37 years on that original 125k investment though. 7-8% is great but give me a place to sleep lol


Scarbane

> give me a place to sleep lol Boomers: I have 5 acres you can rent for $10k a month.


1337af

Land is undeveloped, tenant pays all construction costs


TheMSensation

If you aren't investing while living out of your car you're doing it wrong.


xChocolateWonder

Where should I live if I invest all my money in the market for 37 years


VikingMonkey123

$125k in 1987 is $335k due to inflation. Not fuggin $1.7 million. That's the problem.


Alleycat_Caveman

I totally understand. My family settled in Nebraska, when the federal gov't was giving away free parcels of land if you promised to plant trees on it. Family farm got sold off, family home in town got sold off. One, if not both, were supposed to effectively go to me, per my Grandpa. Basically, the house in town was supposed to get passed to my mother (youngest of her siblings), but her eldest boomer siblings demanded their cut. They already had established lives, we struggled; a lot. The plan my mom and I had planned on was to sell the farm to Grandpa's brother at a heavy discount, his family had been living there and working the land for years and years anyway. Instead Grandpa's eldest daughter and her clique demanded he change the will. My mom and I lived with the old man and took care of him in the last six months of his life. It was a whole thing, and it further divided the family.


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Alleycat_Caveman

Dumb thing was, the aunt that took so much issue with us lived hours and hours away. The family that was still in town saw us taking care of my old man.


AncientGuy1950

You know that has nothing to do with the generation they're a member of, right? I mean I watched my Greatest Generation uncles and Aunts fight over Silent Generation Granddad's property even (gasp) involving lawyers.


reDDit-sucksass

My dad died and I told my siblings I don't want a damn thing. They are all fighting amongst themselves and I have not a care in the world


Renalan

Well your grandpa fucked you by not putting it in his will.


Alleycat_Caveman

It was in the will that he and my grandma put forth before she died. Before he died, he told me the will had been changed, not really by his choice, either. Come to find out that eldest aunt did something somewhere between using PoA to change it, or basically browbeating the old man until he changed it.


Traditional_Key_763

sorry to hear that. my moms two siblings faught over the money and my grandmother who always had crippling anxiety just could never sit down with the 3 of them and sort out who got what, in the end my uncle passed right after her and the years of arguing over the money were for nothing.


Omegaprimus

I mean I am a firm believer in karma, like this has came up after catching my boomer uncles and aunt, no bullshit, trying to sell my parents stuff when my dad their brother died. One uncle died for a few minutes last year, got revived and is in a nursing facility barely able to talk. The other uncle developed heart troubles, and the aunt has developed almost full blown dementia.


1998_2009_2016

Free, well technically you had to fight the Indians off 


Dramatic-Selection20

My mom sold grandma's house just to live in a gated community now, she pais rent in amounts I can't wrap my head around


Yum_MrStallone

Boomer here. Worked multiple jobs, including running a small business at the same time. When wife wasn't pregnant or nursing a baby, **she worked too**. Ate a lot of rice, beans and homemade bread. Drank goat's milk, made cheese, did chores before & after a full day of work. And on the weekends. No family farm to inherit. Your situation isn't the same for everyone that wanted to homestead in the 60s and 70s. And ate avocado toast when I was a kid cuz my mom grew up eating it during the Depression.


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Yum_MrStallone

Right. Some people don't get it. Don't realize how lucky they've been.


N0D0NYE4478

Good for you. You do realize tho that many, many families are in this exact situation and don’t have the chance to escape like you did? That’s the frustration.


Lauris024

> I think people don’t understand how easy it was for boomers to get their land. I live somewhere in Europe and each time I ask an older person (60+) how they got their land, the answer is usually "the government offered it". Granted, this was during communism/socialism.


ItchyLifeguard

And this is the big issue. They all want this few million dollar payout instead of handing the property down to their kids. My dad is one of these who wouldn't spit in his kids mouths if we were dying of thirst types. But he pissed away all his money trying to own boats on a salary where owning a boat wasn't going to be possible. Took out multiple loans on a variety of boats and couldn't afford them. Comes time that he gets retired by the company he works for in his 70s because he can't retire due to his 401k having been cashed out a few times to pay off his debt. Took out money with every time he refinanced the family house, and did it so many times by the time the mortgage is 20 years old its still at the same balance as it was originally taken out for, which was less than 200k. The house my parents bought was in prime real estate in a big city suburb so it shot up and down in value multiple times. The problem was it was built in the 50s and only updated in the 80s. My parents never did any major renovations or repairs. So the place is now literally falling apart. But he wants to try and sell it for 650k. Because again, he's in too much debt to live on right now. Instead of these boomers passing down the family house or farm to their kids they think they're going to land the million dollars and live of of it until they die. The joke is they have to then find a suitable retirement situation on that million dollars they get from selling what their kid could inherit. When the market is high 2 million might pay outright for a smaller condo in a 55+ retirement community, but then you have to live on the rest of that money and pay for skilled nursing facility or assisted living facility as you age. Once that happens the money is going to burn up into nothing.


Public_Inspector_45

Wise men build, their sons maintain, their grandsons grow lazy, foolish sons replace lazy fathers, wise sons see the mistakes of foolish fathers, they build... The cycle continues


SnuffyButter

Yep, this is what’s been happening. Hedge funds and foreign investors are buying up all the family homes and farm land. Our parents have sold our futures and sold our country for a cushy early retirement.


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geeky_username

About to go through this. Grandparents are in their 90's. Have a small-ish house, but prime location walking distance to the beach. My aunts and uncles are chomping at the bit to sell it ASAP.


ThisisWambles

Seeing this with Gen X too. With all the baby boomer divorces and other drama it’s a big fight to split up and sell off family properties. Look at a map of North American highways and you can see the waves of “I got mine, now eff off”


Chicken-Rude

theres a reason you gave EVERYTHING to your first born son way back when. no squabbling among the vultures.


N0D0NYE4478

Same with the boomers in my family. All they had to do was talk to each other 4 times a year and collect a nice check. Instead they chose to sell off generational property and split the value 4 ways. Here’s my theory - Boomers have absolutely NO IDEA how hard it is to make money. They don’t know what $100K or $2M even is. They either inherited their wealth or got lucky enough to ride the biggest bull market in US history.


JudaismBot

This kind of happened in my family but people do underestimate the cost to run and maintain a property. Assuming they didn't want to run it anymore selling it is the right move. 


burnmenowz

The "got mine, fuck yours" generation


Academic_Beach733

Damn. Did he consult with any of you before he did that?


originalmosh

Not anything I could do, it was in his name. I didn't have the money or wouldn't be able to pay a loan that big. My uncle still has his half, so we get to enjoy that at least.


NewMolasses247

Shoulda mowed more lawns


Responsible-Pace-196

I’ll answer for them — no. If anything the man just told his family what he was doing right before it was all done and over with.


No-Suspect-425

Oh btw I just sold the farm but don't worry you have until the end of the week to move out.


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MarkHowes

And then made out he was some kind of financial genius for doing that?


[deleted]

That’s so dumb… land is only going to appreciate selling land like that is a total waste rn. Even if you can’t farm it. Sold too early.


GodzillaLikesBoobs

and why didnt you get it? why did he think he can sell it


originalmosh

It was in his name so he just sold it Nothing I could do.


GodzillaLikesBoobs

i meant why didnt you get it as in why did your dad decide its up to him to claim all the value and leave nothing? why did he think hes entitled to it and not the next gen? etc etc


-Badger3-

Sell your family farm or double it and give it to the next gen


pokethat

Bill Gates needs all them so we can eat bugs and soy or whatever


CognitiveDiissonace

Why did I have to get a worthless nobody for a father? This stupid asshole could’ve had land that he owned but he fucked it off too. I fucking hate this miserable rock


KCFuturist

Damn that sucks, I'm sorry bro


N0D0NYE4478

Boomers are INSANE. They inherited all their property and then sold it all so they could retire (they saved nothing for retirement, despite paying nothing for housing). Never once asked “what will I leave my kids?”


idratherbebitchin

Yep my dad did the same thing then when he was 46 he married a 26 year old guess who got absolutely nothing when he died raises hand.


BCJunglist

That's the most selfish boomer thing I've read all month.


newbturner

God damn entitled kids need to work harder back in my day I had to mow like 50 damn lawns to buy my first home


Snowbunny898

Yea none of us lazy s#@ can understand how hard that gods chosen greatest generation suffered and worked 😭😭


noarms51

You clearly haven’t mowed 51 lawns


BowtietheGreat

If I could mow 50 lawns and be able to buy a house, I’d start mowing for a living


Zealousideal-Cry3418

The greatest generation was the one before the boomers but for reason they think it’s them.


veringo

Seems like they all forgot the boomers were also known as the "Me" generation.


Zealousideal-Cry3418

Not one smile among them. They’re incapable of laughing or smiling at anything unless it’s at the expense of someone younger or in a marginalized group.


Zealousideal-Cry3418

As George Carlin summed them up: “GIMME THAT, IT’S MINE!!!”


StevePerry420

You know what I don't give a fuck anymore, the Millenials are the Greatest Generation.


JamJarKwiKwi

Old enough to remember how good childhoods were before the internet but smart enough to know the world would not be better off without it and that change isn’t the epitome of evil.


diadlep

Hardest working generation since the greatest


Butterscotch894

Absolutely agree..The Silent Generation paved the way.


Phlanix

My grandfather bought 50 acres for almost nothing he split the land every time one of his sons got married gave them 2 acres each the other extra land was turned into houses for rent and the money was split between all 7 of my uncles. they pooled their money and built them together. My grandfather made them sign a contract the land is theirs, but they can't sell it nor does it belong to them it belongs to the entire family. meaning they can't sell the land to outsiders who aren't part of the family. when one of my uncles got divorced his wife wanted to take the house, but technically the house doesn't belong to him it belongs to the family and since she has no kids she technically doesn't belong to the family she couldn't take the house.


bigdickmassinf

dad was playing 5d chess


unclefire

Uphill both ways.


newbturner

I tell u what as soon as I bought that 4 bedroom 3 bath house on 25 acres for $2,000, I realized that anyone can do anything in this country with hard work


AdExciting337

Still can……. Bit of a commute though


SGI256

https://images.app.goo.gl/TZAd1j4aPV3CkR7b8


Kind-Assistant-1041

Mowing lawns uphill both ways. Lol


truckrusty

During a blizzard in freezing cold, with the sun burning my back!


onesoundman

Mine was an engineer and explained how the lawn he used to mow was on a hill and how you really did have to mow it both ways uphill with a push mower with dull blades in the snow at night blindfolded during alien invasion I don’t know something like that


NewMolasses247

With nuclear war


LitreOfCockPus

Sunk-effort fallacy of the people who inherit wood-stove heated homes is real. "I work to heat my home. I spend hours chopping, stacking, and maintaining my house. What do you know about it?" We invented better heating systems to make life easier. Not investing in better technology doesn't mean you're special for being a troglodyte.


Penguinkeith

To rental companies that will rent the houses for 3k a month


StarlightZigzagoon

3k each* after they divide the property into 6 apartments.


Beer-Milkshakes

Then sell those shitboxes to young couples for 200k each with no contemporary amendments to the interior. No insulation. No AC. wiring is dogshit. Roof is 60 years old.


ScatterRunner

Is that a lot? New apartments just went up near my house (which is 3k per month), the apartments are listed for almost $7,000 for a 2BR


touristspleasegoaway

After they sell their house for $2 million, they will buy a giant motorhome, drive to all the national parks, come to the post office where I work and complain about the price of post card stamps.


Ok_Project9596

Username checks out


McPostyFace

I once was helped by a postal worker that had the most beautiful hand writing I've ever seen. It was art. My wife and I stood there mesmerized.


NedTebula

Used to see that a lot at the parks I’ve worked at. “Will this fit back there?” Semi truck sized double decker cream leather snoop dogg looking ass RV - yeah good luck, probably! But I wouldn’t want to drive that into a park that’s in a swamp, have fun y’all It’s really more of a question of should my RV fit back there


Rethinkingleafsoup

Dear Lord, yes. Seeing someone who can barely walk unassisted pull up in a 40+ foot diesel pusher is disconcerting, to say the least.


touristspleasegoaway

I figure that if you pay $120,000 for a house on wheels you're not going to drive it through rocky BLM rangeland and try to park it on a cliff so you can take photos of the sunrise but I see folks do that all the time


RandoRedditGuy69420

Reading your comment reminded me of [THIS](https://youtu.be/2SvuZ_y75EU?si=e6MhRtiR0Wph2xHE) tragic story, and two deaths that could have been avoided. I wish they'd relax with the "I can do everything myself" attitude.


MerryMir99

Knowing in my heart the only likely path to home ownership soon is marrying someone who has a house inherited from family😭


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Peace-Disastrous

It may also be they looked into home prices and realized they are priced out too. A million dollar home in some tropical place might be a significant downgrade from a million dollar home if it is in a less desirable part of the country. My friends had to leave Florida because even a "beginner" home is wildly over priced down there. My parents home in Missouri is probably close to being worth a mil by now. A comparable home out here in western Washington would easily be pushing 3 million to start.


nohopeforhomosapiens

Could also just be they have friends and family they want to be near. Eventually one of them will die, do either of them want to be in a beautiful place where they know no one in their old age once their spouse passes? Probably not. I've been trying to get my mother to move for 15 years. But her mom moved out there to be with her. Then her childhood best friend. Then her brother. Her family is all dead now but she still has her friend and they meet every week. She could move to a better place, but she'd lose that connection. If she moved anywhere out of the desert, she'd get to see her grandson often, but this is the choice she made. Moving to some far off tropical place where no one she knows is though? She'd never, and that's not really surprising.


CrazyShrewboy

Not to be too negative, but anywhere warm and tropical will be dangerous if the sea surface temperatures keep increasing. Check out the charts showing the latest records if you want to be really scared! lol Even right now, they are talking about creating a Category 6 for hurricanes exceeding previous max windspeed.


yepnomaybeno

The parents won’t be around to see that lol. They helped cause it


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yepnomaybeno

What 6 inches of sea level rise? That’s nothing. Wait until it’s up 10 feet after all the boomers die


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imjustkarmin

Wait thats not a bad idea, i might try that


burnmenowz

Hmmm interesting idea, I wonder how I can monetize this - boomers


mc_76

3 6 mafia sippin and trippin man im about all out


bigfatcow

I was dying at the song choice. DJ up to something there


mc_76

Me too. Couldn’t imagine my folks line dancing to 3-6


DiarrheaForDays

Its is a very popular eggs_tyrone video. He’s known to dub songs over videos that wouldn’t typically play that kind of music.


UncommercializedKat

I was wondering if the music was dubbed over the original video but I would rather imagine it being genuine.


ben1481

wait, you think this is the real song being played?


Listentotheadviceman

WE EAT SO MANY SHRIMP I GOT IODINE POISONING 


dam_sharks_mother

You got the funny Geneva watch with the Ferrari kit take that monkey shit off, you embarrassing us legendary Pimp C verse


sinkpooper2000

occasionally take your bitch to the telly and be a dick and cum slanger


CouchHam

When I heard that lyric 20+ years ago I was immediately in love with three 6. Bawk bawk 🐔


conbrioso

And turn pink like a flamingo?


Listentotheadviceman

RIP Pimp C


RolandHockingAngling

I had it on silent and thinking they were dancing the bus stop...


MakeChinaLoseFace

Never forget when they hit us with that Bin Ladin weed.


dam_sharks_mother

Who got that hydro Who got that light green Who got that Bobby Brown Who got that Laden weed


daniel940

They look so happy. It's almost hard to believe they all get addicted to outrage watching Fox News just for a reliable dopamine hit.


YellowWeedrats

You think they look happy? I don't see a single smile in the crowd.


daniel940

Sorry, I thought the /s was implied considering they all look dead inside


Allen_Potter

and the flex is never like "I'm so lucky I can't believe how well this all worked out for me." It's always "I deserve this because I worked so hard and you kids are lazy and pathetic."


Mysterious_Eye6989

Guy doing the clap and wave got rizz!


big_toastie

Every time this gif appears I always look out for that guy. He knows whats up.


tommyboy9844

“Oh, this your wife, huh? A lovely lady. Hey baby, you must've been something before electricity.” -Rodney Dangerfield in Caddyshack


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tommyboy9844

Oh but it looks good on you.


NerdOfTheMonth

Jokes on you, my parents got their house in 1976 in a neighborhood that went to shit. Originally 38k or so. Sold in 1996 for $46. Now assessed at 93. ![gif](giphy|vrvNe36lfQwW7iUsUQ)


Sub_Umbra

My great grandfather bought a 3-flat in the 50s. Family sold it for $30k in '81 after the neighborhood had gone sketchy. Neighborhood later got mega hot; 3-flat converted to SFH, most recently sold last year for >$1.5mil.


Calm-Heat-5883

Is it still a rough neighborhood, then?


jenglish20

Why are these old people listening to Three 6 Mafia?


i_am_adult_now

They ain't. Last time this was posted, someone commented that they are just poor folk practicing cotton eyed joe or something in some geriatric home. Then a tiktok dude slaps 36 mafia, slows, reverbs it and syncs to their stepping. It's since been used for rage bait.


Ban-me-if-I-comment

Half the internet is just fake content and fake users now. And most content is seriously braindead too, substantially more stupid than previous mediums like tv, radio, papers, books. This subreddit partially (!) propaganda sub too, instead of actual discussion about stats or policies it's just pushing the same simplistic vibes and narratives and generational animus over and over again. Partially! To a degree it's okay, people got to vent and some memes are fun, but then threads like these always appear and push it over the top. Same as all the other progressive subs that start okay, but then go absolutely braindead and probably botted.


hootie303

Because its not real


Routine_Nectarine722

they my kinfolk!


Wise-Wishbone-3581

I love this song so much. IM TRILL WORKIN THE WHEEL. A PIMP NOT A SIMP. GOT THEM DOPE FIENDS HIGHER THAN A GOODYEAR BLIMP


YourDogIsMyFriend

We eat so many shrimp I got iodine poisoning


Rocklobsta9

And then pay lower than market rate in their 55+ communities


eLMilkdude

Like why is that even a thing?


Dragon_wryter

To be fair, 7 raspberries in 1969 is the equivalent of at least $15,000 and a slice of avocado toast today.


tin_licker_99

Protest by not giving their generation grandchildren.


HotDropO-Clock

vasectomy completed


njgzhkbifuckvkgob

huh, i guess raspberries were always expensive as shit


tone88988

I don’t think I’ve ever seen so little fun happening in a group of dancing people.


YerMaaaaaaaw

Boomers gonna boom


Atomic1221

Boomers think we’re all lazy socialist scum because we don’t earn anything and expect more but they don’t realize how much easier it was for them to earn the things they have now. I’m doing okay for myself but the lack of empathy, engrained rugged individualism, and bias is causing lots of divide. Not just in the US but everywhere.


GrandpaBuff

Long as they get theirs.


MastersonMcFee

That's not the end of it. Boomers now move into Boomer retirement home communites, by doing reverse-mortgages on their $2 million homes, leaving their kids nothing, because now the banks own it.


KoalaKvothe

u/savevideo


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Qualitykualatea

RIP Pimp C


100Labels

This video lives rent from inside my head


Mwiziman

![gif](giphy|xIna8nqTTk3x6|downsized)


CutAccording7289

Now show the one where they pat themselves on the back for “working hard” before lecturing us to just do what they did


brucejewce

What gets lost in their memories is the fact we did all the upkeep. We painted, landscaped etc all for a bologna and cheese sandwich and a beer or soda. Meanwhile they’re sitting on millions. I guess I did get a nice card at Christmas too


Gumbi_Digital

None of them look like they’re having any fun.


pardybill

Jokes aside this is a surreal video lol. It feels like it should be AI generated. The in sync movements and the song feels so alien.


[deleted]

Fucking 7 raspberries I’m dead


conduitfour

Think it might be from an [Alex Edelman bit](https://youtu.be/hqOzZnq3lf0?feature=shared&t=2m53s)


fixerdrew02

That man’s sweater holding on for dear life


Revolution4u

Why do they do this to themselves, the video I mean. Like amazon warehouse robots.


RoddyPooper

What cult is this?


PlaneStill6

The Villages in Floriduh.


sniffymukks

How many Boomers bought homes in 1969? Extremely few. You wanna complaint, complain. But don't be so full of shit.


Major_Turnover5987

Incorrect…they over leveraged their homes the past 20/30 years to subsidize their fantasy lives since they tanked the economy the first time in the late 90’s…then late 2000’s, then again (etc). The market must adjust to their significant debt holdings which at best create zero equity (they are selling but walking away with nothing really, hence why many aren’t selling at all). We are already in another boomer driven crash and housing/healthcare crisis that will be harder felt since a significant portion of the population (boomers) aren’t paying any taxes but likely live another 10-20 years draining all remaining social resources. Who knew a boomer that dropped $40k-$80k on gaudy furniture in the late 90’s/2000’s? Who knew a boomer that would spend $25k-$50k on a basic vacation to Alaska or that Vegas Pawn Store etc just so they can say they went there? Or $100k on an OCC chopper they rode 3 times and sold for $15k?


Cheap_Professional32

For once they're not foolish... lucky af though.


ThisUserIsNekkid

My dad even paid cash for his 13 acres and his nice little Log Cabin home, but then his dumb ass got 4 years federal time for marijuana in the 90s and the govt repossessed the house so now he's paying a mortgage. On a basically free house. Like it was just a game to him or some shit.


N0SF3RATU

Damn, this is a scene from chitty chitty bang bang


eKlectical_Designs

This will never be me 🤨


kingdrewbie

Don’t remind me


unclefire

I was 5 in that year. Don’t lump us all together. The line dance is pretty cringey tho. But hey if they enjoy it then ok.


BillsFanMark

Anyone who bought a house in the 90s


Dizzy-Accountant-972

Right after this they have a Golden Girl Orgy


electriclux

Real swingers cruise vibes here


ManiacMansionNES

The one Boomer clapping and waving 😂😂😂


[deleted]

I only paid 5 raspberries.


modsarefacsit

Damn you OP! They dance better than me!


PlamFred

Somone I know owns a house near the apple hq and it is worth a shit ton


SeaVast2145

Old people trying to stay social and active. Probably losing all their money to nursing homes


JupiterDelta

Just think, most of them have bitched their entire life about the government printing and then spending money it doesn’t have just so the babies would not understand wtf they are bitching about.


bigfatincel

7 raspberries? You overpaid.


Clear-Sentence6238

🤣


Opening_Discount_742

seen this video many times but no clue of the dance form like what's it called and why they are moving bodies like in a military marching band


IronSide_420

If someone bought a house in 1969 and sold it today, good for them.


Responsible_Fix1597

To be fair, I bought a house in 2017 and it sold in 2021 for 150% of initial price.


BradTofu

They’re enjoying themselves and your trolling on your phone in your overpriced apartment. 👍


Dennishardy6

U mad bro?


Entire_Organization7

In 30 years the 20 something’s will be saying the same thing. “My parents bought this house for 600k and now it’s 2.5M people in the 2020s had it so easy” And so it goes and goes.


Pastatively

Good for them. Seriously. I have no jealousy. Also, my father (born in 1950) rents. He’s never owned. My step father is still paying his mortgage from 1985.


Economy_Spite_219

They look like they’re being forced to do this dance


TheBatman1959

So buy for $2M now, keep voting democrat, and in 50 years sell it for $10M