27 Out-of-Touch Pieces of Advice People Received from Their Parents and Grandparents

Here’s that contentious economy again, causing more resentment, complaining, and arguments at Thanksgiving than pretty much anything else (other than politics). The older generation often assumes that the housing market is pretty much the same as it was when they were young.

But back in 1980, the median price of a home was 3.5x the median household income. In 2024, it’s reached a record high of 5.6x. Sorry, Mom, but I’m going to have to give this point to the kids: buying a house these days requires a lot more money.