By our generation, who are you refering to?
If baby boomers, you are right. We (I am there) have been the most priveleged world inhabitants in the history of this planet.
My first house was $45,000 - about 150 % of my salary although interest 15 % (just avoided the 20 %).
A 30 year today is likely paying $300,000 or more for a house - likely 4 to 6 times the salary. Interest rates low but at risk of increasing (can't go lower).
Not farm examples I know. Making a farm example and comparing where you started from in your business to today, could you have started your farming career in the current world?
To the rally, how many new commercial farmers were there? Does the current system make it easier or harder for a new farmer to grow their business?
If baby boomers, you are right. We (I am there) have been the most priveleged world inhabitants in the history of this planet.
My first house was $45,000 - about 150 % of my salary although interest 15 % (just avoided the 20 %).
A 30 year today is likely paying $300,000 or more for a house - likely 4 to 6 times the salary. Interest rates low but at risk of increasing (can't go lower).
Not farm examples I know. Making a farm example and comparing where you started from in your business to today, could you have started your farming career in the current world?
To the rally, how many new commercial farmers were there? Does the current system make it easier or harder for a new farmer to grow their business?
Comment