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How Boomers blocked the open road Americans can no longer afford to move

Gen Z is far too comfortable. Photo by Angela Rowlings via Getty Images

Gen Z is far too comfortable. Photo by Angela Rowlings via Getty Images


December 3, 2024   8 mins

For Americans born in the Eighties and early Nineties, moving was a normal, expected, and alternatively exciting and devastating part of childhood. If your family didn’t move, your friends did, or you made friends with the new kids who enrolled in your school each fall. Why? Because you parents were Boomers, and Boomers liked to trade houses and trade jobs; it was a kind of mania with them.

It was second nature. Boomers who bought homes in the Eighties could buy bigger homes in the Nineties, and Boomers who bought homes in the Nineties expected to buy bigger homes in the 2000s — and they did, until 2006, when house prices peaked. 

Moving was a way to play the housing market, but it was also a way to play the job market, as the American economy was, at the time, markedly more heterogeneous: different regions made different things for different reasons. Mobility was a symptom of my parents’ generation’s confidence, values, and savvy. 

In Bethlehem, Pennsylvania, where I grew up, as well as the greater Lehigh Valley, during the Nineties encapsulated this. Tens of thousands of new families poured in, not only from the nearby New York City area, but also from around the country, drawn by a confluence of factors: the areas mostly successful transition from the decline of heavy industry; ample, convertible farmland for housing; numerous colleges and universities; proximity to major cities. Families could move confidently with the assurance that a good job, solid schools, and safe neighbourhoods would be waiting for them.

“Mobility was a symptom of my parents’ generations’ confidence, values, and savvy.”

With the exception of recessions in the early Nineties and after the dot-com bubble burst, the economy was superficially strong in this era. It seemed like there would be a new kid on the Little League team every year whose parents had gotten a job at AirProducts — an industrial gas supplier, which replaced Bethlehem Steel as the largest local employer — or at a regional hospital, law firm, or university. Unlike today, a robust housing market, and a strong stock market directly correlated to the ability to build a stable life. 

Most of my friends lived in new suburbs around Bethlehem, which were much bigger than the house I grew up in. My family, on my dad’s teacher salary, which essentially tied us to the state where he would receive his pension, wasn’t quite able to participate in the civilisational luxury of upgrading homes or moving across the country, and I remember feeling implicitly marked by this social distinction.

Adulthood, according to the models my friends and I had around us (our parents), meant something like: you picked the place you wanted to live and then you picked a house out according to your means. Almost all the families I knew growing up, however, whether they lived in two bedroom bungalows, or five bedroom McMansions, owned their homes, and it was ownership which seemed to draw them to the area. Pleasant stasis, not contingency, was normal — a normal which my generation could only assume they stood to inherit. This was a myth, but a powerful and universal one. Why else did we go to school, study, apply for summer jobs and internships? Why else were we treading on the wheel? 

Before I graduated from high school, I began to observe the first hints of downward mobility in the early 2000s suburbs —  what is now known as “China shock” produced job losses. I saw the parents of friends lose white-collar jobs and struggle to get them back; I saw the first hints of opioid addiction. But this was never really talked about openly: the dark auguries of class descent. Whether we knew it or not, the children of buyers were growing up to be renters.

Class ascent, powered by increasing property values, however, was still the expectation. The idea that everybody should own a house was a major part of American electoral politics, and home ownership was close to attaining the status of a universal American right. “We want everybody in America to own their own home,” George W. Bush declared in 2024. “That’s what we want. This is an ownership society.”

The promise — the rhetoric of the promise — of an ownership society was a major reason, I suspect, that Bush won twice. Ironically, that dream would end abruptly in 2007 and 2008 at the end of his miserable second term. The Boomers, or enough of them, voted for a politics that underwrote their economic priorities — stocks, houses — without considering that they were depleting the well that their children would drink from.

I was a sophomore in college when the housing market collapsed, and buying a home became categorically harder in diffuse ways that I can only gesture to here (lower supply, lower real wages, rising prices, an uneven recovery, stricter lending practices). My generation entered the workforce without the confidence of our parents: that sense that we could make demands of our employers, contract builders, flip homes, and negotiate moves around the country, has never been part of our reality.

I moved to Brooklyn, and I felt lucky to live in Brooklyn, sharing a bedroom outside of gentrification territory for $425 a month. Jobs for young people, especially with humanities degrees, were scarce, and I thought that the girl who lived in the other bedroom in our apartment by herself, and had a job as editorial assistant was rich, comparatively. Lucky. 

For many of my friends who grew up in the prosperous, sheltered exburbs, the 75-mile leap to New York City, however, was a little too far, a little too risky. I was delusional enough to think I could make it as a writer, but it was vanity, not reason, that pushed me towards New York. After the Great Recession, risk aversion made more sense; risk aversion was the mode, not our parents’ expansiveness.

Now, almost 15 years later, most of my friends from high school live either in the Lehigh Valley or thereabouts. We didn’t spread with a Boomer-like indifference to our roots around the country. We hunkered down.

And have stayed that way. Today, Americans are moving less than ever, with interstate migration declining to half of what it was in the early Nineties (down from about 16% to 8% according to the Brookings Institute). According to the New York Times, more broadly, Americans in the 2020s are moving at the lowest rate since the Census Bureau began tracking mobility in the Forties. This trend is supported by other recent studies; it’s also supported by vibes.

American mobility is produced by dynamism and optimism, the amount of heat given off by its economic engines; it also drives it. The mobility boom over the second half of the 20th century reflected civilisational and generational exuberance; in turn, widespread arbitrage opportunities in the job and housing markets gave families the economic confidence to grow. Even while deindustrialisation, Reaganism, and Clinton-era free trade all produced different kinds of economic turbulence and shock, mobility and ample affordable housing were America’s great cushion and advantage. Arguably, intra-regional mobility replaced the frontier of the 19th century: the simultaneously imaginative and real place that Americans could go for greater opportunity.

This century’s decline in mobility, therefore, has not only had massive, if subtle, political and social ramifications, but reflects different modes of demoralisation that have become endemic to American life. This cyclical relationship is perhaps best exemplified by the opioid crisis in the rural and post-industrial parts of the country: decreasing property values, depressed wages, addiction all contribute to low mobility; low mobility in turn drives further despair. If you aren’t an accredited, elite cognitive worker, you don’t really have the opportunity for career arbitrage, the ability to get out. Opioid addiction both marks your condition and accelerates it.

For different reasons, younger urbanites are also increasingly, if less despairingly, trapped — by college debt, rent, inflation, stagnant wages, and the consumerist habits of their wealthier parents. They don’t move — and I speak here from personal experience — because the moderate pleasures they’ve won from the big city are too fragile, and the margin for error, for risk, are shockingly thin (one to two months savings).

Looked at more broadly, because buying a house or apartment is too risky, Americans have to delay a first home, because they delay buying a first home, they have to wait longer and longer to see its value increase, and because they have to wait longer, they have less opportunity to seek new opportunities. In the meantime, Boomers buy more homes.

It’s hard to get settled, so the prospect of re-settling is unsettling. People my age or younger, as a result, don’t feel they have enough cushion to have a child, let alone several children — who would drive them to seek out new places, new homes to raise their families in. I’m positing a cyclical relationship between mobility and fertility: having families drives people to take risks on new places, new homes, new jobs. You’re not going to give up the one bedroom in Brooklyn unless you have a compelling reason to. The suburbs are only romantic when they’re filled with young families. As a consequence, in the long run, a diminishing birth-rate also means, ironically, home values are less secure, school districts shrink, jobs shrink, big cities, where there’s still excitement, full of all the younger people.

“It’s hard to get settled, so the prospect of re-settling is unsettling.”

And while the loss of what we might call the “interior frontier” clearly has an economic aetiology, there are complementary cultural factors which, I suspect, would limit American mobility even if it became significantly easier and cheaper to buy homes everywhere. Namely — while they still exist to a degree — regional differences have been reduced by the Internet and the smartphone; the local has been subsumed into globalised mass culture; Americans still have accents, but they now have DraftKings, porn, dating apps, social media, and more: they all have the same homogenising algorithms in their brains. And AI promises to make us more the same than ever. Homogeneity, in another irony, discourages heterogeneity — crossing regions, dialectics, cultural modes — because the reward, the level of difference, is so greatly diminished. The only significant American migration in the 2020s — conservatives from the coasts moving south — is premised on seeking difference; but aside from political polarisation — how different are people whose lives are largely mediated by technopoly?

Americans born after 1980 don’t just have less economic confidence, but they have a reduced sense of adventure, less of a sense that it makes a difference to go somewhere different. While Americans travel abroad more frequently than in the past, this seems more like a credit-card empowered cope rather than a compensatory benefit. Living for three months in Mexico City on savings from that one really good paying tech job that ended in 2022 is different from repeatedly building a new life in different parts of the country, as was common in the mid to late 20th century.

Mobility is a two-part equation: the confidence that you can go somewhere and the confidence that where you’re going is worth the trouble. Simply put there is no point in moving if you’ll be scrolling on your phone in a room lit by LEDs no matter where you go; or if you’ll be on a Zoom call for work no matter where you’re working. Starlink, for example, while it may have the admirable benefit of allowing people in rural places to communicate more easily, and provide access to uncensored reportage that may not be found on TV, still threatens to flatten. The final tragedy of the material commons may be that it becomes indistinguishable from the digital commons. Soul is the last resource of the community, and the last resource to be extracted.

So while it’s clearly harder, more frustrating, and riskier to buy a decent home almost anywhere in the country, and the opportunity cost of moving around is higher than it has been in maybe a century, there also has to be a point to moving. 

The decline in American mobility is partly an economic and political problem, and partly a spiritual one. And, like with all complex problems, there are no obvious solutions. And yet, so much hope comes from articulating a sense of lack, acknowledging that there is a missing predicate in contemporary American life. In a deep, historical sense, the New World represented a rejection of feudalism, of people and their labour being tied to the radius around the place they were born. Mobility is the economic expression of the underlying drive to escape towards the horizon. If there is a solution, it may just begin with looking up.


Matthew Gasda is a writer, director, and critic. He is the founder of the Brooklyn Center for Theater Research. He has three books forthcoming in 2025.

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Caradog Wiliams
Caradog Wiliams
1 day ago

I am a Brit, but we have similar issues. The whiney nature of this article misses one key point – that previous generations (which he calls boomers, because it is a cop out) made life so easy for him that his expectations were that he should automatically own his own home, an American right.
When American was great, people often had a main job and other weekend jobs. They got up at 6am for a long commute to work. On the few times that I visited California, I was stuck on the freeway for hours because people had to do 2 or 3 hour commutes – the smog was famous. I worked for a company in mid-America and staff there often volunteered for extra hours to ensure that the shipment went away on time.
Back in the UK, there are definite problems if you want to buy a house, especially if you have a student debt. But why would you do a useless degree like Humanities if you wanted to do something with your life? Better to get a job at 16 and start saving at that point. Or get two jobs or three jobs.
Basically, old people have brought up their children to be lazy. Not to do things but to sit in their rooms playing with the internet. There is a family near me with two children, both doing Media Studies degrees, both are destined to have no proper work. Why Media Studies? – because it sounds fun. Why not Engineering? – because it sounds boring? Why not get a routine job at 16 or 18? Boring….

Robert
Robert
1 day ago

Agreed. This line stuck out to me from many:
Living for three months in Mexico City on savings from that one really good paying tech job that ended in 2022 is different from repeatedly building a new life in different parts of the country, as was common in the mid to late 20th century.
The only people I knew who were ‘repeatedly building a new life’ were doing it because they had lost their jobs. They had to move because they needed work. I know there were others doing what that phrase implies. But, the writer seems not to realize just how many people were ‘downsized’ throughout the ’90s and ’00s and THAT is why they were moving around.

Last edited 1 day ago by Robert
Deb Grant
Deb Grant
13 hours ago
Reply to  Robert

They were moving for better jobs and better housing, that’s upward .mobility and we need more of it.

AC Harper
AC Harper
1 day ago

Agreed. I rate the article as needing a size 3 violin (not the smallest size 1, or the largest size 5) to play in the background. Yes there are modern issues to contend with yet many people in the States are moving out of highly politicised and expensive areas to cheaper ones.
For example more people are moving out of California than are moving in from other states, although immigration from other countries is still positive. So moving can still be done, just not so easily.

Mark M Breza
Mark M Breza
1 day ago

The implication is that Real Estate is the MAIN driver of inflation, migration and land squabbles against newcomers because of extreme localized paranoia .

Billy Bob
Billy Bob
23 hours ago

It’s easy to blame the youngsters, but to do so you have to ignore the fact house prices are triple what they were for previous generations (in terms of ratio to wages). My parents are grandparents were both able to buy 3 bed family homes on a single average wage (neither had second jobs, and not did any of my mates parents/grandparents despite protestations on here), something that’s largely impossible now. 2 jobs means two cars, two lots of expensive petrol and hideously expensive childcare for the children, all extra expenses the older generations didn’t have.
On top of that a degree is now an entry requirement for many jobs that didn’t require one in the past (and doesn’t pay a graduate premium for it either) which means many are lumbered with large student debts on top of the expenses previously mentioned.
Throw in record rents, stagnant wages, high levels of taxation and it’s easy to see why youngsters are bitter about what they’ve inherited, especially when the older generations are sitting on the bulk of the wealth and haven’t put anything away to pay for a looming pension and end of life care financial timebomb

Last edited 23 hours ago by Billy Bob
Billy Bob
Billy Bob
9 hours ago
Reply to  Billy Bob

I’m intrigued to know what those who downvoted me disagree with?
Have house prices and rents not skyrocketed? Are taxes not at high levels, or student loans and childcare costs not prohibitively expensive? Have wages not been stagnant?

Caradog Wiliams
Caradog Wiliams
7 hours ago
Reply to  Billy Bob

The problem for me is that you (and most others) are taking selected bits of history which suit your opinion. Without data, I would assume that house ownership has grown over the last 100 years as Britain has been one of the most wealthy countries in the world. Fine when the money was there but now it’s not. There is still an expectation that house ownership will continue, even without the money.
First you need the wealth, then you get the houses. You seem to be suggesting that previous generations have been selfish and they haven’t.

UnHerd Reader
UnHerd Reader
1 day ago

While I agree this is probably indicative of a socio-economic problem, I can’t really fathom moving that many times in my life. I could do it financially, I just wouldn’t want to. What is the appeal of uprooting yourself from social networks and familiar goods and services? Especially on kids, that sounds kinda terrible, you’d think ideally you want to be near grandparents/other family. If you really want to see a place, just travel. Hell, be a nomad in a camper van for a few months.
I also don’t see the appeal of a gigantic house, as well one of poor build quality like a lot of McMansions. It’s just more maintenance bills for rooms you probably aren’t going to use. Plus all the admin that actually comes with moving.
Maybe if it was for a great job, but often, how enjoyable a job actually is ends up being dependant on company culture, and you can’t know that until you start. If it’s terrible, you’ve sunk a massive amount of time and effort into being miserable.
That was very negative. But to put a constructive spin on it – I wonder is less moving might be a sensible cultural shift. Maybe the Boomers were weird here.

Norfolk Sceptic
Norfolk Sceptic
1 day ago
Reply to  UnHerd Reader

It probably looks good in the national statistics, so Liberals are told it’s good.

T Bone
T Bone
1 day ago

With every improvement in technology the world gets functionally easier but as expectations grow, people get less satisfied with available options. There’s no doubt it used to be much easier to buy a home but people generally weren’t buying turnkey homes with an expectation of top quality schools, restaurants and medical clinics nearby.

You can still find reasonably priced homes 20-30 miles from bustling suburbs but most people can’t deal with the difficulties of rural life. All the upkeep and the lack of modern necessities near-by is a deal killer. Very few know how to fix up a home and develop their own property. Without a class of self-sufficient home owners, everybody gets condensed into more competitive suburban and urban markets.

Policies that make it easier to own a home are welcomed but collective action through legislation is not going to solve the problem. You need more people to develop that self-sufficient pioneering spirit that America was founded on. A culture of building, fixing and maintaining your own property and gaining satisfaction through stewardship of that land is the answer.

Billy Bob
Billy Bob
1 day ago
Reply to  T Bone

This is a cop out I’m afraid, blaming the young for the problems they’ve inherited.
High house prices, record rents, large student debts, stagnant wages, insecure employment, high taxation and a looming crisis to pay for the pensions and end of life costs of a generation who have put nothing away for it are the reasons the young are struggling, not because they’re entitled or lack a pioneering spirit!

T Bone
T Bone
1 day ago
Reply to  Billy Bob

Nowhere did I blame the young for the crappy, collectivist culture they inherited. The Orthodox Marxist position that everything is downstream from economic conditions is easily falsifiable.  A collectivist culture can not sustain a functioning economic system in a Democratic system because the Leviathan of state-backed rights and guarantees keep growing bigger and bolder. 

Politicians are incentivized to continually create more economic guarantees to get elected.  Minimum wage laws are inflationary, price caps cause shortages and shortages produce inflation.  Expanded entitlements ultimately require governments to print more money which is the key driver of inflation. 

So yes, you’re going to have extremely high costs of living in highly collectivized, large scale economies that do everything possible to negate the dignity of self-sufficiency.  The reason the Left can’t relate to the “working class” is because the working class takes pride in doing difficult work for minimal acclaim.

Terry M
Terry M
1 day ago

American mobility is produced by dynamism and optimism, the amount of heat given off by its economic engines; it also drives it.
Indeed, but you missed the elephant in the room: interest rates. Interest rates were dropped to near zero after the financial crisis and this caused a decade-long explosion of real estate prices. Then, when the Biden administration wasted $3.5 trillion on Covid (too late), and Inflation Reduction (really a giveaway to green cronies), inflation kicked in with a vengeance and the Fed raised interest rates back to reasonable levels. All those people who had 2 or 3% mortgages were frozen in place when they faced 6 or 7% interest to change homes which were 20 or 30% more expensive as well.

Mark M Breza
Mark M Breza
1 day ago
Reply to  Terry M

Which are all initiated by ever rising home prices .
The main driver of other rising prices .
God Bless the Lords of the Land !

Alex Lekas
Alex Lekas
1 day ago

Less mobility is also a by-product of a mobile age. One can change jobs without having to change home offices. The same digital universe that shrunk the world and opened one’s job prospects beyond the immediate area has now provided the opposite effect. Some might call it a benefit.
Plenty of people left big, crowded cities when the remote movement kicked in, finding more affordable, pastoral settings conducive to quality of life while keeping their previous jobs. The cost of living differential made for a sort of salary increase. What this has to do with Boomers is unclear; remote work was new to most of them, too.
The idea that everybody should own a house was a major part of American electoral politics, and home ownership was close to attaining the status of a universal American right. ——–> About that. It is NOT the role of govt to cater to your housing requirements. If anything, govt action in numerous cities has done more to harm home building than to help it through various rules and regulations that make construction cost-prohibitive. Quit blaming the Boomers, take some ownership, and quit voting for people who are not serving your interests. Those officials work for you, not the other way around.
Also, a humanities degree in New York is a shaky combo. What’s wrong with applying that degree in some place that is not New York, somewhere closer to home, or god forbid, a smaller town where 24/7 food delivery is not common? Finally, there is the matter of more than decade’s worth of nearly-free money to be borrowed. I’m among the beneficiaries of that and it carries an odd tradeoff given today’s interest rates: people are NOT selling homes because the deal they have is far better to the one they might get.

Last edited 1 day ago by Alex Lekas
UnHerd Reader
UnHerd Reader
1 day ago
Reply to  Alex Lekas

Even more banal: why move when your 30 minute commute to this side of the city becomes a 40 minute commute to the that side of the city? Increased urbanization–the concentration of people and jobs in proportionately smaller areas–means any given job change is less likely to require a move.

Chris Roberts
Chris Roberts
1 day ago

It seems to me that confidence to do anything is rather more personal. Every generation has its challenges (WWI, Great Depression, WWII, Vietnam/Civil Rights era, etc.) but people somehow overcome the challenges and succeed. Or not. But rolling over and pulling the sheets over your head because you believe your generation lacks confidence (or didn’t have the so-called advantages of other generations) means you’ve quit before you’ve started. People in previous–or any generation–succeed not because of perceived advantages but in spite of recognized challenges.

Pete Pritchard
Pete Pritchard
1 day ago

Why would you move if you like where you live?

Santiago Saefjord
Santiago Saefjord
1 day ago

You said it yourself. People who have kids get a rocket up their arse to improve their lives and material situation.

Those that don’t generally languish in between self aggrandisement about being “free” and self flagellation by superficial (self)consumption.

But you did say a very true thing, having seen the deadened aspects of the USA:

“Mobility is a two-part equation: the confidence that you can go somewhere and the confidence that where you’re going is worth the trouble. Simply put there is no point in moving if you’ll be scrolling on your phone in a room lit by LEDs no matter where you go; or if you’ll be on a Zoom call for work no matter where you’re working. Starlink, for example, while it may have the admirable benefit of allowing people in rural places to communicate more easily, and provide access to uncensored reportage that may not be found on TV, still threatens to flatten. The final tragedy of the material commons may be that it becomes indistinguishable from the digital commons. Soul is the last resource of the community, and the last resource to be extracted”

Nowadays I search Reddit like a madman trying to compile a sense of what each city and state is like, if it will be alive or just another cookie cutter soulless nightmare. In many senses this is a spiritual problem. Both mine and societies. I shouldn’t need to think like this and society shouldn’t be that way but here we are.

Overall I think we are just going to suffer for our future, I have my kids so it feels worth it but I do feel sorry for those who jump around never finding a home. I.e. a place that feels that way, who cares whether you own a house, what you need is community not goods.

Norfolk Sceptic
Norfolk Sceptic
1 day ago

“Jobs for young people, especially with humanities degrees, were scarce ….”
I knew that in the mid-Sixties, while at school, and with the expansion of universities, the situation has become worse, especially for those who don’t ‘live their subject’. When will this dawn on these so called intelligent undergraduates? Yes, a few will do well, but they are the exceptional and, surprisingly, (or not), not everyone can be exceptional.

The US, in fact, the West in general, is not supplying what people are buying: that is, manufactured ugoods. So, for those that want to ‘improve their mind’, with an Arts or Humanities degree, the future isn’t what it might have been. What is so disappointing is that the political bubble has not highlighted this, and kicked the can down the road. So much so, that even those that have chosen to study STEM subjects or learn a trade find that manufacturing is happily allowed to decay, so that the Creative Arts can be promoted. But this facade will fade when they run out of other people’s money.

And, as several posters have said or implied, success is having the family you want, the job you want, and the neighbourhood you want. Everything else is just the result of most people attempting to achieve that. And moving is a sign of change, not necessarily of success.

I’m still wondering what the author gained by doing a Humanities degree, apart from ending up as a naive Liberal.

kate Dunlop
kate Dunlop
1 day ago

Goodness, what an egotistical, self-centred, and entitled piece. Do young people consider it rational to blame their parents, whether they are “boomers” or not, for their lack of drive and resilience? Stop gazing at your navel and get on with life- it is the only one you get.

UnHerd Reader
UnHerd Reader
1 day ago
Reply to  kate Dunlop

This article is full of conclusions about boomers drawn from broad generalizations and one-off experiences by the author. More ridiculous boomer bashing disguised as the author’s profound revelations.

AC Harper
AC Harper
1 day ago
Reply to  UnHerd Reader

I have this theory, which is mine, that history is like gravity in that the significance of history is inversely proportional to the square of the duration from the present. So the significance of previous generations lasts as long as memory… the significance of the boomer generation is already hazy in the most recent outlooks. The accuracy fades as well as settling into generalisations.
The prior generations such as the Silent Generation (born 1928 to 1945), the Greatest Generation (born 1901–1927) , and the Lost Generation (born 1883-1910) hardly merit any attention or criticism.

Last edited 1 day ago by AC Harper
UnHerd Reader
UnHerd Reader
1 day ago

Interesting observation that soul is the last resource of community.

My adult son is considering relocation with the primary purpose of being close to a good church (we are sedeprivationist Roman Catholics) in the hope of finding like minded souls and a wife to start a family. The secular world and “synodal” Catholic Church have become deserts.

Planning to visit for Holy Week and Easter. Pray he succeeds.

Billy Bob
Billy Bob
20 hours ago
Reply to  UnHerd Reader

Limiting his options to only Catholics narrows the field somewhat doesn’t it? Tell him to just sh*g anything that moves and he’s more likely to find one he likes

John T. Maloney
John T. Maloney
1 day ago

Greenfield housing development, aka suburban sprawl, is a Ponzi Scheme. Ever-increasing growth and accompanying tax revenue streams are attractive, but they are never enough to maintain the existing suburban infrastructure. The siren song of Boomer prosperity is alluring, as always. Power, water, roads, sidewalks, etc., are costly and far more than the modest city revenues can handle. The death spiral is set. The chickens have come home to roost. Cities are going bankrupt. Unfunded liabilities are destroying the so-called American Dream. Yet, the farce continues.

Nancy Kmaxim
Nancy Kmaxim
22 hours ago

If “boomers blocked the open road “ it was by encouraging their offspring into anxious, risk averse “habits “. Fortunately habits can be broken. Go for it

UnHerd Reader
UnHerd Reader
1 day ago

Yeah, but…. Adam and Eve started it!

Richard Ross
Richard Ross
1 day ago

Extremely interesting article, marred only by the fact that The Editor – does UnHerd exercise those? – seems to have slept thru it. Wow.
As a Boomer, I fully accept the damage done by our lazy parenting and entitled social demands. Many signs of repair work being done by our kids, tho.

Dave Canuck
Dave Canuck
1 day ago

The author forgot to mention that US boomers lived well by increasing the national debt from 1 trillion in 1981 under Reagan to 36 trillion today, and likely headed to 50 trillion shortly after 2030. Boomers need to be congratulated for this legacy which they will be passing on to the next generations who will have to live with the economic nightmare which is coming from out of control debt. And it’s not only the US , it’s also the UK, EU and other G7 countries. Why is a home worth a million, instead of 100k ? Thank the debt. It’s a huge ponzi scheme.

Mustard Clementine
Mustard Clementine
1 day ago

I think there is mobility, but it’s more about deurbanization – driven by limitations, rather than opportunities. People are moving where they can still afford to live decently. Remote work has helped with this, offering a chance to rethink where and how people live and work more thoughtfully. While it might be sparked by limitations, it also opens the door to new opportunities – not just for the laptop class but for locals too, as new residents create demand for local shops and services. It also gives post-industrial places a chance to reinvent themselves and even gain an edge over already overdeveloped cities. I find myself musing on this often. I think part of the problem is that we’re too focused on how things used to be and not focused enough on imagining how they could be.

Christopher Chantrill
Christopher Chantrill
15 hours ago

Yes. Life is tough for the young’uns today.
But let’s just take one issue: home prices. Problem is that the US gubmint has been subsidizing mortgages since 1938 using fixed price 30 year government bonds to fund fixed 30 year mortgages with low down payments.
Back in the day borrowers had to refinance every 10 years at the going interest rate. And come up with a 50% down payment. Do you see that fixed 30-year mortgages with low down payments cranks up home prices and makes it harder for the young’uns to buy in?
And that is before we talk about limiting housing construction in order to save the environment. In Britain that started with the “green belts” around London right after World War II.

Carmel Shortall
Carmel Shortall
1 day ago

‘BOOMER’ HATE ALERT!!! Did not read.

Dee Harris
Dee Harris
1 day ago

But I was always told that renting made moving easier?

edmond van ammers
edmond van ammers
20 hours ago

I work in the mental health field. On average, children do better when they grow up in the same suburb through their whole childhood.

Deb Grant
Deb Grant
13 hours ago

Oh the politics of envy – this time directed at an older generation who moved themselves for more and better jobs and bigger homes for growing families (and didn’t demand 4 day weeks). It’s called social mobility. It also expands cultural horizons and puts people in jobs where they’re needed. The industrial revolution that created the rust belts wasn’t a boomer invention, it was the result of progress, just as the fall out from AI will be.

Most young people start out relatively poor, but where you start doesn’t mean that’s where you end up. It’s called aspiration, and usually bears fruit with the time it takes time to gain skills and experience to command better pay – but sometimes you have to move to get it.

A favourite element of my life is that I’ve lived in 2 distant regions of my home country and 2 other quite different countries.

Are millennial and Gen Z too fearful?

mike flynn
mike flynn
6 hours ago

Nice perspective piece. Here’s another. As a boomer, I had no idea what a starter home was. I bought a small place and grew 4 children in it. About half the people I knew moved around, local and ling distance.

The G.R. and real estate collapse, caused mostly because of bad housing policy granting mortgages to anybody for the previous 10 yrs.

Since then boomers, myself included have acquired more than one home. AirBnb adds to scarcity. Wall st money is now involved in buying up not just apartments , but private homes as an asset class. So low inventory pushes up prices.

Add to this scarcity college loan debt, the desire, as the writer says, to live urban where rents in NYC start at 3000 for studios, and higher down payment requirements, many 20-35yr olds will remain rent poor nomads moving around to keep rent down. And then the high pay tech jobs began to evaporate at the end of covid and rise of AI.

Gotta reset priorities and reinvent ones self.

Mark epperson
Mark epperson
1 day ago

Interesting. A little whining but the author is right on in a number of categories. My son was born in 1975, and my daughters in 1985 and 1989. Each of them had a totally different job and economic situation. My son had plenty of opportunities and decent starting pay and has done well. My 1985 daughter has fewer job opportunities and the pay wasn’t as good. My 1989 daughter came out of college in 2012 with very few opportunities and the pay sucked. They are all doing fairly well and my youngest daughter just bought her first house with our help. The Boomers and early Gen Xers have screwed the millennials and Z’s with their greed and control.
The great majority of college graduates are basically indentured servants for at least 20 years. Housing prices are 559 percent higher in 2024 than in 1975. The average cost of a car in 1975 was $5000, in 2024 it is 25,000. Median income in 1975 was $10,000, in 2024 it is $75,000. These are not starting wages.
I told my kids that if I were in my 30’s. I would be at the barricades and going after the greedy geezers and Xer’s. I have a feeling that Gen Z feels this way and I certainly hope they follow through. I can see why the young folks would like socialism as we had screwed them.

B Joseph Smith
B Joseph Smith
19 hours ago
Reply to  Mark epperson

You state housing is 5.5×1975 prices and cars are 5x 1975 prices, but median income is 7x 1975 levels. What’s your point?

R.I. Loquitur
R.I. Loquitur
15 hours ago
Reply to  B Joseph Smith

Doh!