“Xers saw their parents suffer through gas rationing, stagflation, the great market crash of 1987 and the housing bust of the early 90s; we graduated college just in time for the horrible employment market of the early 90s, saw our 401ks evaporate during the tech bubble crash and now many of us are priced out of homes due to this ridiculous housing bubble.”
I’m a Gen-X’er, so I can’t really argue with that. Matches my life pretty well.
I do know, however, a fair amount of folks in my age group that have indeed been riding the equity train from one bubble to the next and are in for a rude awakening when it runs out of steam.