Yup. I think a lot of people just don’t see it.
Inflation has been a constant problem for decades and wages have not kept pace at all. It’s much harder to build a life today. Buying a house or renting an apartment can be very tough in a lot of locations. Many young people “get their foot in the door” with a job only to find out that there is zero chance of promotion or pay increases. It really wasn’t like that years ago (I’m a Boomer). Once upon a time, if you worked hard and played by the rules, good things would come your way. But nowadays a lot of people realize that the game is rigged and they are just wage slaves who are getting screwed by everyone.
Proof that elections have consequences. Vote for free stuff and it is eventually gonna bite you bigtime. Free stuff isn’t free. Imagine what it’s going to cost the next generation after the Zero Gs to buy a house or go to college when you’re competing against 35 to 50 million illegal aliens with race cards.
Gen Z doesn’t stand a chance, and not because of the differences in prices. Gen Z has totally different values and priorities. Gen Z doesn’t want a house or to save money and their biggest obstacle is by far the internet and social media which has brainwashed them into obedient sheeple who don’t know what’s good for them.
They’re getting $20.00 to flip burgers. I got $1.25.
We can genuinely thank the “Boomers” for the problems we have now. They were indoctrinated in colleges. They voted and got all these socialist programs for themselves. Then, the worst, they got in power via he bureaucracy. While the conservative “Boomers” started businesses or went in to the private sector, the liberals spread like a cancerous infection in every government agency they could.
we got diddly for raising our kids....
Things have gotten more expensive but expectations have risen too. Besides that, I married in 1970. We looked at 2 bi-levels, one was a $15,000 house and the other $42,000. Hubby jumped up and down on the floor of the $15,000 and the whole house shook. We took a pass. We couldn't afford the $42,000 house. We bought a single wide, used trailer.
Hubby had college loans to pay off. It was not $500. Gas was a quarter a gallon in Ohio and income was above $9000 a year depending on the job.
Don't believe everything an anonymous poster claims. Where did the figures come from? What studies, done by whom and how many? The economy is trashed, true, but people younger than you expect more than their parents did, or their grandparents.
It’s been pretty obvious for a long time that the US standard of living has been steadily going down for the average Joe anyway. The elites have been doing quite well however.
I don’t care about the plight of those little twerps. They don’t study, and they resist the attempts of their betters to educate them.
look at another post where pelosi and mcconnell, et. al., are seeding the ‘markets’ to take out our money.
America destroyed, not by a foreign enemy, but from within by our ruling class, i.e., the uniparty/deepstate. we have only ourselves to blame, since it is we who have continually elected them.
When He broke the third seal, I heard the third living creature saying, “Come.” I looked, and behold, a black horse; and he who sat on it had a pair of scales in his hand. And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine.”
Revelation 6:5-6
The house across from me sold for $150k. 3 bdrm 1 ba. There are houses available, You just have to get out of high COL areas. In 1990, I got an Accounting degree for free. The company paid for it.
The problem with Gen Z is they value Weed and their “mental health” over everything. They don’t want roommates because “mental health”. They have to drive a new car because same. They have to take expensive vacations because same. It’s amazing how many of them are on anti-anxiety benzos
This comparison is bogus. Newer houses today are huge mansions compared to the little tract houses that were common in 1950. College funding is a scam, but it is taxpayers, not the students, who are stuck with the worst of it now. Lots of states now offer free community college anyway—and anyone who could make good use of a 4-year degree can afford to then finish up at State U (e.g., by working and taking two or three classes at a time) after that without needing a penny in loans.
Ahhhh ...
Another exercise in the stupidity of generational stereotyping.
The left loves to create division ... by age, by race, by ethnicity, by location ... Got problems? BLAME THE OTHER GUY!!!
Even 25 years ago when I lived in Switzerland i could see how much easier quality of life was there. Everyone (90%) was middle class. Everyone was paid 13 months’ salary for 11 months’ work. The 13th month was about the amount of taxes for that year (dependent on canton). The 4 weeks off work allowed every family to travel. People went home for 1-2 hrs at lunch still. Education included job training and licensing. University was free for those who sought and tested into the careers it applied to.
Old people were technically poor but their senior and nursing facilities were free. Your employer covered all accidents even off work (lots of ski injuries). Every family could easily afford semi private med insurance in which most costs were paid. Unlimited sick time from work with MD note.
We have in the USA lost all of these trappings of middle class comfortable life. Some we never had, but middle class life was not bad in the 1970s.
Yes, housing prices are higher than in the past. But let's compare starter home mentalities too. The problem is location and inventory. In "affordable" neighborhoods, the amenities may be fewer while the criminal class may be higher than in more expensive areas. People who bought in the last 10 years or so also have historically low mortgage rates and are less than willing to sell if they have to buy and refinance.
I think one of the things that seems lost on the Gen Z crowd is that our housing system was traditionally based on married couples buying homes. I see a lot of young singles trying to float a household on their single income. That was hardly the case back in the day.
People buying property for Air BNBs and the like killed the markets in high tourism areas. Those used to be available housing. Now they are BnBs for the casual tourist.
The work from home wave sent people out for rental units in Urban areas and they bought up the capacity in suburban and rural areas.
These things, in and of themselves would not ruin a market. But combined over a short time along with record low interest rates and you have available units getting sucked out of the market—which just drives up the retail price.
Yes, it does suck for these kids. It’s going to take a long while for the system to shift in order to accommodate them. Sadly, its going to take the deaths of the boomers to open up the log jam.
QUIT electing Democrats and life will dramatically improve.
Crooked Republicans will then be easier to root out.
Many GenX, GenY and Millennials think Boomers designed this mess. We were on the bottom of the pile while our parents and the politicians they elected were living some Keynesian dream rapidly becoming a nightmare.
Talked to a Millennial the other day. He and his girlfriend we shocked that his boss wanted him to start at the ridiculously early time of 8:30 AM.