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re: Great YT video "How the US Is Destroying Young People’s Future"
Posted on 5/6/24 at 8:51 am to lsupride87
Posted on 5/6/24 at 8:51 am to lsupride87
quote:
Group A: has to run a mile in 6 minutes
Group b : has to run a mile in 5 minutes
You: “group B doesn’t have it harder I ran the mile just fine”
Neither group has to do either of these things. Just pick a field with jobs available that needs people. It's really that simple. It isn't hard to figure out.
3
Posted on 5/6/24 at 8:52 am to lsupride87
quote:
The amount of people that post outlier stories thinking it means anything is wild to me
These aren't outlier stories. They're the norm. You can easily find a good house in your price range in a city (not sure why this would be the goal), or the country, or whatever sort of area you want to live in. It just might not be the EXACT place you've always hoped to live. That isn't a hardship.
This post was edited on 5/6/24 at 8:55 am
Posted on 5/6/24 at 8:53 am to lsupride87
SS wouldn’t even be that big of a deal if the entities that ran it actually knew how to invest, and you could keep the greedy government from raiding it.
Posted on 5/6/24 at 8:53 am to The Eric
quote:
SS wouldn’t even be that big of a deal if the entities that ran it actually knew how to invest, and you could keep the greedy government from raiding it.
Should have allowed opt-outs from the beginning.
Posted on 5/6/24 at 8:56 am to imjustafatkid
quote:
Just pick a field with jobs available that needs people. It's really that simple. It isn't hard to figure out.
Posted on 5/6/24 at 9:00 am to imjustafatkid
quote:
Just pick a field with jobs available that needs people. It's really that simple
Youre debating people who think the world is pre-ordained and dont believe in merit.
Anyone not working a decent paying job by now is either willingly poor or just not smart enough to compete in the modern economy
Posted on 5/6/24 at 9:01 am to imjustafatkid
quote:Nobody is saying it’s impossible today
These aren't outlier stories. They're the norm. You can easily find a good house in your price range in a city (not sure why this would be the goal), or the country, or whatever sort of area you want to live in. It just might not be the EXACT place you've always hoped to live. That isn't a hardship.
But nothing you say will change the fact that due to the price of goods and real estate compared to the salary median it’s harder today to get by
It’s a simple fact that you can’t try and change with anecdotal stories
This post was edited on 5/6/24 at 9:02 am
Posted on 5/6/24 at 9:02 am to tigerfoot
quote:
correct young folks don’t want a starter home.
Just looked up my first house and it’s worth about $95k today.
Look, I think young people just getting started have more difficult obstacles in some ways. But there’s no question that a lot of them have sky high standard of living expectations compared to previous generations.
Posted on 5/6/24 at 9:03 am to Saunson69
quote:
If only 15% of people can buy a house, then housing will simply go unoccupied. A change will happen in my opinion just due to simply there not being enough money to meet seller demand. Would not be surprised if the S&P 500 is lower in 10 years than it is today. Sub 5,000.
And yet you mentioned earlier "the government should step in."
This will correct itself.
Posted on 5/6/24 at 9:05 am to Mo Jeaux
quote:
There are tons of good paying job fields where what I stated is the norm. As an auditor CPA, I can tell you my field is desperate for people and we pay GOOD. That is throughout the country. You will have a hard time finding a CPA firm that isn't always hiring. It has been amazing for my career. My salary is limited only by the amount of job hunting I'm willing to do. My oldest is going to school for engineering and you'd be shocked at the money being thrown into that field by companies that are desperate for people.
It isn't just college degree-required roles either. You don't have to go to college to find fields that are desperate for people. Hire a local plumber, electrician, AC guy, heck even a guy who's done landscaping for most of his life. Ask him how hard it is to find someone who wants to come work for him and learn the field. If they don't have relatives who want to take it up, I'd wager 90% of them will tell you they can't find help that sticks around for longer than half a year and learn the trade. That's certainly what they tell me.
ETA: The real problem is the people of my generation, and younger, want to have everything while working at McDonald's.
This post was edited on 5/6/24 at 9:11 am
Posted on 5/6/24 at 9:10 am to lsupride87
quote:
50 years ago Americans could live just about anywhere and with a solid job could build wealth with real estate
Home ownership rates have always been 60-68%%. In 1974, it was 64%. Today it's 65.7%.
It's not the affordable part, it's the desirable location spots.
Posted on 5/6/24 at 9:11 am to Cdawg
quote:
It's not the affordable part, it's the desirable location spots.
Most of those folks have fooled themselves into thinking the undesirable locations are actually the desirable ones. They'll learn the hard way.
Posted on 5/6/24 at 9:20 am to DrrTiger
quote:There are elements to this that are true, but this idea that the current generation simply isn’t willing to purchase those homes is flat out bullshite.
Look, I think young people just getting started have more difficult obstacles in some ways. But there’s no question that a lot of them have sky high standard of living expectations compared to previous generations.
If that was the case, there would be a glut of that type of home on the market sitting empty and unsold.
That isn’t the case.
Those houses are being purchased.
This mindset goes along with the “if only you wouldn’t buy Starbucks weekly, you could afford a home”.
It’s a false narrative.
Posted on 5/6/24 at 9:36 am to Saunson69
If people would not just accept the prices and learn to go without more, prices would come down some. I say some because the government is spending us into oblivion and tanking the dollar.
Posted on 5/6/24 at 9:40 am to baobabtiger
Then why is it when you try to go buy the house that hasn’t been updated in 30 years with older features, it costs as much as or more than the modern spec home?
Posted on 5/6/24 at 9:41 am to imjustafatkid
quote:
There are tons of good paying job fields where what I stated is the norm
A shite load of good paying jobs.
The issue is most are blue collar/skilled. Kids are terrified of the stigma.
Posted on 5/6/24 at 9:42 am to tigerfoot
quote:L Boomer take. Pretty sure inflation and decades if voting for crappy politicians caused this.
What went wrong is cultural
Posted on 5/6/24 at 9:43 am to Scruffy
quote:
If that was the case, there would be a glut of that type of home on the market sitting empty and unsold.
There is a glut of homes sitting empty and unsold in the city limits of Birmingham, Alabama.
Posted on 5/6/24 at 9:45 am to Geauxld Finger
quote:
Then why is it when you try to go buy the house that hasn’t been updated in 30 years with older features, it costs as much as or more than the modern spec home?
Because that's what houses in that neighborhood sell for.
Posted on 5/6/24 at 9:46 am to thesabanizer
quote:
If you make say $500k/yr in the 90s all those taxes you paid in your life you get a measly $3k/mo or whatever today, you're not even getting back a fraction of what you paid.
If you made 500k in the 90s you’re a fricking failure if you need social security
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