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re: The ‘growing crisis of the young American male’ could send home prices falling for years
Posted on 4/3/24 at 1:25 pm to fallguy_1978
Posted on 4/3/24 at 1:25 pm to fallguy_1978
quote:
If so many young men are single, how are there not just about the same number of single women?
There are many single women. Women on average do date older men, but the estimates will be that 45% of women will be single by 2030. Unmarried people are becoming a trend.
0
Posted on 4/3/24 at 1:25 pm to TN Tygah
quote:+1
Living at home while making a good income is a dream. Wish I would’ve done it.
Right out of college though, I didn’t want the party to end and wanted to continue living like a degenerate (other than going to work every day)
Posted on 4/3/24 at 1:31 pm to VolSquatch
quote:
Now try it with a chick
LOL
Nice alley.
Posted on 4/3/24 at 1:35 pm to jizzle6609
quote:
Fine.
Parents enabling their children is the problem.
End of story.
Stop letting your kids run the house. If they need to see the real world send them to see the real world. They will straighten up after they see the streets for a couple of weeks. I promise you.
Would you really allow your kids to fail?
I'm not saying its right or wrong to, I'm genuinely asking.
Some friends I have who grew up in uber-wealthy situations (so they had a fall back option should they fail) seemed to screw around a lot more and had a different worldview than myself, who didn't have those fallback options.
Where is the line when it comes to "how much should you be there for your kids"? Its a tough question and obviously very situation dependent.
Posted on 4/3/24 at 1:36 pm to r0cky1
I wasn't bragging, I was calling you poor
Posted on 4/3/24 at 1:37 pm to Xcitingly Boring
The "nuclear family structure" is being replaced by a "competition for an investment into women structure"
It's no longer a 50/50 mutual investment. Its an 80/20 competitive market for essentially all risk and no reward.
It's no longer a 50/50 mutual investment. Its an 80/20 competitive market for essentially all risk and no reward.
This post was edited on 4/3/24 at 1:42 pm
Posted on 4/3/24 at 1:40 pm to jizzle6609
No, the issue is economic. The societal changes are consequences of that.
A chunk of gold buys the same sized house that it did in 1971. However, salaries paid in dollars have not kept up with inflation. The value of our currency has been destroyed, and with it, the purchasing power of the poor, working, and middle classes.
What this has led to is higher and higher “standards” of behavior to achieve the same relative levels of success. Less is forgiven, smaller moral failings are crippling and follow one forever.
In the past five years, economic changes have occurred so drastically that conventional wisdom on how to ensure one ends up conventionally middle class no longer really function. Some have reacted by working even harder. Some have given up. Some are still trying but aren’t succeeding, as the ladder to wealth has continued to be pulled up and the foundations of society crumble.
This results in three subsets of behaviors:
1. Moonshot mentality: dedicating all resources into get rich quick or risky investments in the hope they hit it big. These are the folks investing in crypto scams, twitch streaming, youtubing, and drop shipping items from Schenzen. They’re going to either get rich or never leave their parents’ homes. The middle class is dying, so the difference between failure and moderate success at a normal job is almost zero. So, they shoot to catapult into the elite instead. They signal success in the hopes that they can fake their way into making it.
2. Grind fetishists. They flex how many hours they work, how many jobs they have, and how much money they make. They basically took all the old advice to heart and doubled down when it wasn’t working. They have nothing to live for but their careers. They live to signal success.
3. Slacker core: these see both of the above models as idiotic and reject them both. They opt to work flexible remote or part time gigs to cover their expenses while neglecting things like saving for retirement or healthcare. They see the rat race as pointless. Instead of signaling success, they just prioritize their niche hobby and contort their lives around that.
You can see these mentalities extending to all kinds of other things like entertainment preferences, dating philosophy, political beliefs, etc. For example, the grind fetishist desires stability. He wants to be a provider and seeks partners who are nurturing. The moonshot desires status and seeks partners who amplify their status. The slacker desires freedom and seeks out partners who are creative and passionate.
With dating apps, women are essentially taking a moonshot approach to dating.
A chunk of gold buys the same sized house that it did in 1971. However, salaries paid in dollars have not kept up with inflation. The value of our currency has been destroyed, and with it, the purchasing power of the poor, working, and middle classes.
What this has led to is higher and higher “standards” of behavior to achieve the same relative levels of success. Less is forgiven, smaller moral failings are crippling and follow one forever.
In the past five years, economic changes have occurred so drastically that conventional wisdom on how to ensure one ends up conventionally middle class no longer really function. Some have reacted by working even harder. Some have given up. Some are still trying but aren’t succeeding, as the ladder to wealth has continued to be pulled up and the foundations of society crumble.
This results in three subsets of behaviors:
1. Moonshot mentality: dedicating all resources into get rich quick or risky investments in the hope they hit it big. These are the folks investing in crypto scams, twitch streaming, youtubing, and drop shipping items from Schenzen. They’re going to either get rich or never leave their parents’ homes. The middle class is dying, so the difference between failure and moderate success at a normal job is almost zero. So, they shoot to catapult into the elite instead. They signal success in the hopes that they can fake their way into making it.
2. Grind fetishists. They flex how many hours they work, how many jobs they have, and how much money they make. They basically took all the old advice to heart and doubled down when it wasn’t working. They have nothing to live for but their careers. They live to signal success.
3. Slacker core: these see both of the above models as idiotic and reject them both. They opt to work flexible remote or part time gigs to cover their expenses while neglecting things like saving for retirement or healthcare. They see the rat race as pointless. Instead of signaling success, they just prioritize their niche hobby and contort their lives around that.
You can see these mentalities extending to all kinds of other things like entertainment preferences, dating philosophy, political beliefs, etc. For example, the grind fetishist desires stability. He wants to be a provider and seeks partners who are nurturing. The moonshot desires status and seeks partners who amplify their status. The slacker desires freedom and seeks out partners who are creative and passionate.
With dating apps, women are essentially taking a moonshot approach to dating.
This post was edited on 4/3/24 at 1:44 pm
Posted on 4/3/24 at 1:42 pm to VolSquatch
quote:
Would you really allow your kids to fail?
I'm not saying its right or wrong to, I'm genuinely asking.
Some friends I have who grew up in uber-wealthy situations (so they had a fall back option should they fail) seemed to screw around a lot more and had a different worldview than myself, who didn't have those fallback options.
Where is the line when it comes to "how much should you be there for your kids"? Its a tough question and obviously very situation dependent.
At a certain point you have to. You literally have to let them hit the bottom or they will never attempt to make a life for themselves. Is it the hardest thing youll ever have to do outside literally losing a child? Yes. Without question.
Parents now bend over backwards for their kids because our communication is constant and almost never broken making us much closer than we were 20 years ago. People also have their phone which as we know allows people to be more confident. 20 years ago you had to ask your dad or mom straight up, now you can just text. Its less intimate thus easier to do for most people.
Slow and steady wins the race, it always has. I am blessed to have a father that has taught me finance.
This post was edited on 4/3/24 at 1:44 pm
Posted on 4/3/24 at 1:43 pm to VolSquatch
quote:
I wasn't bragging, I was calling you poor
Lol so show us how rich you are! mister OT millionaire!!
Posted on 4/3/24 at 1:49 pm to Xcitingly Boring
quote:
People complaining about boomers is just as dumb and out of touch as boomers complaining about millineals.
Boomers created the world we live in.
Posted on 4/3/24 at 1:49 pm to VolSquatch
quote:
Where is the line when it comes to "how much should you be there for your kids"? It’s a tough question and obviously very situation dependent.
Parents can only do so much once their child is past 25. If an adult doesn’t want to help themself, then parents at some point have to cut the cord.. Adult Children in their late 20s and early 30s abuse their parents in these situations and become leaches.
Posted on 4/3/24 at 1:53 pm to WW
quote:
Boomers created the world we live in.
Nobody voted for the world we live in. All of the most important decisions were made by entrenched bureaucrats over whom elected officials have almost zero oversight.
Blaming boomers or zoomers or whomever is meaningless. At the same time, it is important for members of older generations to understand that the socioeconomic conditions zoomers and younger millennials are facing right now are noticeably different from what older individuals experienced at the same age. This should not be done in an accusatory manner, but rather to inform them. Having perspective on just how bad the status quo really is right now for a LOT of people is important if we, as a society, are going to come up with any solutions.
Posted on 4/3/24 at 1:53 pm to jizzle6609
quote:
Slow and steady wins the race, it always has. I am blessed to have a father that has taught me finance.
This is big. My parents weren't bad with money in terms of blowing it on things and living in excess, but weren't in any position to teach anyone about it either
I wish I had the almost passionate stance I have toward finance now 15-20 years ago.
Posted on 4/3/24 at 1:55 pm to WW
And you're creating the world your children and grandchildren will live in. And so on so forth. And guess what, you're not doing anything different than the boomers or any other generation before them ever did. Everyone is just doing the best they can for themselves.
Stop whining about old people.
Stop whining about old people.
Posted on 4/3/24 at 1:57 pm to Bunk Moreland
quote:
Do we have tens of thousands of incels just playing video games all day?
Yes.
shite, a lot of them are doing video games as a "job" now and still live at home.
Posted on 4/3/24 at 1:57 pm to fallguy_1978
quote:
so many young men are single, how are there not just about the same number of single women?
Living in resort style, uptown apartments whilst climbing the advertising agency ladder.
Posted on 4/3/24 at 1:59 pm to r0cky1
quote:
The ‘growing crisis of the young American male’ could send home prices falling for years
quote:
Where is the line when it comes to "how much should you be there for your kids"? It’s a tough question and obviously very situation dependent.
Parents can only do so much once their child is past 25. If an adult doesn’t want to help themself, then parents at some point have to cut the cord.. Adult Children in their late 20s and early 30s abuse their parents in these situations and become leaches.
Im shocked people are actually downvoting folks who are telling the 25 year olds to grab their sack.
This is the problem. You have morons like the one downvoting this post who clearly support lazy trash that lays around all day.
Posted on 4/3/24 at 2:00 pm to Bunk Moreland
yup...and 99% of them are OT Baws here
Posted on 4/3/24 at 2:00 pm to Fat and Happy
quote:
Gonna have some people seriously in their feelings when the house they bought during Covid doesn’t appraise for anything close to what they bought it for
What's nice is the just before Covid buy. We bought our house in summer of 2019, and had it appraised 2 weeks ago. It appraised for more than double what we bought it for.
But also made the house I'm buying more expensive than it would have been in 2019 so there is that.
Posted on 4/3/24 at 2:04 pm to Xcitingly Boring
quote:
And you're creating the world your children and grandchildren will live in. And so on so forth. And guess what, you're not doing anything different than the boomers or any other generation before them ever did. Everyone is just doing the best they can for themselves.
Stop whining about old people.
I'm not doing that. I lived in a $19000 shithole when I was 20 instead of paying rent. It was a trash house in the trash part of town but I didn't give my rent money to a boomer. The generations that are in control are to blame. My generation is getting there and my advice is reject every excess of the past, take care with your kids, and shut down the border.
This post was edited on 4/3/24 at 2:05 pm
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