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re: Great YT video "How the US Is Destroying Young People’s Future"

Posted on 5/6/24 at 9:09 pm to
Posted by poochie
Houma, la
Member since Apr 2007
6344 posts
Posted on 5/6/24 at 9:09 pm to
quote:

It’s very likely that spending 190k on 30 year old sub-600 sqft 1 bedroom apartment is a terrible decision What you are too dense to realize is that you are proving our point


So again, these places exist, they’re just not what you “want”.


Houston was 1/6 the size it is now in 1970. Maybe move to a city that you speculate will grow 6x in the 50 years, buy cheap real estate there, and bitch at 2070 youths in 50 years.

But no, you want to start at the top.
Posted by Asharad
Tiamat
Member since Dec 2010
5718 posts
Posted on 5/6/24 at 9:11 pm to
Millennials: Old folks had it easy! Life sucks so much more today.

Old folks present conflicting information.

Millennials: None of that matters. Life sucks!
Posted by Grievous Angel
Tuscaloosa, AL
Member since Dec 2008
9707 posts
Posted on 5/6/24 at 9:30 pm to
quote:

8 ft ceilings


I feel attacked.
Posted by jclem11
Neoliberal Shill
Member since Nov 2011
7830 posts
Posted on 5/6/24 at 9:36 pm to
quote:

In what world is $354/sqft cheap?


and $310/month HOA dues.
Posted by lsupride87
Member since Dec 2007
95904 posts
Posted on 5/6/24 at 10:07 pm to
quote:

Millennials: Old folks had it easy! Life sucks so much more today. Old folks present conflicting information. Millennials: None of that matters. Life sucks!
No

Nobody is saying there were not old people with awful horrific upbringings and circumstances

It’s just that factually, their financial wages were stronger compared to the cost of goods
Posted by poochie
Houma, la
Member since Apr 2007
6344 posts
Posted on 5/6/24 at 10:10 pm to
quote:

and $310/month HOA dues.


Sorry, I forgot. Y’all want a pool and kept up grounds and no homeowners insurance, like mama and daddy had when they first bought, all for free.
Posted by Louie T
htx
Member since Dec 2006
36321 posts
Posted on 5/6/24 at 10:17 pm to
For all of the goalpost moving you’ve accused others of, you manage to be one giant insufferable goalpost moving tool yourself.
Posted by DrrTiger
Louisiana
Member since Nov 2023
372 posts
Posted on 5/6/24 at 10:39 pm to
quote:

like mama and daddy had when they first bought


Don’t forget three vacations a year, private school for five kids, and a magic pony that craps $100 bills.
Posted by jclem11
Neoliberal Shill
Member since Nov 2011
7830 posts
Posted on 5/6/24 at 11:11 pm to
quote:

Sorry, I forgot. Y’all want a pool and kept up grounds and no homeowners insurance, like mama and daddy had when they first bought, all for free.


Wat?

I live in a house with an HOA but I don’t pay that much and my HOA dues pay for my water, sewage, trash, and landscaping and I pay half that cost.

No one is saying that we want shite for free, boomer.

Your little shoebox apartment is not affordable or a good deal.
This post was edited on 5/7/24 at 6:09 am
Posted by PGAOLDBawNeVaBroke
Member since Dec 2023
772 posts
Posted on 5/6/24 at 11:15 pm to
Brought to you by the 26% and much of the female population comprising the other 70%…
Posted by Martini
Near Athens
Member since Mar 2005
48861 posts
Posted on 5/6/24 at 11:16 pm to
quote:

Congress is run by Boomers


Speaker of the House is 52. By most calendars he is 8 years younger than the youngest boomer.

Average age of Congress in 23 was 57.

Average age of Senate in 23 was 65.

The Boomer generation does not have a monopoly on stupidity, greed, narcissism or any other term you can come up with.

Nor does any one particular party. The Republicans and Democrats are the same and that includes the orange haired man who really is the largest narcissist of them all.

We have many many problems that no typing on message boards will ever fix nor will any politician anyone thinks is the right guy.

The best way to face the current and future problems really is pulling yourself up by your bootstraps, tucking your head and get to work. You can’t change the world and the sooner you realize it the better off you are. Build your wealth one day, one dollar at a time and 30-40 years down the line when your grandkids generation is bitching about what they can’t afford just smile and tell them take a deep breath. It will be alright.

Make sound well thought out decisions regarding family, career, finances and by doing the best you can you will have less troublesome times and be better prepared for those times that are inevitable in life.

You do these things and luck will find you.
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
66468 posts
Posted on 5/6/24 at 11:26 pm to
Ok, Boomer.
Posted by llfshoals
Member since Nov 2010
15525 posts
Posted on 5/7/24 at 7:18 am to
quote:

You do these things and luck will find you.
Amazing isn’t it how “lucky” people consistently get who think about their decisions.
Posted by jclem11
Neoliberal Shill
Member since Nov 2011
7830 posts
Posted on 5/7/24 at 7:24 am to
quote:

llfshoals


It is amazing how you can't grasp that the entire premise of the thread is it is harder now financially than prior generations.

The kids coming up can make all the "correct" or "good" decisions and it is still harder for them financially to get where you were at the same age.

Keep coping and seething but the data does not lie.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41199 posts
Posted on 5/7/24 at 7:27 am to
You missed the part about no college debt or car loans didn’t you? We asked them what would they rather have: a big wedding or a down payment. They took the down payment.

Maybe Bham is different, but I don’t think so. There are still areas with affordable housing.
Posted by baobabtiger
Member since May 2009
4728 posts
Posted on 5/7/24 at 7:28 am to
Because 40% of homes with a mortgage are financed below 3.5%. That is going to continue to keep inventory on existing homes low. Basic economics.

For the first time in history new homes are more plentiful than existing. And there is still demand. It’s going to be odd in the market for awhile because there is so much demand, need is there, however the traditional homes that would be for starter families aren’t on the market. Because few in a starter home financed at 3.25 percent are willing to pay a premium for a step up home or a new home.

It’s going to be like this for awhile. Heaven forbid that the fed cuts rates. You think you’ve seen inflation in the last few years? If they cut rates it’s going to really skyrocket.
Posted by NawlinsTiger9
Where the mongooses roam
Member since Jan 2009
34947 posts
Posted on 5/7/24 at 7:55 am to
I see some clueless, tone deaf shite on this website a lot but holy frick this takes the cake

Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61348 posts
Posted on 5/7/24 at 7:56 am to
quote:

Because few in a starter home financed at 3.25 percent are willing to pay a premium for a step up home or a new home.


There are no starter homes in the areas where 90% of the population lives. I just assume there's enough people here that live outside of cities that it seems normal.


Posted by NawlinsTiger9
Where the mongooses roam
Member since Jan 2009
34947 posts
Posted on 5/7/24 at 8:04 am to
quote:

There are no starter homes in the areas where 90% of the population lives


There’s the “starter home” that Darth posted that’s half a MILLION dollars in any town with a frickin pulse.
This post was edited on 5/7/24 at 8:06 am
Posted by Salmon
On the trails
Member since Feb 2008
83628 posts
Posted on 5/7/24 at 8:11 am to
quote:

My wife and I lived in a cheap apartment saving our money until after we had our first child, then we bought a house. That was 7 years because we DID wait till we could afford it.

This is how you do it, are you listening? I doubt it but here we go.

1 - wait until AFTER you’re married to have kids. That’s biological male and biological female. Hard concept apparently.

2 - graduate high school. Not college, high school. Lots of excellent opportunities out there that don’t require college. I don’t have a degree, and I’m retiring with no debt because I did both one, 2 and to follow…3.

3 - Get a job, any job and apply yourself. Other than 6 months off after back surgery I’ve always worked. I drove to where the work was when I had to. A 40 minute one-way commute was nothing. Drive something that gets 35mpg instead of the 20mpg truck you’d rather have.

Do those 3 things, life is much easier. Not easy, but easier.

In short, quit bitching and start thinking.


holy shite
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