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re: Great YT video "How the US Is Destroying Young People’s Future"
Posted on 5/6/24 at 11:55 am to baobabtiger
Posted on 5/6/24 at 11:55 am to baobabtiger
quote:
However, the wants on basic things like a house are much different today than for our grandparents. They lived in 3 br 1 bath box’s that were a lot smaller than the average home today. Features like paneled walls, 8 ft ceilings, low roof pitch, and small lots were very common. The features in most apartments today were not in the nicest of neighborhoods in the 1970’s and 1980’s.
This is a bigger issue than most will admit. Basically have two generations of adults that don't know the difference between "needs" and "wants". I'm selling a 4bdr/2ba house and one criticism I got was that the master bedroom is "too big". Houses take effort and money to maintain, always have and the less you are able to do yourself the more money you'll have to spend on others to do the work. People complaining about the cost of buying a house also complain that their rents keep going up. At least with a house there's a chance of getting money back and even coming out ahead.
1
Posted on 5/6/24 at 12:16 pm to Clames
quote:
This is a bigger issue than most will admit. Basically have two generations of adults that don't know the difference between "needs" and "wants".
This will always be my take on it. I dont think the majority of millennials understand needs vs wants. I think you can still live relatively cheap if you're willing to sacrifice a bit and be uncomfortable at times. What percentages of millennials are making a sandwich or something cheap a few nights a week instead of something more expensive vs going out or god forbid uber eats. What percentage of millenials have a side hustle or two? My parents are comfortable now but damn did they struggle and work their arse off with multiple jobs. I think it should be a requirement for people constantly bitching about "boomers" to show their monthly budget. Because at the end of the day it will always be that it isnt about what you make, it's about what you spend.
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