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Message
re: Can anyone here admit that a lot of hardworking young people are fricked?
Posted on 11/22/25 at 8:06 am to tigerinthebueche
Posted on 11/22/25 at 8:06 am to tigerinthebueche
Substitute “cry baby bitches” for “corporate America” and learn.
0
Posted on 11/22/25 at 8:09 am to _Hurricane_
quote:
Can anyone here admit that a lot of hardworking young people are fricked?
If you're truly hard working and living within your means you'll never be "fricked"
Financial discipline takes determination and sacrifice, but it's achievable. Most young and older people are not committed to being financially responsible.
Posted on 11/22/25 at 8:13 am to jizzle6609
quote:
Even well established older baws are feeling the strain these days. Now imagine you have no built up wealth, and are just starting out.
I know it sucks and it’s a struggle. When I came home from the army a little over 33 years ago, my first job was as a warehouse worker making $5.50 per hour. Adjusted for inflation, that is $12.60 today according to CPI Inflation Calculator. And my first “house” was a single-wide trailer. It wasn’t much, but I did the best I could, it’s all I could afford at the time.
This post was edited on 11/22/25 at 8:14 am
Posted on 11/22/25 at 8:18 am to _Hurricane_
quote:
everyone on this board didn’t go to LSU with a business degree or similar back in the day.
That's kind of why those young people are fricked, too many got low-effort degrees and saturated their fields. Supply and demand.
Posted on 11/22/25 at 8:21 am to DMAN1968
quote:
My 3 kids are killing it
What are they doing?
Posted on 11/22/25 at 8:22 am to Clames
quote:
why those young people are fricked, too many got low-effort degrees
If only there were these entities in the same household which could give them sort of life advice. "I understand you want to follow your dreams, Braelyn, but I don't think there are a lot of jobs for African Interpretive Underwater Baset Weaving majors."
Posted on 11/22/25 at 8:24 am to _Hurricane_
Accountants, bookkeeper's, analyst etc… are toast.
Also, IT TCs will not be needed in many companies with cloud based apps taking over. Server side rendering and cloud based apps will kill a lot of those jobs. I’m glad my son didn’t listen to me and dropped out of college. Success is being redefined in real time. Crazy times.
Also, IT TCs will not be needed in many companies with cloud based apps taking over. Server side rendering and cloud based apps will kill a lot of those jobs. I’m glad my son didn’t listen to me and dropped out of college. Success is being redefined in real time. Crazy times.
Posted on 11/22/25 at 8:26 am to tonydtigr
Everything you said is true…
It is also insufficient to explain the challenges this generation is facing in entering the home market.
Here’s the simple truth:
Housing price growth has drastically outpaced income growth. Fill stop. Any and all other valid critiques of this generation aside, the core problem is that there is a mismatch between housing demand and housing supply. And it’s unequivocally hitting the upcoming generation harder than it hit those prior
It is also insufficient to explain the challenges this generation is facing in entering the home market.
Here’s the simple truth:
Housing price growth has drastically outpaced income growth. Fill stop. Any and all other valid critiques of this generation aside, the core problem is that there is a mismatch between housing demand and housing supply. And it’s unequivocally hitting the upcoming generation harder than it hit those prior
Posted on 11/22/25 at 8:34 am to funnystuff
Yes. And refusing to acknowledge this is not the right answer. When the upcoming generation gets pissed off and says, screw it and vote for a new system don’t be surprised. Charlie Kirk was adamant that this was the most important issue facing Americans.
This post was edited on 11/22/25 at 8:36 am
Posted on 11/22/25 at 8:34 am to Greenside
quote:
1970s: a typical house was roughly 2.7–3.3× the typical household’s income. 1980s: it crept up to roughly 3.6–3.8×. Now: we’re sitting around 5-7x. The age of a first time home buyer in 2008 was 30 years old. It is now 38 years old. Rents have gone up inflation adjusted from about $900 a month to about $1,500 a month. Renting longer at higher prices. This is not the same economy we grew up in.
It’s not the same economy and my worldview isn’t fixated on generations and identity politics. Hard for many to grasp you can do that. But the economy is fricked right now.
Spotify and Starbucks? Maybe in Ascension Parish people will adhere to this line of thinking, but in the real world in a real city this doesn’t apply. Home prices where I live have exponentially gone up where income hasn’t.
Posted on 11/22/25 at 8:48 am to funnystuff
That’s not the full story. Home sizes have increased over the years.
Posted on 11/22/25 at 8:54 am to DonJuanDaMiles
quote:
Furthermore, I’m sure all of us who weren’t alive then have had some real life experience of a multitude of our superiors talking about how they got management jobs straight out of a 4-yr degree with no masters.
Go start your young life like many of the Boomers parents did, in the Military. Most people didn’t have degrees or management jobs even in the 70s and 80s. They worked construction, trades, factories, etc..all of which are begging for workers and pay “livable” wages.
Posted on 11/22/25 at 8:56 am to GreatLakesTiger24
quote:
it's actually easier than ever to be successful even though carter, clinton, obama, and biden ruined the country by getting rid of jobs and making everything too expensive
It's funny you leave out a guy that's been president 5 of the last 9 years as if he hasn't had a huge effect on where our country currently is and many of the problems we currently face as a nation. Not surprising though.
Posted on 11/22/25 at 8:57 am to _Hurricane_
Of course they are. Im mid 40s and everything I have to provide for my family is 3-4 times more expensive than what my parents had to pay. Wages are no where near 3-4 times more than 30 years ago. People starting out have it rough to put it mildly.
Posted on 11/22/25 at 8:59 am to Dawgfanman
quote:
Go start your young life like many of the Boomers parents did, in the Military. Most people didn’t have degrees or management jobs even in the 70s and 80s. They worked construction, trades, factories, etc..all of which are begging for workers and pay “livable” wages.
Immigrants have taken all those jobs. We send all our kids to college to be on bankers and accrue enormous amounts of debt
Posted on 11/22/25 at 8:59 am to UptownJoeBrown
“That’s not the full story. Home sizes have increased over the years.”
You aren’t wrong. There are also other factors. But I think sweeping it under the rug and saying this generation is just lazy and greedy is dangerous. (Not saying that’s what you’re doing).
You aren’t wrong. There are also other factors. But I think sweeping it under the rug and saying this generation is just lazy and greedy is dangerous. (Not saying that’s what you’re doing).
This post was edited on 11/22/25 at 9:01 am
Posted on 11/22/25 at 9:01 am to CDUBTX
quote:
Immigrants have taken all those jobs. We send all our kids to college to be on bankers and accrue enormous amounts of debt
horseshite. I’ve got two in college. Very little debt (one is a senior with 10k in debt, other a sophomore with zero). Neither had any interest in trades/military/factory etc. That’s ok with me, but it’s definitely an option for them.
Posted on 11/22/25 at 9:09 am to funnystuff
Yea, I think the main issue is treating housing like an investment instead of a commodity. Capital is theoretically unlimited while they’re not making anymore land. If you’re employed in a city, you pretty much have to live there. With policies to artificially inflate the value of property, like single family zoning or minimum sq footage, that can be very difficult to do.
Posted on 11/22/25 at 9:13 am to _Hurricane_
My dad bought a 1800 Sq ft house in Lafayette in the 80’s as an assistant offshore surveyor in the early 80's for less than $25k.
All he had to do to get approved was to give them 6 months of paystubs.
All he had to do to get approved was to give them 6 months of paystubs.
Posted on 11/22/25 at 9:17 am to _Hurricane_
Yes is the short answer. But there is a reason.
Expectations have risen. No one wants a 1400 square foot house with window units. Because of that, the average house now has amenities that were true luxuries 30 or 40 years ago.
This is not a “young folks are spoiled and greedy” rant. I think a lot of baws would live in more modest houses if they were available in decent neighborhoods. They just aren’t that available.
Expectations have risen. No one wants a 1400 square foot house with window units. Because of that, the average house now has amenities that were true luxuries 30 or 40 years ago.
This is not a “young folks are spoiled and greedy” rant. I think a lot of baws would live in more modest houses if they were available in decent neighborhoods. They just aren’t that available.
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