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Started By
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re: Gee, thanks Mom and Dad: 35% of millennials still live at home
Posted on 7/23/19 at 9:51 am to GreatLakesTiger24
Posted on 7/23/19 at 9:51 am to GreatLakesTiger24
Wonder if this stat includes me. I rent, so I dont own a house, but still use my parents house as my permanent residence on my license. Been out of the house since 18 though. Came back for a year after college and then back out since 23. 28 now.
1
Posted on 7/23/19 at 9:52 am to GreatLakesTiger24
quote:
thanks Mom and Dad: 35% of millennials still live at home
Don't worry in ten years it will be coming full circle.
45% of baby boomers have no retirement
Posted on 7/23/19 at 9:52 am to Kujo
You just need to buy a shitty house you don’t even want, in an area you don’t actually want to live in, that’s an hour from your job and all your extra curricular activities you enjoy doing!
Posted on 7/23/19 at 9:52 am to Kujo
quote:
I bought my first house in Gonzalez in 2015 worth about 105k. I'm house hunting in a major metro now, where I'm looking at 800k-1M for a shitty place in a shitty area of town
Yeah I bought my first house in 2011 in bossier for $170k for 3/2 at about 1200 sqft. That's $400-500k in Dallas proper outside of shitty areas.
Posted on 7/23/19 at 9:53 am to 50_Tiger
WHEN did you leave your house?
This post was edited on 7/23/19 at 9:55 am
Posted on 7/23/19 at 9:55 am to Mingo Was His NameO
quote:
Which is not good, like at all
Slow down, Aristotle.
You point was that millennials are living in Mom's basement because houses are so much more expensive than they were in Mom's day.
Now we know that inflation adjusted prices are pretty much identical, and real buying power is probably greater today than it was due to cheap interest rates.
So tell me again how tough things are?
Millenials have a lot of legitimate gripes. This ain't one of them.
Posted on 7/23/19 at 9:56 am to Mingo Was His NameO
quote:No one was arguing for it's "goodness." The statement was made that real wages were higher and houses were cheaper. That really depends on the time frame you are looking at, but over approximately the last 40 years, that isn't true.
Which is not good, like at all
Posted on 7/23/19 at 9:56 am to auzach91
quote:
Wonder if this stat includes me. I rent, so I dont own a house, but still use my parents house as my permanent residence on my license. Been out of the house since 18 though. Came back for a year after college and then back out since 23. 28 now.
Good point. So the numbers could be skewed.
Posted on 7/23/19 at 9:56 am to Smoke7024
quote:
You may need to look and see when the last of the millennials were born.
:max_bytes(150000):strip_icc()/names-of-generations-1435472_v31-5b48e0cec9e77c0037f56645.png)
quote:
Generation Names
While some generations are known by one name only, such as the Baby Boomers, names for other generations is a matter of some dispute among experts.
Neil Howe and William Strauss define recent generational cohorts in the U.S. this way:
2000 to present: New Silent Generation or Generation Z
1980 to 2000: Millennials or Generation Y
1965 to 1979: Thirteeners or Generation X
1946 to 1964: Baby Boomers
1925 to 1945: Silent Generation
1900 to 1924: G.I. Generation
ThoughtCo.com
The OP's linked article is talking about people from multiple generations. We need a term for millennials and everyone who came after them for these threads.
Wouldn't "Post-Generation X" cover the people being targeted here?
Posted on 7/23/19 at 9:57 am to chinese58
quote:
We need a term for millennials and everyone who came after them for these threads.
Wouldn't "Post-Generation X" cover the people being targeted here?
Oh, I think we have a term for them.
This post was edited on 7/23/19 at 9:58 am
Posted on 7/23/19 at 9:58 am to chinese58
Those are incorrect. Millennials were not born in 2000. It's widely accepted to be 1981-1996.
Posted on 7/23/19 at 10:01 am to TigerintheNO
quote:LOSERS
Don't worry in ten years it will be coming full circle.
45% of baby boomers have no retirement
Posted on 7/23/19 at 10:02 am to GreatLakesTiger24
Boomers will be living with their millennial kids in 10 years.
Posted on 7/23/19 at 10:02 am to GetCocky11
quote:
18 year olds aren't millennials.
bullshite. 18 year olds were born in 2001, the start of the millennium
Posted on 7/23/19 at 10:03 am to mofungoo
quote:That isn’t how this works.
bullshite. 18 year olds were born in 2001, the start of the millennium
That isn’t how any of this works.
Posted on 7/23/19 at 10:05 am to mofungoo
Is that a serious post?
Hard to tell
Hard to tell
Posted on 7/23/19 at 10:05 am to mofungoo
Millennials are those who experienced the first few years of the new millennium and were old enough to remember and to be a product of that time period.
Posted on 7/23/19 at 10:08 am to JudgeHolden
quote:
Now we know that inflation adjusted prices are pretty much identical, and real buying power is probably greater today than it was due to cheap interest rates.
How is a 50% bump in real terms according to your own graph “pretty much identical”?
Posted on 7/23/19 at 10:11 am to 50_Tiger
quote:
I left the house at 18. What in the frick are these parents enabling for?
Your parents never gave you a dime while in college?
Posted on 7/23/19 at 10:12 am to GreatLakesTiger24
quote:
A new analysis of U.S. Census Bureau numbers by researchers at the news site 247WallStreet.com finds that 35% of Americans ages 18-34 still live at home with their parents.
And not a single vagina was touched...Guess it's good thing they are not reproducing.
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