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re: Millenials are the worst generation of human beings ever.

Posted on 11/8/14 at 12:37 pm to
Posted by lsupride87
Member since Dec 2007
104863 posts
Posted on 11/8/14 at 12:37 pm to
quote:

How many millionaires do you personally know from the millenial generation? Compare that number to how many millenials you know still living off their parents.
how is this different then any other generation? Some are extremely succesful and some suck. Is living with your parents considered worse then living in a Volkswagen van string out on heroin and spreading aids?
This post was edited on 11/8/14 at 12:38 pm
Posted by Duke
Dillon, CO
Member since Jan 2008
36408 posts
Posted on 11/8/14 at 12:38 pm to
quote:

Compare that number to how many millenials you know still living off their parents.


In this finance environment you know what makes it easy to get a mortgage?

Student loan debt and a short credit history/no credit history. Banks are falling all over themselves to offer us some loans for houses.

So many of us simply choose to not blow money on rent and live at home while having a job. It's a way to save money, build credit, and one dat be able to have their own house. Sure some losers just freeload, but that's just people and not a generational thing.
Posted by Blue Velvet
Apple butter toast is nice
Member since Nov 2009
20112 posts
Posted on 11/8/14 at 12:38 pm to
Posted by Stagg8
Houston
Member since Jan 2005
13364 posts
Posted on 11/8/14 at 12:43 pm to
quote:

How many millionaires do you personally know from the millenial generation?




320,000,000 Americans and you want to make an argument about a generation based off of people "you personally know." I love this thread.
Posted by Blue Velvet
Apple butter toast is nice
Member since Nov 2009
20112 posts
Posted on 11/8/14 at 12:45 pm to
His math skills are atrocious too. He's probably a boomer.
Posted by deltaland
Member since Mar 2011
97208 posts
Posted on 11/8/14 at 12:45 pm to
Most of the people I know under over 21 but under 30 that still live with their parents do it because the economy fricking sucks and they can't find a job good enough to support having their own house. They aren't leeches, they just can't make any money. Cost of living these days is sky high and wages are stagnant so it takes longer for people to be able to get out on their own.
Posted by euquol
New Orleans
Member since Jan 2012
2736 posts
Posted on 11/8/14 at 12:46 pm to
quote:

So many of us simply choose to not blow money on rent and live at home while having a job. It's a way to save money, build credit, and one dat be able to have their own house. Sure some losers just freeload, but that's just people and not a generational thing.


I moved out of my mom's home when I was 17 and have never went back aside from 3 weeks right after I graduated law school. You make it sound like paying rent is so oppressive.

I do not think everyone should live on their own at age 17 but I think anyone with a "college degree" living with their parents should be forced to pay rent to their parents.

I think the real problem with the millennials is going to crop up when they found out they are not such a special snowflake at all and if their work sucks, someone might just break their fragile little heart.

ETA: I am 37 so no when I moved out at 17 rent was not $45/month. I have student loan debt that is still in 6 digits and I am doing just fine.
This post was edited on 11/8/14 at 12:48 pm
Posted by lsupride87
Member since Dec 2007
104863 posts
Posted on 11/8/14 at 12:50 pm to
quote:

I think the real problem with the millennials is going to crop up when they found out they are not such a special snowflake at all and if their work sucks, someone might just break their fragile little heart.
no, what we are doing is gentrifying and cleaning up neighborhoods that were brought to shot by the generation ahead of us running away from the problem. We will also bring medical and technological advances that will make civilization that much greater. It also appears we will clean up the shithole of an economy brought to us by the generation ahead of us
Posted by euquol
New Orleans
Member since Jan 2012
2736 posts
Posted on 11/8/14 at 12:50 pm to
quote:

320,000,000 Americans and you want to make an argument about a generation based off of people "you personally know." I love this thread.


So he wants to use the excuse that millennials are "setting records" for millionaires and it's not fair to ask him to compare how many millionaires he knows to how many leeches he knows?

Ok then.
Posted by lsupride87
Member since Dec 2007
104863 posts
Posted on 11/8/14 at 12:52 pm to
quote:

So he wants to use the excuse that millennials are "setting records" for millionaires and it's not fair to ask him to compare how many millionaires he knows to how many leeches he knows?
I know of two of my good friends opening up an iPhone repaid company that exploded. I have one friend that lives with his parents, he is currently in med school. The rest of us are cpas, project managers etc
This post was edited on 11/8/14 at 12:53 pm
Posted by Stagg8
Houston
Member since Jan 2005
13364 posts
Posted on 11/8/14 at 12:52 pm to
quote:

So he wants to use the excuse that millennials are "setting records" for millionaires and it's not fair to ask him to compare how many millionaires he knows to how many leeches he knows?


Correct.
Posted by euquol
New Orleans
Member since Jan 2012
2736 posts
Posted on 11/8/14 at 12:55 pm to
quote:

Most of the people I know under over 21 but under 30 that still live with their parents do it because the economy fricking sucks and they can't find a job good enough to support having their own house. They aren't leeches, they just can't make any money. Cost of living these days is sky high and wages are stagnant so it takes longer for people to be able to get out on their own.


Although I am critical of the last 6 years and how it's been handled, saying there are no jobs is absolute BS. The problem is there are no jobs good enough for people seeking jobs so they rather stay unemployed and in mom's basement.

No one wants to start at the bottom anymore and work their way up. They are too special for that. Everyone has to start at $45,000/year with no job experience and skills and receive periodic (every 3 months) raises based on the fact the work they do is special.

I am not talking about the atypical millionaire or inventor of the generation. That's a large percentage of the current generation.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
92649 posts
Posted on 11/8/14 at 1:09 pm to
quote:

The problem is there are no jobs good enough for people seeking jobs so they rather stay unemployed and in mom's basement.


I'll say this - other than a brief period for the boy (and he was about to go to Afghanistan), mine have all worked as waiters, baristas, retail, etc., to pay their own way in school and after. They've never considered honest work beneath them. 2 of them are in the National Guard. The third works night shifts, etc.

So, insofar as employment is not "beneath" them, I consider myself a success in that area. Plus they're good people - just a little lazy and hardheaded.
This post was edited on 11/8/14 at 1:11 pm
Posted by Duke
Dillon, CO
Member since Jan 2008
36408 posts
Posted on 11/8/14 at 1:13 pm to
quote:

They aren't leeches, they just can't make any money. Cost of living these days is sky high and wages are stagnant so it takes longer for people to be able to get out on their own.



Right. The jobs will be coming as the Boomers really start retiring, but right now it's still tough to cut out enough money for a house when many have student loans to deal with. It's just going to take some time to work all of it out. We can be patient, let em make good financial choices, and be fine in ten to fifteen years. Or you know, get our moral superiority on by calling him lazy leeches.
Posted by euquol
New Orleans
Member since Jan 2012
2736 posts
Posted on 11/8/14 at 1:17 pm to
You obviously did a fine job of raising your children. For some I think it is more of a product of indoctrination in college than bad parenting but I guess some could also be bad parenting.
Posted by Duke
Dillon, CO
Member since Jan 2008
36408 posts
Posted on 11/8/14 at 1:30 pm to
quote:

You make it sound like paying rent is so oppressive.


It's a fact of life but isn't an investment in your future like a house is. It's throwing money away for shelter when it could be going to an asset. So if given the option to not burn that money on rent, many take it to improve their financial footing.

quote:

I think the real problem with the millennials is going to crop up when they found out they are not such a special snowflake at all and if their work sucks, someone might just break their fragile little heart.


I think this fits your worldview, but isn't really the truth of the matter. There's probably some of what you speak influencing things, but it's hardly a factor that really makes a difference. The millenials rolled out into a stagnant economy with tight credit and Boomers who are spending a little extra time working because they need to save more for retirment. People live longer and all of that.

Us millenials are starting their careers a little later on average but will certainly be working until our 70s. We'll be a healthier 70 with a good long retirment still ahead. Just changing times.

quote:

I am 37 so no when I moved out at 17 rent was not $45/month. I have student loan debt that is still in 6 digits and I am doing just fine.


Congratualtions?

Posted by TheChosenOne
Member since Dec 2005
18749 posts
Posted on 11/8/14 at 1:47 pm to
quote:

but I guess some could also be bad parenting.


Some? It's definitely bad parenting. If you coddle your kids, they're more likely to come back to you looking for hand outs. It's pretty simple.

What the hell is this indoctrination in college crap? I never once had a professor telling me to live at home and be lazy or live off the rich and/or government. Where are you pulling this from? It sounds like rhetoric that you're repeating from some nut job baby boomer blog.
This post was edited on 11/8/14 at 1:52 pm
Posted by dawgfan24348
Member since Oct 2011
50685 posts
Posted on 11/8/14 at 1:49 pm to
quote:

How many millionaires do you personally know from the millenial generation?

What a stupid question
quote:

Compare that number to how many millenials you know still living off their parents.

Has more to do with the economy, apartment prices, and student debt.
Posted by euquol
New Orleans
Member since Jan 2012
2736 posts
Posted on 11/8/14 at 1:50 pm to
I was trying to be diplomatic.

I think this country is screwed once we have an entire workplace of "special" workers we can not criticize and have to coddle.
Posted by dawgfan24348
Member since Oct 2011
50685 posts
Posted on 11/8/14 at 1:52 pm to
quote:

I moved out of my mom's home when I was 17
CSB
quote:

I moved out at 17 rent was not $45/month.
Rent is like $900 a month which is ridiculous. Highly doubt you could pay for that when you were 17.

Just because you could move out when you were 17 doesn't mean today's teens can. Freaking dumbass
This post was edited on 11/8/14 at 1:53 pm
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