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re: Millennials being squeezed out of middle class, says OECD

Posted on 4/12/19 at 8:20 am to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
452479 posts
Posted on 4/12/19 at 8:20 am to
quote:

I never cease to be amazed at how often Millennial threads get posted yet still manage double digit page counts every time

demographics

i guarantee the population of the OT is probably 75-80% young Gen X or Millennial
This post was edited on 4/12/19 at 8:47 am
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 4/12/19 at 8:22 am to
quote:

what life is life for those with only a highschool diploma


Learn a skilled trade and you will make more than most with a college degree.

My dad only had a high school education and and retired more than comfortably.

My oldest brother only has a high school diploma and makes six figures

My other brother only has a high school degree and makes around $200k. He gets calls daily about new job opportunities.

Of course, none of them sat around complaining. They put their pants on and went to work.
Posted by GreatLakesTiger24
Member since May 2012
57906 posts
Posted on 4/12/19 at 8:23 am to
quote:

I have a friend who bought a new townhouse in Houston under $300k and it's a new development in the middle of the ghetto.

these people are out of touch. if you live in a metro such as DFW, Houston, Atlanta, etc., the "starter homes" neighborhoods built from post wwii to the 70s are now section 8, ghetto trash. you'll have to live about an hour away from your job to get a house below 250k that is suitable for a family of four.
Posted by Centinel
Idaho
Member since Sep 2016
44051 posts
Posted on 4/12/19 at 8:31 am to
So don't live in those areas?
Posted by fallguy_1978
Best States #50
Member since Feb 2018
51951 posts
Posted on 4/12/19 at 8:31 am to
quote:

these people are out of touch. if you live in a metro such as DFW, Houston, Atlanta, etc., the "starter homes" neighborhoods built from post wwii to the 70s are now section 8, ghetto trash. you'll have to live about an hour away from your job to get a house below 250k that is suitable for a family of four.

Move somewhere cheaper or stop complaining about the cost

Unless you are in a very specialized field your job probably exists in Fayetteville, Kansas City, Huntsville, Wichita etc
Posted by TH03
Mogadishu
Member since Dec 2008
171912 posts
Posted on 4/12/19 at 8:32 am to
quote:

Im 86 and grew up not knowing what a cell phone was. Yet I am supposed to have common traits with someone born in 2000?



You aren't. Those are 2 different generations.
Posted by Centinel
Idaho
Member since Sep 2016
44051 posts
Posted on 4/12/19 at 8:32 am to
quote:

Unless you are in a very specialized field your job probably exists in Fayetteville, Kansas City, Huntsville, Wichita etc



Hell have an engineering (any), chemistry, or any sort of bioscience degree and you'll have more job offers than you know what to do with in Huntsville.

Posted by fallguy_1978
Best States #50
Member since Feb 2018
51951 posts
Posted on 4/12/19 at 8:34 am to
quote:

Hell have an engineering (any), chemistry, or any sort of bioscience degree and you'll have more job offers than you know what to do with in Huntsville.

My wife is from B'Ham but has family in Huntsville. I'm in IT but we've considered moving to the area in the past.
Posted by GreatLakesTiger24
Member since May 2012
57906 posts
Posted on 4/12/19 at 8:37 am to
Most Americans live in these metros. It's not really reasonable to ask a plurality of young people to move to the midwest so they can buy a house.

I'm not doing a millennials have it so rough thing... but there's a lot of disconnect on this board. Millennials might not be making the best decisions as a whole, but the housing thing has become more difficult than back in the day. Most public schools are trash compared to the 70s, finding a modest house in a decent area is becoming increasingly difficult, there are a lot of moving parts.
Posted by TH03
Mogadishu
Member since Dec 2008
171912 posts
Posted on 4/12/19 at 8:38 am to
He stated facts and didn't complain at all. Jesus.

quote:

Unless you are in a very specialized field your job probably exists in Fayetteville, Kansas City, Huntsville, Wichita etc


Sure, but in a lot of cases like at my company, your advancement opportunities are greatly diminished.

I don't know why you older people keep mistaking stating facts as complaining.

I like living in the city, but I'm not going to pay $400k+ for a 1200 sqft house. I don't want to move out to a mcmansion in the burbs because I like the city. I can afford rent on my townhouse just fine and pay all of my bills, pay plenty into retirement and savings, and I have 0 student loan debt.

You can state a fact that home prices are high for a small, old house without that being crying about it.
Posted by Centinel
Idaho
Member since Sep 2016
44051 posts
Posted on 4/12/19 at 8:38 am to
quote:

I'm in IT but we've considered moving to the area in the past.


Good chunk of IT jobs as well. Just the nature of the industry in Huntsville which is heavily IT reliant.

I'm honestly considering moving back in a year or two. The Cybersecurity jobs keep multiplying and I'd have the benefit of having the professional connections I don't have here in Cola.
Posted by thesoccerfanjax
Member since Nov 2013
6128 posts
Posted on 4/12/19 at 8:39 am to
Why buy a house you don’t want in an area you don’t want to live in?

On the other hand, be OK with renting for a little longer until you can afford to buy where you want and don’t complain about cost.
Posted by GreatLakesTiger24
Member since May 2012
57906 posts
Posted on 4/12/19 at 8:40 am to
quote:

I don't know why you older people keep mistaking stating facts as complaining.

this ruins all these threads. people can't have a macro/meta discussion on anything like this.
Posted by cable
Member since Oct 2018
9735 posts
Posted on 4/12/19 at 8:41 am to
quote:

I like living


quote:

I like living


quote:

I don't want


quote:

I'm not going to pay






Posted by TH03
Mogadishu
Member since Dec 2008
171912 posts
Posted on 4/12/19 at 8:42 am to
quote:

this ruins all these threads. people can't have a macro/meta discussion on anything like this.


A lot of people here have seriously issues with discussing things with people from other generations. It becomes tribalistic.
Posted by TH03
Mogadishu
Member since Dec 2008
171912 posts
Posted on 4/12/19 at 8:47 am to
"Hahaha look at this millennial who has enough money to do what he wants and is actually doing it!!!"

Sorry you live a miserable life.

Living a life and actually doing what you enjoy is never a bad thing unless you can't afford it.
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
42094 posts
Posted on 4/12/19 at 8:49 am to
I dont understand how moving to the fricking midwest is a valid argument here atm
Posted by cable
Member since Oct 2018
9735 posts
Posted on 4/12/19 at 8:50 am to
glad we agree, it's your choice to live where you want and pay for it
Posted by Centinel
Idaho
Member since Sep 2016
44051 posts
Posted on 4/12/19 at 8:50 am to
quote:

I dont understand how moving to the fricking midwest is a valid argument here atm


Because despite perceptions, there is plenty of affordable housing and jobs in the midwest?
Posted by fallguy_1978
Best States #50
Member since Feb 2018
51951 posts
Posted on 4/12/19 at 8:52 am to
quote:

people can't have a macro/meta discussion on anything like this.

I wasn't saying you were complaining. Simply that a lot of the talk in this thread has been about the high cost of housing in expensive housing markets.

I couldn't have afforded a house in Denver in my late 20s or early 30s either. For most, it's a choice to live in those areas. To each their own but it may limit/delay your home ownership potential until later in life or you'll end up 45 minutes out in the burbs.
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