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Started By
Message
re: Millennials being squeezed out of middle class, says OECD
Posted on 4/11/19 at 7:24 am to jimbeam
Posted on 4/11/19 at 7:24 am to jimbeam
quote:
quote:
a place has a really low cost of living....it’s cause no one wants to live there.quote:
This is so dense
She also lives in one of the most environmentally unsustainable cities in the country that is highly vulnerable to housing bubbles (Phoenix metro).
0
Posted on 4/11/19 at 7:25 am to Cheese Grits
Holy shite you are delusional.
When you were growing up you didn’t need insurance for health, auto, or home. You only had to pay electricity, landline phone, and water bill. Now at a bare minimum you have water, power, phone and internet that are required to partake in today’s society.
It’s not the evil corporations fault either. When everyone was told they “deserved” the life you described, and the government mandated banks lend to people to buy that life is how we got here.
When you were growing up you didn’t need insurance for health, auto, or home. You only had to pay electricity, landline phone, and water bill. Now at a bare minimum you have water, power, phone and internet that are required to partake in today’s society.
It’s not the evil corporations fault either. When everyone was told they “deserved” the life you described, and the government mandated banks lend to people to buy that life is how we got here.
This post was edited on 4/11/19 at 7:34 am
Posted on 4/11/19 at 7:26 am to Hammertime
quote:It's not uncomfortable. Sounds like some have their expectations out of whack. If checking your account to make sure the expenses for your trifles don't cause an overdraft is painful, you've been spoiled.
Looking at your checking account every day is not what I'd call living comfortably
Posted on 4/11/19 at 7:27 am to Stumplstiltzkin
(no message)
This post was edited on 4/11/19 at 7:28 am
Posted on 4/11/19 at 7:27 am to Hoops
quote:
3+ wage earners? Jesus Christ do they all flip burgers for the clown?
One for the clown, one for the king, and one for Jack. None of them go and work for the Cow though because he’s a hateful bigot. Never mind he offers 401k and career training
Posted on 4/11/19 at 7:29 am to Janky
Not in the slightest.
Posted on 4/11/19 at 7:29 am to Bob Sacamano
quote:
I don't know how to define the middle but I can say that I feel like these days you need +$200K and almost no debt (maybe a mortgage) to keep up if you have a family
The middle is the middle. Why people over think it, I'll never know. This thread will be full of a bunch of people who want to be called middle class with their $150k incomes. It's asinine.
Posted on 4/11/19 at 7:31 am to CaptainBrannigan
If YOU are not making $18.75/hr by the time YOU are 30. YOU have failed. Not the system
Posted on 4/11/19 at 7:31 am to cable
quote:
cable
Youre full of shite. Im a millennial and the house I under contract on looks extremely similar to the 1970's style.
Not all are shite heads....not all got a gender studies degree. You guys seem to be the get off my lawn type when people say that we dont have the same opportunities as the boomers....WE DONT. But some of us chose to roll up are sleeves and work for something and not just expect a hand out.
Posted on 4/11/19 at 7:31 am to GATORGAR247
quote:
What do you consider shitty? I live on the gulf coast of Texas. I can show you thousands of houses in that price range in good school districts with Low crime rates. They will be 25 to 50 year old houses. But still nice. Paying 400k for a house is really not necessary.
I was going to ask, do youngun's do starter homes anymore?
Posted on 4/11/19 at 7:31 am to CoeJ
quote:
$170k
What year is it?
Posted on 4/11/19 at 7:32 am to slackster
quote:
The middle is the middle. Why people over think it, I'll never know. This thread will be full of a bunch of people who want to be called middle class with their $150k incomes. It's asinine.
I remember in one of these threads, someone was acting like he was a struggling in the middle class while describing his $350k house in a nice subdivision. I laughed hard at that.
Meanwhile, the median household income in the US is around $61,000 a year.
Posted on 4/11/19 at 7:32 am to cable
quote:
3 words that describe that generation perfectly
Posted on 4/11/19 at 7:33 am to Mizz-SEC
quote:
I was going to ask, do youngun's do starter homes anymore?
Starter home = an hour plus outside the city in big cities.
This post was edited on 4/11/19 at 7:33 am
Posted on 4/11/19 at 7:34 am to someLSUdoosh
Not a boomer, not even close.
Posted on 4/11/19 at 7:34 am to TH03
quote:
Starter home = an hour plus outside the city in big cities.
Ok...
Posted on 4/11/19 at 7:34 am to cable
quote:
Not a boomer, not even close.
Ah so you're one of the millennials on here who doesn't realize they are a millennial.
Posted on 4/11/19 at 7:35 am to GetCocky11
quote:
I remember in one of these threads, someone was acting like he was a struggling in the middle class while describing his $350k house in a nice subdivision. I laughed hard at that.
Meanwhile, the median household income in the US is around $61,000 a year.
It happens every time. People romanticize the middle class because of the hard worker connotations, so they'll talk some BS about how they feel middle class with their 90th percentile incomes. It's embarrassing.
Posted on 4/11/19 at 7:36 am to Mizz-SEC
It’s really hard to find a builder that’s wants to build a starter home as they don’t make as much money as in a McMansion and have the same headaches. Also, those starter homes a lot of boomers bought in the cities are no longer starter homes, but the boomers retirement homes
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