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re: The High Cost of a Home Is Turning American Millennials Into the New Serfs

Posted on 8/21/17 at 10:12 pm to
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37579 posts
Posted on 8/21/17 at 10:12 pm to
quote:

clearly you are not in South LA like many here are talking about. Industrial welders on average in the SW LA and SE TX are make twice what you are saying. hell look on indeed for welders in Lake Charles and you will see mutiple listing for combo welders for 36/hour. Call truner or wyatt and see how much they pay, its way way more than 17-25. Not trying to be mean but you are using the average across the US and trying to apply it to South LA where everyone else is talking about. Commercial trades don't make nearly what those in the plants make.



No one is disputing this, but you are talking about a very small percentage of the overall data set. Welders in South La could be far outpacing what the average welder makes; that does not change what the average welder makes. The data says that people today do not make as much money as people did in 1980. People like Roger can dispute that all they want by giving examples of their kids or one city in Alaska, but the data says they make less. There is no changing that.
Posted by ellishughtiger
70118
Member since Jul 2004
21182 posts
Posted on 8/21/17 at 10:13 pm to
quote:

The only millennials I see whining are on TD. Most I know are living the dream



The beauty about being anonymous on the internet is to vent out what really is bugging you...

My 20's were awesome though, I did not make an incredible amount of money but I sure as hell lived the dream - traveled the world, drank a lot, nailed a bunch of chicks, minimal responsibility with my job ect. ect.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 8/21/17 at 10:13 pm to
quote:

Welders in South La could be far outpacing what the average welder makes;


Posted by NYNolaguy1
Member since May 2011
21849 posts
Posted on 8/21/17 at 10:15 pm to
quote:

your engineering buddies are in south LA then they have something wrong with them if they don't have mutiple offers if they are willing to work the industrial arena or for firms that work those areas. Design is always going to be up and down but other areas are booming and have been for years. If you have an outgoing personality, are willing to get your hands dirty and have mechanical sense than civil/mechanical/chemical engineering in the industrial arena is 100% a golden ticket.


Honestly if La wasnt so fricked up politically and functionally I would consider moving back down quickly.

Instead you have the likes of JBE and Mitch and the other clowns in the clown car running the state. I would rather pay higher taxes with good schools and low crime than get a lottery number close to whatever plant offers the highest pay closeby.

Posted by StrongBackWeakMind
Member since May 2014
22650 posts
Posted on 8/21/17 at 10:17 pm to
Pardon my ignorance, what's funny about that?
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 8/21/17 at 10:21 pm to
quote:

Pardon my ignorance, what's funny about that?


Anywhere there's industrial or pipeline pays what you can get in S. La. Wyoming, rig guys are getting 75 to 100 an hour.


Big difference between fab shop and industrial wages though.
Posted by StrongBackWeakMind
Member since May 2014
22650 posts
Posted on 8/21/17 at 10:22 pm to
Gotcha.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 8/21/17 at 10:23 pm to
I mean you can make great money in S. La. just talked to a guy who was in Lake Charles for the summer and what he made plus bonus and per diet seemed pretty damn high
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 8/21/17 at 10:43 pm to
quote:



Your generation will work less, have more leisure time, better health, live longer and more productively than ever before.

Yet you bitch constantly


You forgot the *is significantly smarter part too.

We probably bitch more because we have more access to information. We can can see the details of your generations frick ups at the click of a button. Unfortunately, the bad far outweighs the good.. and your generation is going to have to come to terms with being labeled as failures. It happens. It's a cyclical thing and honestly it's your generations shitty parents fault and not your own.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 8/21/17 at 10:45 pm to
quote:

We can can see the details of your generations frick ups at the click of a button


Yes, the generation previous to mine embraced oppressive government and big spending. We all pay for it
Posted by Drunken Crawfish
Member since Apr 2017
3883 posts
Posted on 8/21/17 at 10:58 pm to
quote:

I always here this about millenials but all the ones I know are doing just fine.


I love the stereotyping that people give millenials. It makes it significantly easier for those of us that can look people in the eye and hold a conversation to stand out.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
96286 posts
Posted on 8/21/17 at 11:03 pm to
quote:

Your generation will work less, have more leisure time


True story - now, my kids are hardworking millenials - but they've all had more vacations than I've ever had. I'd blame the military reserve time, because that usually ate vacation time wherever I've been, but 2 of my 3 are in the reserves, too.

In some ways, they just have a significantly different set of priorities. And I'm cool with that, I just don't want to hear much more of the bitching, "We can't afford a house." Sure you can - manage your expectations and budget. People want to sell houses. It's still the best way for a middle class couple to build wealth.

But, if that's not a priority for you, be a happy, well traveled, all teched up, houseless motherfricker. It happens.
This post was edited on 8/21/17 at 11:04 pm
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 8/21/17 at 11:06 pm to
quote:

In some ways, they just have a significantly different set of priorities. And I'm cool with that, I just don't want to hear much more of the bitching, "We can't afford a house." Sure you can - manage your expectations and budget. People want to sell houses. It's still the best way for a middle class couple to build wealth.


It seems many want to graduate and have the same lifestyle their parents have, but it dont work that way.
Posted by gaetti15
AK
Member since Apr 2013
15699 posts
Posted on 8/21/17 at 11:12 pm to
quote:

forgot the *is significantly smarter part too.


As measured by college degrees?

You know that doesn't mean shite in terms of total intelligence.

There are many people smarter than you or I that didn't go to college.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37579 posts
Posted on 8/21/17 at 11:12 pm to
quote:

True story - now, my kids are hardworking millenials - but they've all had more vacations than I've ever had. I'd blame the military reserve time, because that usually ate vacation time wherever I've been, but 2 of my 3 are in the reserves, too.



It's significantly cheaper and easy to travel than it has been ever before. Part of the reason millennials travel so much is because that's what they'd rather spend their money on, but part of it is also they can. If the accessibility to travel would have been like this is 1970 a 25 year old during that time would have traveled like a 25 year old today does.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
76237 posts
Posted on 8/21/17 at 11:17 pm to
Most everyone in these types of discussions already has their mind made up as to a bogeyman generation (a minority have no bogeymen).

I've gotten to know well and worked with folks born from the 1910s to the 1990s.

I've only worked for folks born from the '10s to the '40s.

A couple of observations:
While generational generalizations and stereotypes have some validity, good work ethic coupled with good attitude & decision-making in a person will win the day for an individual in any birth year.

Might it be harder to succeed for one birth year person versus a different birth year person? Undeniably so. It always will be. But not drastically different to make success unattainable for significant numbers of any year's crop.

It's waaay too easy to dismiss and profile entire birth decades or generational groups. Everyone's situation is different and exactly specific to that single person. And each individual's outcome is based largely on their own work ethic, attitude & choices. I try to remember this when dealing with others.

tl/dr: There's good, mediocre, and bad in every generation.
The cream will rise to the top.
Posted by lsu777
Lake Charles
Member since Jan 2004
38775 posts
Posted on 8/21/17 at 11:28 pm to
quote:

No one is disputing this, but you are talking about a very small percentage of the overall data set. Welders in South La could be far outpacing what the average welder makes; that does not change what the average welder makes. The data says that people today do not make as much money as people did in 1980. People like Roger can dispute that all they want by giving examples of their kids or one city in Alaska, but the data says they make less. There is no changing that.


I get that. But most people that suggest you get a trade are saying that based on the fact that they live in South LA. That was my point.

But in general across teh US, if you are willing to chase the money as a craftsman, then you can make way more than the average. Like roger said, look at what people on pipelines are making, look at what the oil field guys are making(the ones that are still working are still making bank). Again you have to be a fricking hustler. You aren't going to make a good living by being comfrotable if you don't have a degree.

Sure that kind of life is not for everyone, but it does provide a great life. Another thing you are not considering is that many people that spend more than 10-12 years in a trade become a foreman or move into some form of management. This isn't reflected in your average pay.

Posted by lsu777
Lake Charles
Member since Jan 2004
38775 posts
Posted on 8/21/17 at 11:33 pm to
quote:

Honestly if La wasnt so fricked up politically and functionally I would consider moving back down quickly.

Instead you have the likes of JBE and Mitch and the other clowns in the clown car running the state. I would rather pay higher taxes with good schools and low crime than get a lottery number close to whatever plant offers the highest pay closeby.


We talked a couple years ago as you have fire protection engineering like me. And yea.....for your expierence and credentials, you should be making way way more living in the NYC area. You could easily make what you indicated you make plus some with much much lower cost of living. I understand though about the whole state government thing.

You could always look at southeast texas though. No state income tax, great schools and a low crime rate with even more plants than South LA.
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 8/21/17 at 11:34 pm to
quote:


As measured by college degrees?

You know that doesn't mean shite in terms of total intelligence.

There are many people smarter than you or I that didn't go to college.



Measured by IQ
Posted by THRILLHO
Old Metairie near Cleary
Member since Apr 2006
50506 posts
Posted on 8/21/17 at 11:56 pm to
quote:

And yea.....for your expierence and credentials, you should be making way way more living in the NYC area.


I'll take your word for it that you know him well from your private conversation: if he's complaining about his salary in NYC, that's not unusual. NYC and the Bay Area have some of the worst salary:cost of living ratios in the nation:
LINK


I know that's "software engineering" specific, but I've seen a general engineering study that mirrored those results. Can't find it doe.
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