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

Posted on 8/22/17 at 1:42 pm to
Posted by Drunken Crawfish
Member since Apr 2017
3883 posts
Posted on 8/22/17 at 1:42 pm to
quote:

RogerTheShrubber


I love your sig quote. And how it contradicts every response you have made on this thread.

quote:

Do What You Love Because Society Is a Trap and Work is Meaningless. Joe Rogan
This post was edited on 8/22/17 at 1:45 pm
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
53509 posts
Posted on 8/22/17 at 1:43 pm to
quote:

I love your sig quote. And how it contradicts every response you have made on this thread.


I never noticed that.
Posted by lsupride87
Member since Dec 2007
112628 posts
Posted on 8/22/17 at 1:44 pm to
quote:

You pull your personal story in every single one of these threads when people are talking at a macro level.
True, how about this. I am 30 years old, have no college debt because I used scholarships and was asmart on choosing to attend in state, graduated in a technical degree, got my CPA by 23 years old,own a house, and have moved up in my company.

Therefore, all millenials are independent successes
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
74674 posts
Posted on 8/22/17 at 1:44 pm to
quote:

'm not expecting the SS check I EARNED because your generation wasted it. Not completely y'all's fault though, the whole thing is a Ponzi Scheme. You should read about it sometime


My generation? Do you think I'm a boomer? And yes, I've known it was a Ponzi Scheme since I was as young or youmger than you. But instead of whining and bitching about it, I started putting back momwy from retirement from day one. I made sure me and mine will be provided for when I'm ready to retire.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 8/22/17 at 1:45 pm to
quote:

Just admit your generation had it better. It doesnt make you a bad person


When I graduated high school unemployment in my area was 20%, inflation through the roof, interest rates peaked at 20% a few years later. Manufacturing jobs were disappearing, no one was hiring and your only hope for employment was to get a minimum wage job and work your way up. This was the norm in NW Louisiana, this isn't some anecdotal individual tale.

But yeah...we had it so much easier.

So, what I did was get a minimum wage job, go to school at night, build my house on my own over a few years while living in an apartment. Not that's anecdotal, but it's the reality we all faced at the time.



Now while things may have been less expensive at face value, no one could afford shite because of interest rates.

You people whining about not having upper middle class standards at age 25 really don't get sympathy from anyone and never will. Life sucks for you because you suck at life.
Posted by lsupride87
Member since Dec 2007
112628 posts
Posted on 8/22/17 at 1:45 pm to
quote:

But instead of whining and bitching about it, I started putting back momwy from retirement from day one. I made sure me and mine will be provided for when I'm ready to retire.
You realize millenials actually are the best generation in terms of saving for retirement right?
Posted by lsupride87
Member since Dec 2007
112628 posts
Posted on 8/22/17 at 1:46 pm to
quote:

But yeah...we had it so much easier.

Correct. You did
Posted by CorporateTiger
Member since Aug 2014
10700 posts
Posted on 8/22/17 at 1:46 pm to
Does anyone who claims that milennials could afford the same houses their parents afford at 25-30 have an answer to this graph?



The notion that milennials could afford the same houses their parents afforded is ridiculous and completely unsupported by any facts. Oh and compounding that graph above take a look at this



Disposable income has decreased and tuition continues to increase. That is a triple whammy of milennials being materially worse off than their parents, yet how is any of this their fault?
Posted by lsupride87
Member since Dec 2007
112628 posts
Posted on 8/22/17 at 1:46 pm to
quote:

Life sucks for you because you suck at life.
Not really
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
53509 posts
Posted on 8/22/17 at 1:46 pm to
quote:

Do you think I'm a boomer? And yes, I've known it was a Ponzi Scheme since I was as young or youmger than you. But instead of whining and bitching about it, I started putting back momwy from retirement from day one. I made sure me and mine will be provided for when I'm ready to retire.


You are basically the 40 something year old version of this

Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 8/22/17 at 1:47 pm to

quote:

I love your sig quote. And how it contradicts every response you have made on this thread.


I'm speaking to people complaining about their meaningless live. My own philosophy varies greatly from theirs.
Posted by lsupride87
Member since Dec 2007
112628 posts
Posted on 8/22/17 at 1:47 pm to
quote:

Disposable income has decreased and tuition continues to increase. That is a triple whammy of milennials being materially worse off than their parents, yet how is any of this their fault?
Roger and Darth are just too emotionally invested. Which is weird
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37578 posts
Posted on 8/22/17 at 1:49 pm to
quote:

This was the norm in NW Louisiana,


quote:

this isn't some anecdotal individual tale


That's precisely what it is. Your talking about one tiny little sliver of one of the smallest states, or a less than 1 percentage point of the overall data set. That's the definition of an anecdote.
Posted by CorporateTiger
Member since Aug 2014
10700 posts
Posted on 8/22/17 at 1:50 pm to
It's fricking crazy to me that people can't acknowledge the facts about this stuff. Milennials have issues, no denying that. Pretending that not buying an iPhone is magically going to put them in a house is retarded though.

College tuition rising so fast and the lack of real income growth is a huge issue people are ignoring.
This post was edited on 8/22/17 at 1:51 pm
Posted by lsupride87
Member since Dec 2007
112628 posts
Posted on 8/22/17 at 1:51 pm to
Honesly, it is social media.


Darth, Roger, and the other Xers and boomers with social media let it completely warp their brains. They think millnials are this lazy slob infested generation. Which just simply isnt true as a whole. They are similar to all those before them


For example, my dad is 61 and never been on social media a day in his life. He would never say he thinks the millenials are like anything this board portrays. He knows me and my friends as young successful 30 year olds. Yeh, he calls our music and clothes shite, but that is typical generation shite.


Social media has made older people morons with this "worst generation ever!!!!!" shite. Same with people thinking their is a race war. When I walk around in my daily life everything seems completely normal and fine. But if I get on this site or watch the news, you would swear we are about to implode.
This post was edited on 8/22/17 at 1:53 pm
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 8/22/17 at 1:51 pm to
quote:

That's precisely what it is. Your talking about one tiny little sliver of one of the smallest states,


In addition to econ, you fail to grasp the meaning of simple words. What you're talking about is sample size, not anecdote.

Research the economy between 73-85. Find someone who understands to interpret the big words for you.
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
74674 posts
Posted on 8/22/17 at 1:52 pm to
quote:




You pull your personal story in every single one of these threads when people are talking at a macro level.

Congratulations on making it in life, but your story has absolutely nothing to do with the discussion.


You're missing the point and making excuses for failure. The point of sharing my personal story is to show that I'm nothing special, I possess no super power or unsual talent. And if I can make it from where I was then to where I am now, then there is no reason a kid can't do the same today. The economy sucked back then as it does now. So you can either sit there and have a fricking pity party and feel sorry for yourself and how unfair life is to you and your peers. Or you can do like I did, than and others are doing today, and go make something of yourself.

I'll tell you one thing for sure that won't help. That's trying to blame everyone else for all your problems.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 8/22/17 at 1:53 pm to
quote:

They think millnials are this lazy slob infested generation.

Actually not. Most are awesome compared to the ones who post on the OT.

I've had hundreds work for me, most were amazing people.
This post was edited on 8/22/17 at 1:54 pm
Posted by lsupride87
Member since Dec 2007
112628 posts
Posted on 8/22/17 at 1:54 pm to
quote:

You're missing the point and making excuses for failure. The point of sharing my personal story is to show that I'm nothing special, I possess no super power or unsual talent. And if I can make it from where I was then to where I am now, then there is no reason a kid can't do the same today. The economy sucked back then as it does now. So you can either sit there and have a fricking pity party and feel sorry for yourself and how unfair life is to you and your peers. Or you can do like I did, than and others are doing today, and go make something of yourself.

I'll tell you one thing for sure that won't help. That's trying to blame everyone else for all your problems.
You are missing the point. It is a simple fact to say millenials have it harder. Whatever you just posted is just rambling
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
76162 posts
Posted on 8/22/17 at 1:54 pm to
This bullshite several pages back about plumbers only average $23 hr ...

That means half of them make more.

23/hr is 50k.

Now, take your 65k and subtract your student loan payments and tell me who makes more.

And realize half of the plumbers make more than that.
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