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Started By
Message
re: Do young people have it harder today? Did Boomers ruin everything?
Posted on 12/6/25 at 7:38 am to kingbob
Posted on 12/6/25 at 7:38 am to kingbob
quote:SMH. Just incredible.
By all accounts, youth are living in conditions not seen since the Great Depression
For point of reference, this is how people were living in the Great Depression.
3
Posted on 12/6/25 at 7:40 am to NC_Tigah
quote:
Just incredible.
It is, isn't it?
Populism is powerful. It will make you deny what your own eyes see.
Posted on 12/6/25 at 7:42 am to NC_Tigah
quote:
The facts don't remotely resemble what boogiewoogie1978 and others seem to believe
Yet those facts won't make the slightest bit of difference to them.
I guarantee it.
Posted on 12/6/25 at 7:44 am to Auburn1968
quote:
An old friend paid his way through MIT with a part time job, but that was >40 years ago when tuition there was $2400. Can't do that these days.
Yes you can.
It's more complicated than that now and requires more radical strategies, but of course you can. I know young people who did.
This post was edited on 12/6/25 at 7:46 am
Posted on 12/6/25 at 7:49 am to NC_Tigah
quote:
For point of reference, this is how people were living in the Great Depression.
All you had to do was live with someone who went through it. My FIL had three pensions from 3 different careers and has been quite comfortable ever since I've known him. He'll still put a quarter of a bologna sandwich in a ziplock bag in the fridge. My grandmother used some makeup tool to put on lipstick once the tube got used up because there was another fraction of an inch she could dig out at the bottom. She used a little mesh bag for soap scraps when they got too small to be useful.
Yeah, I see that a lot in these dark times.
Posted on 12/6/25 at 8:00 am to Flats
quote:
All you had to do was live with someone who went through it. My FIL had three pensions from 3 different careers and has been quite comfortable ever since I've known him. He'll still put a quarter of a bologna sandwich in a ziplock bag in the fridge. My grandmother used some makeup tool to put on lipstick once the tube got used up because there was another fraction of an inch she could dig out at the bottom. She used a little mesh bag for soap scraps when they got too small to be useful.
My grandmother moved in with us when I was a senior in high school. She was the same way.
Of course, I already knew that from having spent time during the summers on their farm growing up. They were the quintessential examples of that generation that had a "sitting room" that none of us were allowed to sit in lest we put wear and tear on the furniture and the furniture in the "den" (where everyone was allowed to sit) had plastic covers over it. Same with the seats in their car.
And I called their home a "farm," but it was only a commercial farm in the sense that Pap rented out the pastures to other people who owned cows. However, they did have a garden as large as a small farm and they grew and canned about 85% of their own food.
They bought meat, butter, flower, oil/lard, sugar (and other baking ingredients), and coffee from the store. And clipped coupons for those items (and their net worth was seven figures, although it was mostly tied up in property). Other than that, they grew it.
Posted on 12/6/25 at 8:05 am to Penrod
You motherfrickers spend an inordinate amount of time whining about and analyzing who to blame. If you put half as much effort into overcoming your obstacles, you just might get over them.
But I guess you’d have less to bitch about then.
But I guess you’d have less to bitch about then.
Posted on 12/6/25 at 8:13 am to Flats
quote:I guess the point of reference is to unemployment. But the counter is aggregating $200K in debt to obtain a 4-yr college degree in Nordic Lesbianism, Post-medieval Russian Music, Outdoor Activities, Western Colonialism, General Studies, The Humanities, etc., probably is not the brightest choice of paths. It's just nonsensical.
I see that a lot in these dark times
I know a couple of girls who chose to go to Notre Dame to pursue 1° or 2° school teaching degrees. Now they're carrying a huge debt load.
Notre Dame runs about $86,045 per year, including about $67,607 for tuition/fees and $18,438 for room and meals. That does not include additional costs for books, travel, personal expenses, extracurriculars, etc.
So roughly $350,000, all in, to attain a teaching certificate with an expected pay in the range of $65,000-$70,000 a year. What kind of logic drives that decision?
Posted on 12/6/25 at 9:20 am to Penrod
NO!
I was born during WW II. I've lived during the "Good Ole Days".
A Couple years ago my 94 year old Mother in Law was living with us, in her last days. She was complaining.
I told her, Annie you are living better than Kings lived a hundred years ago. She disagreed.
I told her Kings in 1900, didn't have that running hot and cold water, toilet paper, TV, Air Conditioning.
The difference in then and now is poverty forced young people to look for a job. Now freeloading is a career.
I was born during WW II. I've lived during the "Good Ole Days".
A Couple years ago my 94 year old Mother in Law was living with us, in her last days. She was complaining.
I told her, Annie you are living better than Kings lived a hundred years ago. She disagreed.
I told her Kings in 1900, didn't have that running hot and cold water, toilet paper, TV, Air Conditioning.
The difference in then and now is poverty forced young people to look for a job. Now freeloading is a career.
Posted on 12/6/25 at 9:29 am to NC_Tigah
Losers at life always complain about other generations.
Posted on 12/6/25 at 9:34 am to Zach
quote:
If you didn't have money for college you skipped college and found a job.
I tried to go to college in 1960. My parents were in poverty, trying to eke out an existence on a farm.
I could get a $200.00 Gov't loan, if I could come up with $200. My older brother and sister each gave me $100..
I, along with several others, worked in the university cafeteria, .50 cents an hour, to stay in school. I dropped out, joined the Navy for seven years. Then I used the GI Bill to finish college.
My first house was about 1200 sq ft, about $15,000. in 1972.
My two sons, when they were teenagers, worked summer jobs at fast food restaurants.
Don't see many teenagers working now days. Mostly illegals..
My first house was about 1200 sq ft, about $15,000. in 1972.
So, about twelve years after HS, (Poverty) I could afford my first home.
My two sons, when they were teenagers, worked summer jobs at fast food restaurants. Both bought their homes almost immediately after graduating college.
Just my experience.
Don't see many teenagers working now days. But they can afford the necessities, Tatoos, Nose Rings, and other Body Piercings.
Mostly illegals working fast food jobs..
This post was edited on 12/6/25 at 9:52 am
Posted on 12/6/25 at 9:35 am to 4cubbies
quote:
I would happily forfeit equity for more of my peers and younger cohorts to be able to afford to purchase homes.
No you wouldn’t. If so, sell your shite and give it away to the poor. Just more virtue signaling from a libtard.
Oh and you’re a communist.
This post was edited on 12/6/25 at 9:50 am
Posted on 12/6/25 at 10:24 am to Flats
quote:
Housing costs as a share of income are about what they were when I graduated in the late 80s
Average salary today is around $70k and average house price is $450k. Was this also the case in the 80s? Interest rates always fluctuate but once you buy, you’re on the hook for the Aquisition cost until it’s paid
Posted on 12/6/25 at 10:57 am to MC5601
quote:
verage salary today is around $70k and average house price is $450k. Was this also the case in the 80s? Interest rates always fluctuate but once you buy, you’re on the hook for the Aquisition cost until it’s paid
Interest rates always fluctuate, true - but so do home values and the fraction of a HH budget that goes to housing.
One thing has remained constant - with every generation, the size, quality and features of homes has gotten better, and I think it's fair to say that trend speeds up over time. This should always be considered in this discussion.
12 or so years ago it was a fantastic time to buy. Less than ten years after that was a shitty time to buy. Today, we are trending towards a good time to buy. This is like it has always been. The real estate cycle isn't a boomer invention designed to ruin the lives of millennials.
Posted on 12/6/25 at 12:58 pm to tigerinthebueche
quote:
You motherfrickers spend an inordinate amount of time whining about and analyzing who to blame
quote:
tigerinthebueche
The problem with you is you either can’t, or won’t, read. Go back and read the damn post. I’ll be waiting for your apology.
Posted on 12/6/25 at 5:19 pm to kingbob
quote:
By every mathematical measure, yes. Real wages and purchasing power relative to cost of living are WAY down compared to literally any other "modern" generation. By all accounts, youth are living in conditions not seen since the Great Depression. The labor market is broken, housing has never been more expensive, food is unaffordable, people are putting off marriage and children longer and longer due to financial hardship, etc.
By every mathematical measure? Except for the inflation adjusted wage data, which clearly shows that wages are up.
quote:
The latest Labor Department data indicate that fewer and fewer males between the ages 16 and 24 are in the labor force. It used to be that more than 70% had a job; now less than 60% do. Labor force participation for men even into their 30s is at or near an all-time low. Men without jobs is a prescription for social chaos. I would argue this is the MOST important age for a man to be hard at work, honing his job skills and on the way to a career that makes him a suitable marriage partner. Marriage rates for young men are down as well. Their lack of work experience and a successful career trajectory is one major reason why. The earlier in life that men (and women) start working, the more successful they are likely to be in their careers, and the higher their lifetime earnings will be. Getting young people in the workforce is critical to solving so many of our societal problems. How can tuition, groceries, health care and housing be affordable when so many aren't earning a paycheck?
Another recent article showing the fuggers are just lazy
And here is the link showing that wages are up compared to the 1980s
Posted on 12/6/25 at 5:26 pm to UptownJoeBrown
quote:
No you wouldn’t. If so, sell your shite and give it away to the poor. Just more virtue signaling from a libtard.
The only appropriate hope is for most people who havent already purchases a home to be priced out of owning a home just because I happen to already have one?
quote:
Oh and you’re a communist.
Posted on 12/6/25 at 5:30 pm to MC5601
quote:1980:
Average salary today is around $70k and average house price is $450k. Was this also the case in the 80s?
Median home: 1600 sq-ft / $64,600 / $40 per sq-ft
Median income: $17,710
The 30 year fixed home loan rate in 1980 was 13.74%.
2025:
Median home: 2200 sq-ft / $425,000 / $193 per sq-ft
Median income: $83,730
The 30 year fixed home loan rate today is 6.34%. ($2113/mo payments)
Home cost = 5.1x HHI
Adjusting for the size differential, at $40 per sq-ft, a 2200 sq-ft home in 1980 would have cost $88,000.
1980 Home cost = 5x 1980 HHI
At the 1980 HomeCost/HHI ratio, today's equivalent median home price would be $416,000 instead of $425,000. But $416,000 at a 13.74% would run $3877 instead of the $2113/mo payments for the current $425K median home.
So folks in the 1980's were actually paying 1.8x more per month in terms of HHI for the same square footage vs current homebuyers.
It is what it is.
Posted on 12/6/25 at 5:44 pm to 4cubbies
quote:For most people who haven't already purchased a home, or are looking to upgrade, the better alternative would probably be to put those plans on hold a year or so.
The only appropriate hope is for most people who havent already purchases a home
Posted on 12/6/25 at 5:51 pm to Penrod
Hollywood ruins everything.
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