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I reject the idea that young adults/millennials “have it harder” than boomers at that age

Posted on 3/30/19 at 10:26 am
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69289 posts
Posted on 3/30/19 at 10:26 am
Sure college debt is a problem, but it’s only a problem for people who didn’t use their college years to obtain a marketable degree.

Millennials also claim housing more expensive, but that is because unlike boomers who fled the cities (almost every major city on the eastern seaboard lost significant population in the 60s,70s,80s,90s) for cheap suburban wide open land in the sunbelt and west, millennials are obsessed with reversing that trend and moving back to cities and trendy college towns. That will mean they have to deal with higher prices of homes and units.
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
66430 posts
Posted on 3/30/19 at 10:29 am to
This couldn’t be more wrong.

Let’s also add in, the very common, 1-2 year unpaid internships on top of that. Sky rocketing cost of vehicles too.

And plenty more....
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260351 posts
Posted on 3/30/19 at 10:29 am to
Everyone should because it's 100% bullshite.

They live in some of the best economic times with a lifestyle of ease.
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
66430 posts
Posted on 3/30/19 at 10:31 am to
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69289 posts
Posted on 3/30/19 at 10:31 am to
Vehicle costs are rising because they are coming with far more bells and whistles

You really want to see what boomers were driving in their 20s?
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
66430 posts
Posted on 3/30/19 at 10:32 am to
quote:

Vehicle costs are rising because they are coming with far more bells and whistles

You really want to see what boomers were driving in their 20s?


I don’t give a shite, at least you could afford a vehicle.

How much was your smartphone bill in the 70s/80s? And don’t tell me that’s a luxury because it’s now a necessity. Society functions on them.
This post was edited on 3/30/19 at 10:34 am
Posted by Zach
Gizmonic Institute
Member since May 2005
112460 posts
Posted on 3/30/19 at 10:32 am to
quote:

millennials are obsessed with reversing that trend and moving back to cities and trendy college towns. That will mean they have to deal with higher prices of homes and units.


This trend is starting to reverse. Millennials aren't in their 20s anymore. The nice but small apt in a trendy part of the city isn't cutting it. If you're in your 30s now and have a wife and want a kid and a dog you need a back yard.
They are starting to move to the ex-burbs.
Posted by Taxing Authority
Houston
Member since Feb 2010
57222 posts
Posted on 3/30/19 at 10:33 am to
quote:

Everyone should because it's 100% bullshite.
It is.

The boomers didn’t carry around he sum of the worlds knowlege in their pocket. Millennials have more opportunities than any point in the history of mankind. It’s not even close.
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69289 posts
Posted on 3/30/19 at 10:33 am to
So genius, explain to me why car companies weren’t able to charge high prices for cars back then? Why would they only now decide to bilk consumers?
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260351 posts
Posted on 3/30/19 at 10:33 am to
quote:

Vehicle costs are rising because they are coming with far more bells and whistles


Vehicles also last twice as long as they did 30 years ago.

Plus you aren't paying 15% interest on a note.
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54207 posts
Posted on 3/30/19 at 10:33 am to
quote:

You really want to see what boomers were driving in their 20s?


When I was in my twenties I still remember a/c being optional when buying a car or truck.
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61213 posts
Posted on 3/30/19 at 10:34 am to
Quality of life is way better. A lot of millennials contributed nothing to obtaining that quality of life.


Millennials do have a beef with the college scam though. They were preached and preached to about how college is the end all be all.

How many stories of "first generation college grads" have you heard where the person graduates in some completely useless discipline? Waste of time.

The problem is companies demand a lot of college grads in fields that have nothing to do with any college degree.

We need to stop forcing kids to take a shite ton of liberal arts courses. Taking a few is okay, but as it stands theres about 40 hours of college credit wasted on useless garbage, and even more credit hours that arent directly contributing to the degree.


Liberal arts degrees should not be publicly funded in anyway shape or form.

They should just have kids start directly into things like law school right out of HS. Let law schools choose their candidates earlier and do a 4 year law degree program, just as an example.

The entire education system needs to be cut down and overhauled. Theres so much fat.
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
66430 posts
Posted on 3/30/19 at 10:34 am to
quote:

The boomers didn’t carry around he sum of the worlds knowlege in their pocket.


Cost $$$ to do that...
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54207 posts
Posted on 3/30/19 at 10:37 am to
quote:

Millennials do have a beef with the college scam though.


It's like reporters never ask those millennial pipefitters and welders and offshore workers how they feel about current situations. It's always the college millennials that get air time on the news.
Posted by Taxing Authority
Houston
Member since Feb 2010
57222 posts
Posted on 3/30/19 at 10:37 am to
quote:

I don’t give a shite, at least you could afford a vehicle.
This is BS. The cars boomers bought had manual transmissions, roll up windows, AM radios, and A/C was optional.

Millennials are too spoiled to buy anything resembling that.

1 3 5
|—|—|
2 4 R

Is a mystery to most kids today.
This post was edited on 3/30/19 at 10:39 am
Posted by Zach
Gizmonic Institute
Member since May 2005
112460 posts
Posted on 3/30/19 at 10:38 am to
quote:

When I was in my twenties I still remember a/c being optional when buying a car or truck.


Hell, I remember when new cars didn't come with seat belts.
Posted by SoulGlo
Shinin' Through
Member since Dec 2011
17248 posts
Posted on 3/30/19 at 10:40 am to
quote:

Sure college debt is a problem, but it’s only a problem for people who didn’t use their college years to obtain a marketable degree.

Millennials also claim housing more expensive, but that is because unlike boomers who fled the cities (almost every major city on the eastern seaboard lost significant population in the 60s,70s,80s,90s) for cheap suburban wide open land in the sunbelt and west, millennials are obsessed with reversing that trend and moving back to cities and trendy college towns. That will mean they have to deal with higher prices of homes and units.


Every one of their supposed problems is self-inflicted.

I hire them for summer work. They would rather make very little money and take out student loans just to stay in town instead of make great money for a few months out of town... even with all expenses and housing covered.

I have zero sympathy for them.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260351 posts
Posted on 3/30/19 at 10:40 am to
quote:

Millennials do have a beef with the college scam though. They were preached and preached to about how college is the end all be all.


Even in my day, most people couldn't go to college unless you had scholarships or parents paid for it.

I always laugh at the wusses who think they "struggle" today when life is so easy.
Posted by Taxing Authority
Houston
Member since Feb 2010
57222 posts
Posted on 3/30/19 at 10:41 am to
quote:

Cost $$$ to do that...
No. it doesn’t. It’s an opportunity.

Ultimately you’re demonstrating the problem here.

You have opportunities (assets) you see as expenses. Likely because you use your phone to consume content rather than put it you to learn, communicate, etc.
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
11809 posts
Posted on 3/30/19 at 10:41 am to
quote:

I don’t give a shite, at least you could afford a vehicle.

There are multiple new vehicles you can get for under $15K. And that’s not even factoring in the used market that has surged as cars have become more reliable and durable. This is not a good area to make your point.
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