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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 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.
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 on 3/30/19 at 10:29 am to HailHailtoMichigan!
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....
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 on 3/30/19 at 10:29 am to HailHailtoMichigan!
Everyone should because it's 100% bullshite.
They live in some of the best economic times with a lifestyle of ease.
They live in some of the best economic times with a lifestyle of ease.
Posted on 3/30/19 at 10:31 am to GeorgeTheGreek
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?
You really want to see what boomers were driving in their 20s?
Posted on 3/30/19 at 10:32 am to HailHailtoMichigan!
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 on 3/30/19 at 10:32 am to HailHailtoMichigan!
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 on 3/30/19 at 10:33 am to RogerTheShrubber
quote:It is.
Everyone should because it's 100% bullshite.
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 on 3/30/19 at 10:33 am to GeorgeTheGreek
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 on 3/30/19 at 10:33 am to HailHailtoMichigan!
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 on 3/30/19 at 10:33 am to HailHailtoMichigan!
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 on 3/30/19 at 10:34 am to HailHailtoMichigan!
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.
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 on 3/30/19 at 10:34 am to Taxing Authority
quote:
The boomers didn’t carry around he sum of the worlds knowlege in their pocket.
Cost $$$ to do that...
Posted on 3/30/19 at 10:37 am to tiggerthetooth
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 on 3/30/19 at 10:37 am to GeorgeTheGreek
quote:This is BS. The cars boomers bought had manual transmissions, roll up windows, AM radios, and A/C was optional.
I don’t give a shite, at least you could afford a vehicle.
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 on 3/30/19 at 10:38 am to Homesick Tiger
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 on 3/30/19 at 10:40 am to HailHailtoMichigan!
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 on 3/30/19 at 10:40 am to tiggerthetooth
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 on 3/30/19 at 10:41 am to GeorgeTheGreek
quote:No. it doesn’t. It’s an opportunity.
Cost $$$ to do that...
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 on 3/30/19 at 10:41 am to GeorgeTheGreek
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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