Many in GenX does, though.
https://www.redfin.com/news/homeownership-rate-by-generation-2023/
I mean not really that far of from boomers.
My parents holding fast with “well, it’s always been like that” made me realize how big this generational divide is.
There are good boomers who get it, yes. There are also some really dumb ones who have literally no clue what kind of world they helped create. Full stop.
And there are some Nazi gen z. We have to pull together the good ones from every generation and become helpers together. We can’t bitch about the ones that are shit, there are shit people in every generation, so it’s a waste of time and a distraction.
Me and my fiancee both work full time to just barely survive each month with no savings because the CoL is so fucking high it’s unmaintainable. And if you reply with “just move”, first: I’m in the midwest, it’s not AS bad out here, and second: Moving is a privilege, it’s expensive, time consuming, and often times you end up in a worse spot than you were before
Exactly! Same boat, I am too poor to move! Due to missed payments on mortgage, credit cards, and medical bills, our credit score is abysmal. There is no way we can get a new mortgage or pass credit checks for an apartment. On top of that I don’t have the time or money to invest into the house so there are many things that need to be fixed, some of these absolutely need to before selling it so I also can’t just sell either. 3rd, you’re right. Wherever I do end up moving (if somehow we did get approved), it’s probably going to cost more due to higher interest rates, and it will most likely cost more. We are praying to make it a few more years until stupid daycare is done so we can finally make ends meet a little…
I never thought I would be in this bad of a situation in my life, but here I am and I just want to survive each day. Thinking about money every day for years now is tiring and stressful. They have a name for it, its called poverty brain.
Don’t worry. All that work you’re doing will pay off… your landlord’s fifth mortgage.
In my case I’m subleasing so I’m paying off my Landlords’ Landlord’s fifth mortgage
You just need to put in some extra effort or get a side hustle like we did. /S elder millennial.
I can install some pull handles on your bootstraps for a small monthly subscription fee. No, you won’t own them.
I’d love to know your version of “just barely” is you have two adults working full time in a 2 person household.
Maybe your mortgage is far higher then I’m imagining.
I live in an apartment, but it’s overpriced, and it’s just me. This world is designed to be a 2 person household.
So I have to imagine you’re living beyond your means. I’m living beyond my means too, but I also don’t have a decent wage either. So living at all is living beyond my means.
You should add up your whole house income, divide that number by 4, and THAT number should be what your mortgage shouldn’t be higher than.
I suspect your mortgage is probably much higher than that number.
Either that or we have different definitions of “just getting by”.
😆😆😆😆😆😆😆😆
That formula hasn’t been valid for like, 20 years?
Yeah that inital response gave me the impression that they live in a completely different situation than what I, and most of the people I know IRL are experiencing. Typical rent prices out here are 120% the sum of 2 weeks of minimum wage pay, not including utilities
≥ Mortgage You lost me there, renting is much more expensive than paying a mortgage off
My rent is around 1800 euro, if I’d buy this apartment, my mortgage would be around 3000. That’s for more than half a mil. After 30 years I’d have paid off more than a mil.
The company I rent from just got their financing much earlier, and in very big quantities. (Eg it has 100s to 1000s apartments and houses.)
Every year I make more money, every year the place I live is more difficult to buy.
Depends where and how you live. My rent is $800 a month, but some mortgages are thousands of dollars.
Where the fuck do you live with $800 rent? Middle of Montana? Dead center of Death Valley? Gtfo.
800 if split 5 ways probably
Ikr, just saw an ad for a nearby apartment wanting 1,200$ a month for a studio apartment… in Nebraska
Lakewood, a suburb of Cleveland. It’s overpriced as hell.
$800 Rent is cheap in this economy
You pay $500 less than the average American for rent. I think you may be lacking the perspective necessary to engage productively with this topic.
Removed by mod
Moving is a privilege,
Poor people move all the time. It’s a fucking wild take to call moving a privilege. Though I do agree with the last bit about sometimes (or maybe even often) being in a worse position than before
Look at this guy he knows all the poor people.
I read something in The Atlantic about how people used to move about every three years and that sounds insane to me.
And also, the phrase “I just read something thing in The Atlantic” makes me feel even older than my gout and shingles.
You’re going to have to rename yourself to Boomer Humor Doomergod. (Sorry about the gout and shingles.)
As soon as I’m on my Good Screen tm I’ll do it
Edit: Done
I have a feeling the poors don’t move to different cities/states that often.
Hey Gen Z, first time being gaslit by boomers? Heh, yyeeeaaaahhhhhhh…they do that. Now imagine having them as your parent, and you’re 5, and you have to just live with their bullshit.
~Sincerely, Gen X and the older millenials.
“it’ll all make sense when you’re an adult”
well. i’m an adult now. some would even say old or middle aged. it still doesn’t make sense
My parents were Gen X but they faithfully followed the boomer mindset
I’m so glad as I’m close to my 40s I know so many fellow millinials who still thinks utter bullshit.
I know many people in their 50s who are Boomer as fuck.
40s as well for me
The real Boomers were the assholes we met along the way.
Unfortunately, a lot of Gen X went that way.
Nuance is hard. It’s all just binary, isn’t it?
Never said it was?
my parents were silent generation.
I hate this idea that people need to work themselves to death to survive. We have such a surplus of resources today that people should barely have to work. I don’t know what it was that pulled the mask off this farce of a system we have, but it sure as shit isn’t worth it to bust my ass for 45 years so the CEO or FuCKYou Incorporated can get another bigger yacht.
We have tons of excess. The problem is it’s hoarded by a small tyrannical group of psychopaths bent on increasing their wealth at the cost of everyone else.
I personally am capable of working any boomer in their prime into exhausting while I’m still pushing for hours more. The whole “millenials are lazy” is corporate bullshit designed to make parents think their kids are just lazy and not being ripped off by the system they demand exists.
Pull a 16hr shift working network engineering during an outage, then come back to work in 8hrs for another full day on a Monday, then when the boomer stops having their mental break down they can apologize in person to every millennial they talked shit about.
Oh, and because you’re an engineer, NO OVERTIME! YOU SALARY BITCH! THOSE HOURS ARE INCLUDED!
Ok that’s fine I’ll just be leaving that much earlier on friday
Yeah that sounds healthy in the long run
I’ve got three meetings and an unscheduled emergency requiring 90% of the IT staff to sit on a conference call that says you’ll be staying late Friday, too.
Maybe the boomers need to stop working and die, so the better paying jobs and wealth can come to the younger generations.
I think you’re going to get your wish. They’re not paying for all kind of social funding (low income housing for the elderly, for example). Yay?
It’s a shame that my sarcastic comment might have to be taken seriously in 2025, depending on what ORAGNE does.
And yet Gen Z turned out for… Trump? He’ll surely help the economy and enable a new era of magically plentiful high paying, stable jobs.
Less than half of us voted. As a member of Gen Z who DID vote for Khamala its because the only good thing she does is not be Trump.
A good portion of our generations more liberal/left-leaning side just got done having the shit beaten out of them by cops before getting kicked out of school for protesting against the genocide in Gaza.
What makes you think any of these people want to turn around and vote for a law-and-order ex-DA who’s ignoring some of the worst atrocities of our times?
Everyone in this generation who isn’t jaded and disillusioned is a fascist or fascist sympathiser (same difference :p). No one has the energy to care let alone vote.
They probably won’t until establishment democrats keel over, and unfortunately it looks like medical science kept them alive and puttering until it was too late.
Boomers protested Vietnam. Millennials Iraq.
Kids want change. Sometimes that is for a good cause and sometimes it is about draining the swamp and hurting others.
But if you needed to be convinced that it was worth voting against a rapist fascist who hid nothing? You were never an ally.
Its not that they need convincing to vote against it, its that they needed to be convinced their vote would even fucking do anything.
Most of us are convinced that we’re dying in the climate wars before we hit middle age regardless of who we vote for, the rest where the dipshits that went out and voted for Trump.
And a rapist openly running on project 2025 would not be any “fucking” different?
Would it make my life and the lives of millions of other Americans easier by not having a target painted on our backs for probably as long as our country stands? (We’ll probably never see another election again IMO) Yeah sure, that’s why I voted for Khamala.
That being said she wasn’t going to do anything to meaningfully stop the horrors of late stage capitalism. Either way I’m probably going to die by middle age in the climate wars.
Its just now that they’ll happen even sooner, and now I have to worry about being put in a camp because of my prescription to estrogen.
Ones certainly worse, but neither actually seemingly give me the possibility of living a full and happy life. Even if I do make it to old age I’ll be living in a dying world, clinging to whatever habitable sliver of earth I’d have the privilege of finding.
Honestly until we start being friendly and share cookies with the ghouls hiding behind the funds managed by Americas institutional investment firms which collectively own everything, I don’t think we’ll be solving anything.
Its just now that they’ll happen even sooner, and now I have to worry about being put in a camp because of my prescription to estrogen.
And that alone should have been reason enough for anyone who actually gave even the slightest of shits.
Growing up is realizing you aren’t going to win. But you can lessen harm.
Yeah except that for previous generations not “winning” wasn’t an inherent global existential threat.
Its hard to be motivated when you know either way you’re not getting the full life you where promised. Especially when the issue at hand is someone else’s problem. (From the perspective of my cis Gen Z counterparts.)
I’m not saying its the right way to operate, I’m saying its how lots of people do naturally. Its unfortunately human, and its taken advantage of by design.
Its easy to keep people preoccupied when they’re a weeks pay away from starvation.
I think she got so many votes because she wasn’t Trump. And thats it. She was so frustrating as a candidate who was “super Law and Order DA from liberal land, California. She’s the best of both worlds!”
Christ she was so bad at being charismatic. I liked her when she made fun of Trump so hard he refused to ever debate her again. But then she tried to play both sides and toured with Liz Cheney. It’s like, the entire message of her failed campaign will look at all the answers but the right one: she wasn’t an active evil fascist. She just supported fascism her whole life and learned to make concessions to sound more progressive. Gen Z will learn to hate the DNC.
She had a lot of potential as a candidate that the DNC just refused to use.
Most boomers don’t know what it’s like to work 40+ hours a week. Their parents made the system better, and they assume they didn’t fuck it up.
I’d say that they don’t remember. They probably did when they first started out. Their first starting out phase was much shorter though.
I worked 40 hours a week and could not afford a house so I got a second job, worked my ass off for 5 years, all the extra job money, and bought a 3 bedroom with a 2 stall garage on a half acre at an auction for $38k cash. I didn’t cry about having to work more, I called it an opportunity to be able to. I put another 30k into the house and used it as a stepping stone to get into a nicer place. Then I went back to one job. I did all this while being a single parent of a teen daughter.
and bought a 3 bedroom with a 2 stall garage on a half acre at an auction for $38k cash.
aha hahahahahhahahahahhahahahahhahahahahahahahahhahahahahahahahha
$38K LMAOOOOOOOO
Yeah try that again but this time for $300k, asshole
Around here you wouldn’t even be getting a 3-bed house with 2-bay garage for that price, unless it’s a real fixer-upper. Maybe for $500-600k.
The whole scenario you described is the problem. You shouldn’t need to do that to yourself. The whole argument is the boomer generation was able to mostly have one parent working, supporting a family of 4, and owning a home COMFORTABLY. That is virtually nonexistent for current generations. Rising housing costs have far exceeded wage growth for decades now.
Congrats?
The point being if you want something, you work for it, not condemn the economy and give up.
The issues today don’t stem from less work effort, then stem from opportunity lost. You can say you worked hard and that’s great but that same amount of work then doesn’t equal the same amount of output now for the worker.
Yes, the economy for the majority sucks because of the taxes being so low on the upper percentiles. Generations have voted people in who supported wealth gap growth and didn’t support the middle class. Stop blaming it on the youth, the youth werent the ones voting for what they got. Responsibility lies with those who came before them
Think about all that time you could have had with your daughter instead.
That’s a terrible way to look at the situation, did you ever wonder why it was even necessary in the first place to do that to yourself?
the real point is to be a good worker and let the billionaires reap the benefits
How’s your relationship with your daughter now?
How did she feel about you choosing to work instead of spending that time with her?
$38K?? For half an acre, 3 bedrooms and a 2 stall garage?
At an auction. Meaning it was a house that was foreclosed on. Oftentimes, they go for very cheap, sight unseen, and you need cash in hand. Granted the laws for that differ per state.
