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» Millenials Are A Trillion Dollars In Debt And Most Don't Even Own A Home
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post 1575718761 03-13-2019, 10:59 AM
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#91
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Originally Posted By Caeculus
that feel when unable to afford a home because of inflated market caused by boomer retard speculators just buying up sheit and letting it sit empty and millions of third worlders dilluting labor market supply suppressing your wages, no sense of community, constantly surrounded by foreigners and strangers, realizing that having a traditional happy family with a wife and kids that love you is an adolescent fantasy that no longer exists since women have been lead to believe that their 20s should be better spent "working" making pointless power points or doing some useless sheit for $15/hr rather than having a family, and taking hormone birth control pills destroying their reproductive system and comitting fornication with a large crowd of 50+ men, being told sex not the sacred act of creating a new life but it is instead just something for fun like a "sport" or "experience" and fornication "empowering" when it really just destroys their ability to love or trust or bond with any future husband. When you realize your life is meaningless and when you die nobody will even notice you're gone. Surrounded by ugly brutal concrete structures and asphalt everywhere you look. Suffocating from the pressure around you you can't do anything without permission from big daddy government. All the "food" sold at the stores is filled with soy and unnatural amounts of sugar and chemicals and hormones and herbicides and pesticiedes and wrapped in testosterone destroying plastics and everything you touch is made of xenoestrogen chemicals intended to destroy you. View any media and get constantly bombarded with anti you propaganda promoting the most vile perverted degenerate filth beyond anything you could even imagine in your worst nightmare then you're being called a bigot "ist" or "phobe" for not thinking it is normal or good for a healthy society. Sedated by pornography readily given for free to distract you from your pain and loneliness . Tell a doctor you don't feel well and just get dosed with anti depression drugs to better deal with the sick society you're thrust into and turning you into a soulless meat puppet zombie living your days in a disassociated state until you just end it yourself or overdose on narcotics or alcohol. But we live in America the greatest country to ever exist gotta love it right ?
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post 1575719091 03-13-2019, 11:04 AM
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#92
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Tuition rates have increased 300-400% because college is a scam... these ****ers learned that every job requires a college degree these days and the people are guaranteed to get financing so why charge normal prices when they can charge astronomical prices knowing people are almost forced to get it and the government will 100% give them loans to pay for it.

Its funny everyone was so mad at Martin Shkreli ( Pharma Bro ) raised the drug price by crazy amount but colleges across the country did the same thing and nobody gives a ****.....why because unlimited loans that have no requirements to obtain.
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post 1575719161 03-13-2019, 11:05 AM
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#93
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Originally Posted By doughnutking
The millenial cucks will inherit their parents house, and they know this. Hence why most of them do fuc all in the meantime.
I think it's a bit of a stretch to say most of them.
Originally Posted By HMFIC_BROWSIN
A 2019 retail store assistant manager easily takes down $40-$50k per year. Probably the worst job on earth, but easily enough to support a family.
It's enough to support yourself, probably not enough to support a family assuming you have a kid and whether or not the wifey is working during that period. But I guess the breadwinner taking on 2 jobs to make it work isn't out of the question either. Probably not enough to pay for a house unless you live in buttfuk povertyville where houses are like 200K. But again if that's what needs to be done that's what needs to be done.
Originally Posted By soaponarope1
Victim detected.

The median wage and median home price in 1975 were nearly identical to today's, in today's money.

If you don't like home prices in your town, move. The reason this hypothetical house would go from 150k-->610k is location and population density.

How do you think people who bough houses in Detroit in 1996 feel?
And where in my post did I complain about any of the stuff I mentioned? Strong comprehension. I'm just stating what I've observed and seen. I'm not talking about 40 years ago. I have no idea where you got your numbers from but you are location: Florida and I am toronto or at least in the suburbs. And no it wasn't just due to location and population density. It's an old location which has had little development. Population has increased slightly but not enough for it to be responsible for most of that. It was increasing 10% a year for several years and one year over 20% until interest rates were raised. It's not as feasible to raise a family on a single income, plain and simple.


I'm fine where I am and I can afford it and basically debt free and now saving up for a house thank you very much though, I'm far from trying to label myself as a victim as you have kindly labelled me.
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post 1575719461 03-13-2019, 11:09 AM
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#94
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Originally Posted By bartosh
brb 1950s
brb single income, no education, no skill, random job
brb get job that pays for house on a 10 yr mortgage, support a family of 5, 2 new Mercedes cash, all the newest gadgets, etc etc


brb 2010s
brb get masters in CS, pay off debt within 6 months of graduating
brb make comparatively less than that no education/"hard" skill person in the 1950s.

fun stuff

Sure I'll be more than fine in life but to say that "just be more responsible" is the solution when the environment is drastically different than back then isdisingenuous.
You can put all that info out there and it still does not matter in the slight bit. Being responsible means that you live within your means. That happens regardless of your buying power. You can say that perhaps our dollar goes less than it used to, but that still doesn't absolve you from spending more than you make...
post 1575719481 03-13-2019, 11:09 AM
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#95
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Yeah...

Let's go and get a degree in a subject that's borderline useless and increase our student debt
Let's go buy the latest iphone whenever it's out and never budget
Let's put everything on credit card because hey, free money?
Let's complain about working 40-50 hours week and blame past generations for the current job market
Let's just spend all our time on the internet and complain
Let's think because of social media that we all deserve a glamorous, easy life with effortless passive income
Let's start a family and get married at a young age when we can barely maintain a decent lifestyle as it is already
Let's be so arrogant and ignorant in thinking a degree is compulsory and that certificates and trades are beneath us
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post 1575719501 03-13-2019, 11:10 AM
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Millienials. Walking around like they rent the place
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post 1575721281 03-13-2019, 11:35 AM
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#97
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Originally Posted By JoshSP1985
$10 starbucks mochafukachino twice a day
Eat out for every meal
Just about all of the young people in my department buy coffee and lunch every day. The soda and snack machine are used frequently. There are 2 full sized fridge and freezers in our office alone. They could buy cases of soda and snacks and not spend triple + on a vending machine. I can’t imagine spending that much money on food when I can bring my own. BRB healthier and far cheaper.

I’m not going to let my son be stupid about money. He can live at home and go to CC or state college. I def don’t want him starting his adult life drowning in debt.
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post 1575721901 03-13-2019, 11:42 AM
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#98
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Thanks Obama
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post 1575722411 03-13-2019, 11:49 AM
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Originally Posted By HMFIC_BROWSIN
Many of those Indians have immigrated to the USA, barely speak English, and earn 3x the average household income of american-born citizens.... This is what smart people do and don't play victim.
Ain't no victim here broski. A lot of those Indians also got those jobs due to nepotism in the H1B program. Also the reason they make 3x times the income is that they live in places like the bay area where 3x the household income is still poverty wages. Lets just be real here if Americans would do those jobs for those wages we wouldn't need to import anyone. Its not like nobody in America has the skills its that the salary isn't worth the work required
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post 1575722801 03-13-2019, 11:54 AM
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but i need my avocado toast y0, multiple sneakers, new car, new phone, new clothes, eating out, bar tabs, etc
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post 1575722921 03-13-2019, 11:56 AM
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#101
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They need to cutback on their Starcucks at Cuckmic book movie tickets
post 1575723721 03-13-2019, 12:05 PM
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#102
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Originally Posted By backinthegymbro
The price of houses raised a lot more than the minimum wage job salaries.
So even people who don't have an education are now unable to buy a house, where as 80 years ago people could buy a house and pay for it within a few years.
Originally Posted By redliner9
House prices are kind of a joke in some areas.

Like a 150K house suddenly is worth 210K a year later with no improvements what so ever.

Get real with this bs, pretty sure it all has to do with getting more taxes from home owners
Median individual income is about $30K.
Here's another number that may surprise you – to be in the top half (50%) of all earners you need to earn more than $29,999.99 a year. The number of people earning less than $30,000 accounts for 49.33% of the population.

The 2018 Poverty Guidelines for a family of four is $25,100 ($31,380 in Alaska and $28,870 in Hawaii).
Affordable housing was long defined as 2.1 times annual salary which would give you an affordable median home price of $63,000. Double that for a two income family, or you can use the household median ($61,372) and that would give you an affordable median of about $129K.

Actual median home price is more like $200K.
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post 1575724741 03-13-2019, 12:16 PM
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#103
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...I can pick out the people in this thread that will be successful and those that will still be blaming others for their failures when they are 70...


Looking back on life it was so easy to separate the Mexicans from the Mexi-cants. I can spend no more than five minutes in an interview and tell if a candidate is a waste of my time or if they will provide value....and thats what life is, its a trade/negotiation.
post 1575725061 03-13-2019, 12:19 PM
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#104
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Originally Posted By eor
yeah...

Let's go and get a degree in a subject that's borderline useless and increase our student debt
let's go buy the latest iphone whenever it's out and never budget
let's put everything on credit card because hey, free money?
Let's complain about working 40-50 hours week and blame past generations for the current job market
let's just spend all our time on the internet and complain
let's think because of social media that we all deserve a glamorous, easy life with effortless passive income
let's start a family and get married at a young age when we can barely maintain a decent lifestyle as it is already
let's be so arrogant and ignorant in thinking a degree is compulsory and that certificates and trades are beneath us
true!
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post 1575725121 03-13-2019, 12:19 PM
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#105
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Originally Posted By hughgainz
You can put all that info out there and it still does not matter in the slight bit. Being responsible means that you live within your means. That happens regardless of your buying power. You can say that perhaps our dollar goes less than it used to, but that still doesn't absolve you from spending more than you make...
Sure i guess. Doesn't change that it takes incredible effort to get what boomers had with no effort


Standard of living has gone up but quality of living has gone down
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post 1575725511 03-13-2019, 12:23 PM
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#106
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People complain that the Boomers wrecked everything but its still 100% possible to live "opulently" just like the boomers did today.....

Brb get a small 100k house in the country
Brb have a wife and two kids
Brb work in a factory
Brb have a SINGLE black and white TV
Brb eat at home 100% of the time
Brb drive a two door truck with ZERO options
Brb buy your clothes from JC Penny/ Sears
Brb work a second job mowing lawns or putting up retaining walls
Brb no cell phone
Brb no internet
Brb no netflix
Brb no Starbucks
Brb no city living
Brb no..
Brb no...


See you too can live the good life just like the boomers...but its the boomers fault you dont live like this? This generation wants everything their parents had the first day they step out of college not realizing it took the boomers thirty years of working absolute crap jobs to get what they have today.

..but this generation is entitled to it day one so they rack up HUGE debt. Way to go morans....
post 1575725671 03-13-2019, 12:24 PM
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#107
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Originally Posted By Legz422
Just about all of the young people in my department buy coffee and lunch every day. The soda and snack machine are used frequently. There are 2 full sized fridge and freezers in our office alone. They could buy cases of soda and snacks and not spend triple + on a vending machine. I can’t imagine spending that much money on food when I can bring my own. BRB healthier and far cheaper.

I’m not going to let my son be stupid about money. He can live at home and go to CC or state college. I def don’t want him starting his adult life drowning in debt.
A woman in a nearby office today, who is 26 and still lives at home with her parents, told me:

"I don't have time to go to the gym, and I don't know where you find the time to meal prep and go to the gym."

Rather than 'confront' her, as I normally do people who...bray excuses about their life, I simply said 'uh huh.' There is no point in speaking with people like this because if I were to tell her "On a given Saturday you say you play games with your younger brother, and while that's cool, you could find time to meal prep." She just won't get it, and it's a good thing that you're setting a far better example for your son (imo).
post 1575726271 03-13-2019, 12:31 PM
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#108
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Originally Posted By suave2000
Capitalism is a joke and is the real culprit here.

LOL @ getting in debt for an education, knowledge should be free
LOL @ getting in debt for an artificially inflated crap property to give profits to nasty bankers and real estate agents

If you can't design and build your own house then you can't call yourself a man, the difference between actual construction costs and sales prices is abysmal. Same with food if you can't grow your own food then you will always be a slave
education is free, get a library card. No one is stopping you from educating yourself. When you require a teacher or any service from others then you need to pay them what they deserve. Commie moron
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post 1575727231 03-13-2019, 12:43 PM
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#109
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Originally Posted By Scarrdbutsmartr
People complain that the Boomers wrecked everything but its still 100% possible to live "opulently" just like the boomers did today.....

Brb get a small 100k house in the country
Brb have a wife and two kids
Brb work in a factory
Brb have a SINGLE black and white TV
Brb eat at home 100% of the time
Brb drive a two door truck with ZERO options
Brb buy your clothes from JC Penny/ Sears
Brb work a second job mowing lawns or putting up retaining walls
Brb no cell phone
Brb no internet
Brb no netflix
Brb no Starbucks
Brb no city living
Brb no..
Brb no...


See you too can live the good life just like the boomers...but its the boomers fault you dont live like this? This generation wants everything their parents had the first day they step out of college not realizing it took the boomers thirty years of working absolute crap jobs to get what they have today.

..but this generation is entitled to it day one so they rack up HUGE debt. Way to go morans....
Live like they did? You do realize that times change... Why didn't boomers then live like the generation before them? By your logic, they shouldn't have used electricity, rode horses instead of drove cars, not have a tv, etc etc. They weren't forced to buy a small house in the country. They bought some large house in a popular area, easily. They had the latest and greatest at their current time. And easily. The fact that you can't see that and call people "morans" is just sad.


I bet you're the same kind of person that says "why can't you find a job? just go to the place in a suit and hand a paper resume" while being ignorant about the fact that that's not realistic for any non-tradie job.
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post 1575727811 03-13-2019, 12:50 PM
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#110
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Originally Posted By Aristotelian
A woman in a nearby office today, who is 26 and still lives at home with her parents, told me:

"I don't have time to go to the gym, and I don't know where you find the time to meal prep and go to the gym."

Rather than 'confront' her, as I normally do people who...bray excuses about their life, I simply said 'uh huh.' There is no point in speaking with people like this because if I were to tell her "On a given Saturday you say you play games with your younger brother, and while that's cool, you could find time to meal prep." She just won't get it, and it's a good thing that you're setting a far better example for your son (imo).
Lmao at someone who lives with mommy and daddy saying they don’t have time. I’ve got 2 of the young girls bringing lunch a couple days a week now. They’re working on trying to do 4 days if not all 5. I tell them to put the money they would have spent in a jar and then they’ll see clearly how much they’re wasting.
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post 1575728221 03-13-2019, 12:56 PM
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#111
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i bought a house because it was cheaper then renting. However im mirin the prices my parents paid for their house in the 90s. $250K for a 2 story 3 bedroom house.
post 1575728251 03-13-2019, 12:56 PM
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#112
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Originally Posted By dannyg1217
education is free, get a library card. No one is stopping you from educating yourself. When you require a teacher or any service from others then you need to pay them what they deserve. Commie moron
post 1575729021 03-13-2019, 01:08 PM
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Originally Posted By ko300zx
lol, also see nicolai(?) Tesla
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post 1575729161 03-13-2019, 01:10 PM
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#114
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Originally Posted By Aesthetical
Wife and I are closing on a home in May.

Wonder how our timing will end up.

3.875% Interest Rate locked in
if theres a crash just hold onto it until the market recovers, the same happened to me in the mid 2000s crash, I held on and made 80k profit off of a 160k initial price house
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post 1575730051 03-13-2019, 01:23 PM
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#115
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Originally Posted By ko300zx
the value of a degree is in the initial screening process. the quality of instruction is essentially the same, especially in stem. at the best universities the instruction might even be worse bc professors are there to do research not teach.
post 1575730221 03-13-2019, 01:25 PM
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#116
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The best part about all of this is that the number of homes that are not affordable now is astounding. Give it 20-30 years and there will be an insane number of homes just sitting around with no one in them. It'll work itself out or you can just go occupy a home that no one is using
post 1575730651 03-13-2019, 01:30 PM
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#117
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Tertiary education should be harder to get into. It should also contain only relevant papers or a competitive amount of places in papers. Too many average people are accumulating debt and failing degrees. It’s not hard to sack up and do the course work.

Watch as other industries now have an injection of labour.

The study seems flawed though. Who was inflation and who was higher population level? Is there a per capita figure?
post 1575731241 03-13-2019, 01:37 PM
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#118
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Feels good to be a Millennial who isn't in debt
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post 1575732261 03-13-2019, 01:48 PM
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#119
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Originally Posted By LeoThedude
Once the baby boomers die off it's going to be the last nail in the coffin for this countries economy... At this point it'd take another World War to fix it.
Last thing the world needs is another war. Please consider dropping this old and outdated mentality. People with this mentality hold the rest of humanity back from evolving and moving forward. We should be beyond the need for violence and fighting one another at this point in history. Millennia of warfare from our ancestors and past should have taught us something by now. Come on brah, you're better than this.
post 1575734521 03-13-2019, 02:16 PM
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  1. Scarrdbutsmartr
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  1. Scarrdbutsmartr
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Originally Posted By Rajc
Timothy 4:12:

Let no man despise thy youth; but be thou an example of the believers, in word, in conversation, in charity, in spirit, in faith, in purity.

but what do we get from these boomers? only hate hate and more hate, i never ever ever ever ever looked down on a younger person and i always give them more leeway to do mistakes because i know (and i'm only 22) that they areour collectivefuture so the best we (including me) can do is teach them the best

meanwhile boomers aren't done talking crap about us after destroying the whole economy to only benefit themselves, they are so stuck up with themselves that they even let their culture and civilization die.. look around everywhere in the western world there is degeneracy publicly walking and acting around.. who thought these men and women to think it is okay to behave in such a way and how come it is at a peak right now? it is because they despise our youth plain and simple
LOL - You quote scripture and then lay into your elders? Maybe think about this one:


1 Peter 5:5

Likewise, you who are younger, be subject to the elders. Clothe yourselves, all of you, with humility toward one another, for God opposes the proud but gives grace to the humble.
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