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follow Patrick 2018 May 29, 5:37pm
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Mark, what you are saying is this. For those Mthat live with their parents with worthless degrees, they don’t own home so they will be forever under the squeeze of rent seekers or live with their parents. For the other half of M that did capture the “once in a life time opportunity”, they have to work their ass off to pay down debt which makes you doubt about the choice you made to take on that debt. Then either way, the M gen is NOT happy and relaxed. So who is happy and relaxed?
I believe everything takes work and sacrifice
MrBark saysI believe everything takes work and sacrificeJust getting in at the right time doesn't require work or sacrifice. It's just luck. What about people coming 3, 5,10yrs behind you?
Good for you, but you can't say people who didn't get in are just lazy. This is not a question of working hard enough. It's an abnormal environment.
They work a part-time job of the past 12 years making smoothies and they're all of a sudden 35 with no romantic prospects, they just play video games or zonk out on TV instead of doing something productive to improve their situation.
Please explain how, in normal cases, a "majority" can be below average.
HeadSet saysPlease explain how, in normal cases, a "majority" can be below average.I think you are thinking 'median' but I wrote 'average'. Yes, a majority can be below average.
Just getting in at the right time doesn't require work or sacrifice. It's just luck.
I didn’t have either option, so I did it the hard way
FUCK! THEM! if they forgot to buy a house in 1974!
APOCALYPSEFUCKisShostikovitch saysFUCK! THEM! if they forgot to buy a house in 1974!The millennials forgot to be born in 1974.
The millennials forgot to be born in 1974.
Too lazy to be born!
Quigley saysI didn’t have either option, so I did it the hard way I'm with you Quigs. Lived as cheaply as possible in rentals while I saved money for my first house, invested, and increased my experience and earnings. No assistance from parents or relatives. I have owned three homes total, and made a nice return on the second in the Seattle area.Over a recent dinner with a group of 30 something grad students, I recounted how I moved cross-country after college with no job, no car, little money, student loan debt, and not knowing anyone in my new home state. Their reaction - "You were lucky, things are so different now that that would be impossible." I kind of think it is more an issue of entitlement, and aversion to risk-taking and charting your own way. But sheeple gonna sheep.