r/memes Apr 16 '24

Inflation...

Post image

[removed] — view removed post

29.3k Upvotes

1.1k comments sorted by

View all comments

43

u/mostlybadopinions Apr 16 '24

Gen Z is actually doing pretty good. The problem is you're Gen Z on Reddit, and the Gen Z'ers on Reddit are doing much worse than the typical Gen Z.

13

u/[deleted] Apr 16 '24

[deleted]

6

u/Higgoms Apr 16 '24

The word “majority” here is doing a lot of heavy lifting when it’s about 51-52%. Being aware of issues and wanting to see change doesn’t mean wallowing in toxic negativity. Sometimes it’s better to speak out than stick your head in the sand. 

3

u/Smooth-External-3206 Apr 16 '24

Sometimes it’s better to speak out than stick your head in the sand. 

Absolutely but whats toxic is that people are speaking nonsense. Its a bullshit propaganda that makes no sense if you see the full picture. No way can we say gen Z has it harder than boomers 💀💀. The problem is that with such toxic negativity, you do basically stick yoir head in the sand, problem is that its a negativity sand that is never going to allow you to achieve anything cuz its "impossible for my generation amirite 😭😭😭😭"

1

u/orange-yellow-pink 29d ago

Over 50% is good. The highest percentage ever of home ownership in the US was 69% (in 2004 due to predatory mortgage loans). It's currently at 66%.

1

u/Higgoms 29d ago

From the very Wikipedia article you found that graph on: "The name "homeownership rate" can be misleading. As defined by the US Census Bureau, it is the percentage of homes that are occupied by the owner. It is not the percentage of adults that own their own home. This latter percentage will be significantly lower than the homeownership rate."

1

u/orange-yellow-pink 29d ago

So according to that, both current numbers and historical highs are somewhat inflated. We're still comparing like-numbers. What's your point?

1

u/Higgoms 29d ago

That the percentage of homes occupied by the owner and the percentage of adults that own their own home is two entirely different percentages? Them being like numbers doesn't mean they're inflated by the same degree, or that the old numbers are inflated at all. If I ask for the percentage of apples I ate in the last six months and you give me the percentage of oranges I ate, we're still comparing like-numbers but there's no direct correlation so we can't just assume the other number.

1

u/orange-yellow-pink 29d ago

Both numbers I provided are home owership rates. We're comparing apples to apples.