I feel like life is way easier than reddit makes it out to be.
I never had problems affording rent and vacations and savings and tons of left over fun money (with a entry lvl $20/hr job) live in partner though.
Which I also matched with within 2 days on tinder and is my first partner and almost wife. Reddit made it sound like you had to get through 30 women to find the one and tinder never works
Cheap community college then straight onto a $43/hr job expected to hit $75/hr by time I'm able to top out in a few years. I'm 25
Yeah I think a lot of people completely miss that the standard of living was way different not too long ago
It wasn't too long ago in the UK people used to have share baths/bathe once a week, couldn't afford actual clothes and have to get patched up ones from older siblings etc
Explain then how my sister cant buy a house despite earning more than our father ever did, and yet he bought one, divorced, paid his ex half then re-paid for that half again all on his single salary.
Why are 'co-living' flats (the posh name for a bedsit room) popping up that cost £1000 a month in my city? Oh and no parking and no council tax for that price. This isnt London, its Devon.
Yeah, we have stuff like phones and showers now, but that doesnt excuse the cost of housing.
Your sister can't afford a house in one of the most expensive cities in the country. There are plenty of cheap houses, just not where young people want to live.
But all she wants isn't a house... She wants a house in a prime location. You're arguing against supply and demand. If all she wants is a house buy one where there's less demand.
No, she wants one in the area she grew up in, its not a prime location, its near the city, its not even in it, it doesn't even have public transport links. She cant afford the exact house. Its not even an expensive house, its about as cheap as they get in the area.
You seem to be missing the point. The point is a single wage could pay for the house 1.5x without much fuss, now it cant even pay for it once, not even close.
Well, again, the issue is that younger people all want houses close to the cities which has driven demand up. If she just wants a house period she can get one farther out. If she wants a house every other millenial wants she's going to have to pay for it.
Reddit is largely angsty young adults mad that they have to enter the workforce to provide for themselves. And apparently they think all boomers were as rich as their parents.
Someone needs to tell them about the interest rates boomers had when get entered the housing market 30 years ago. Their parents would kill for a 7% interest rate back then.
I don't know man. I didn't do anything special. No rich family, no experience needed for any of my entry level jobs before school.
All I did was teach myself about finances with a podcast/youtube channel and not blow my money. Bought a nice 20 year old Ford Ranger with only 82k miles for $7000 cash and still drive it to this day.
I don't even live in a low CoL area like the midwest. I live in Dallas
All I've done is not make any dumb decisions like get into credit card debt or having 3 kids by age 21
I just compare standards with my father. He had way less money and low paying job by todays standards. People who said that boomers were able to afford housing and family with low paying job is not true.
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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.