A Boring Dystopia

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Finance guru Dave Ramsey slams 'awful' Gen Zers and millennials who live with their parents: 'They suck. They can't buy a house because they don't work' (fortune.com)

submitted 7 months ago by [email protected] to c/[email protected]

34 comments fedilink hide all child comments

Dang it, why are they not working more jobs?!

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[–] [email protected] 24 points 7 months ago* (last edited 7 months ago) (1 children)

Why does the article mention his stupid opinion and then refute it with statistics?

At the turn of the millennium, the median house sold in the U.S. went for $165,300, per the St Louis Fed.

By the end of 2023 that median had increased more than 150% to over $417,000—excluding a peak at the end of 2022 when it sat at near $480,000.

The National Association of Realtors has highlighted income hasn't kept pace—for more than half of 2023, the median family income didn't meet the qualifying income to be able to purchase an existing home with a 20% deposit.

For those who may want to move out of their mother's basement, rent has also more than doubled in the past 20 years while the median household income has increased just 10%, per the St Louis Fed.

Just leave that ghoul in the dustbin and quit feeding him.

Edit: next do FBI agents:

https://www.wbur.org/npr/1243982287/fbi-agents-housing-costs

[–] [email protected] 7 points 7 months ago (1 children)

Although it does feel like rage bait and they're making money off the clicks/engagement...

If it's true that they are

reporting something that he said
didn't take him out of context
adding additional context
didn't explicitly tell the reader one opinion or another

that would be good journalism right?

[–] [email protected] 1 points 7 months ago* (last edited 7 months ago)

Yes, that's true. At the same time though, the above points can be made about articles reporting some outrageous or stupid thing Trump said, but is it really necessary to publish such a piece or would resources be better spent elsewhere? I guess it depends on the goal of the outlet- progress, propaganda, or profit.