I honestly think free childcare would solve a lot of problems as well
this post was submitted on 04 Feb 2024
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A Boring Dystopia
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Agree. I am that 30 y o still living at home. Work full time, 2 jobs and STILL cannot afford a rent without it decimating me to the ground. Its nothing to do with my budget: i get close to 3k/mo yet if i try to rent some place, i will pretty much have only about 400/500 left a month…. In a european capital. What is the point of renting in these conditions? And yes i know rationally its possible with my salary but i choose its more fruitful to help parent and be able to save rather than live ln the verge every month without being able to do much.
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jokes on the rich who need both the working class to keep working for them and the middle upper class to buy their shit. One of them collapses, so does their empire.
They banned abortion rights, in part, to replenish the population. Jokes on said working and middle class.
Is anyone on Lemmy doing okay? I always come to the comments of these posts and see the doom and gloom. I’m a millenniaI. I paid off my student loans. I own a home I can afford. I’m debt free besides my mortgage. I have an emergency fund. I have a 401k that’s on track. I worked hard and made sacrifices to get where I am. I can only assume there are others out there who have done the same.
There are plenty of people in your situation (I'm also one of them), but the fact is that (unless you're at the very top of the pyramid) nearly everyone (including people like us) is a bit worse off than they would have been at a comparable stage in life 30 - 60 years ago.
I had to work hard and make sacrifices to make it, however with my qualifications my parents (and even moreso my grandparents) generation would have just walked into secure, high-paying jobs with real prospects of advancement. Instead I've got to constantly be switching jobs and looking out for myself in order to not fall behind. I know the rules of the game, so I do what I have to do.
Now just imagine people who 50 years ago would have been 'making it with sacrifices and hard work', since (virtually) everyone is now a bit worse off, their situation has shifted to 'underwater despite sacrifices and hard work'.
TLDR: The average millennial is poorer than past generations and it's harder to make it than before. This doesn't mean that there aren't large amount of individual millennials (like us) who DO make it, although even for this group (unless they are at the top of the pyramid) it's harder than before.
Well, that's great. It's very easy to make this about you and fail to see what many others face. I hope you never have to face the brutal hardships caused by not being in the right place with the right connections and the other life circumstances that can lock people into a life of deeper or generational poverty. But it could be the tide just hasn't risen to a level with your head barely above the turbulence stuck treading water with no way out. In an instant, everything could get turned upside down and through no fault of your own, now the world is a different place all of a sudden. But it's not any different, you've just joined the millions of others who got the rug pulled from beneath them earlier than you.
I too have been quite successful in life through hard work, discipline and the right life situations that gave me the opportunities to carve my own path in life doing what I love. I can still see how things have collapsed and I would never question the validity of the millions of others simply because my life experience has been different. This alone makes you venerable to being pushed to the front of the line next.
You're literally in such a small minority in the US it's not even funny.
Congrats, you're above the curve. For now.
How do you think you will do with a decade of 30% inflation?
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At this point gen a or g or whatever is going to live in the popular democratic republic of north America
forced to live at home into their 30s. Is Gen A
Rent. Gen A will rent at home. That's how the parents will finally clear the home; through rent.
Their millennial parents will also be renting. How will they afford a retirement home or nursing home? How did we get here?
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