It's not just Gen Z...
this post was submitted on 21 Nov 2023
567 points (98.3% liked)
News
23296 readers
3189 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
Yeah, as an elder millennial, I’ve never been able to afford to live alone. This is by no means a new problem, but it’s definitely getting worse.
I worked with a old woman in her 60s with a roommate in 2015. Her salary doesn't provide for her living alone.
For me, my rent doubled. So Im betting she's now with 1-3 more roommates since then.
Just got engaged to my long term partner. We live with 2 other people and, with the way things are going, we will be married and still sharing accommodation because 2 full time jobs aren't enough to cover rent AND food.
My bootstraps can't be pulled any higher. I work 6 days a week and spend my Sunday working on my web design business to try make ends meet. Thank god I'm paying my landlords mortgage. I can't imagine how they're coping at the moment...
Its a clown world.
load more comments
(3 replies)
load more comments
(2 replies)
Millennials: Uhm, we've been living that dream for over twenty years now.
I'm over 40 (one of the ancient Millennials) and literally I have only been able to live alone for exactly four years out of the twenty-three years since I moved out of my parents. I currently live with a partner, because, you guessed it, it's about the only way we can afford things now.
20 years ago, I could rent a 1 bedroom small apartment for under $1k. Now you're lucky to find the same for $2.5k. Pay has not more than doubled. They definitely have it worse than us.
load more comments
(4 replies)
Yeah let's not pretend it isn't so much worse now though.
Yes, but it's worse for everybody. Millennials that have been renting for decades... How the hell are they going to get ahead enough to save up for a down payment!? Meanwhile, housing prices keep rising, outpacing even combined incomes. I realize some people are able to make it work, but I don't think it's the majority...
Oh absolutely, didn't mean for that to be a takeaway. These kids have got it way worse than we do, they were fucked right out of the gate even harder than we did. Just had my Gen X "they forgot about us" moment.
load more comments
(1 replies)
load more comments
(46 replies)
Are we pretending that millennials are affording apartments alone? Cause I know very few doing that. Moving back in with your parents, though, that shit's common.
I was gonna say, most of Gen X has had roommates since we graduated college.
The headlines just keep repeating. Insert newest generation and print
It's getting measurably worse at a fairly predictable clip - boomers had it easy, x/y less so, it's dark for milennials, and impossible for zoomers/alpha.
The guardrails were removed and wheels set in motion by the boomers so they could more effectively ransack the economy - everything since then has been a consolidation of wealth and power at the direct expense of workers.
load more comments
(1 replies)
load more comments
(1 replies)
I'm in the Midwest. Most millennials I know are living on their own or with their partner. However, the younger millennials and gen Z I know? Very few I know aren't living with parents.
load more comments
(3 replies)
Landlords dream of a future where they can charge so much for rent that you need 3 generations of people crammed into a tiny apartment to make payments.
Which would be exactly why the rest of us dream of a future where they don't exist
load more comments
(4 replies)
Just a reminder.
In 1960, minimum wage was $1.00/hour and the average home was $11,000.
So, national minimum wage is $7 something, so homes should be about $77k, right?
Quick history of inflation in America. President Eisenhower started the US/Vietnam War, and JFK kept it going. Ike and Kennedy both wanted to keep it small, but LBJ made a major commitment of troops and air power to deliver a knockout punch. That turned into a quagmire where the US couldn't pull out without looking like losers. President Johnson [LBJ] started printing money to pay for the War, rather than raise taxes. Nixon was elected as a peace candidate. Nixon's Vietnam policy alone is worth several books, but we'll just talk about the US dollar.
Nixon doubled down on Johnson's bombing policy; the US factories were working 24/7 to make more weapons. Great, except the money was all paper. When the Arab Oil boycott hit the price of everything went through the roof. Suddenly stay at home moms were forced to get jobs to keep the family fed. In 1968 'middle class' was one job to support a family, by 1980, two income families were becoming the norm.
Then came Reagan. Big tax cuts for the rich were supposed to make everything golden again. In 1980, $1 million was considered a vast fortune; by 1992 it was what a really rich guy paid for a party.
load more comments
(8 replies)
load more comments
(4 replies)
load more comments
(17 replies)
I'm a disabled millennial. I live in a dangerous old house with 5 roommates and I am still spending over half my money on rent.
load more comments
(16 replies)
the traditional way of life has been snuffed out by the forces of capitalism. there's no point trying to live a normal life anymore, we have to forge a new path
load more comments
(14 replies)
That's the point.
Expect things to continue to get worse as long as most people believe the disparity in wealth should continue to grow.
load more comments
(4 replies)
That's hardly a new situation.
The only people I know that live alone do so in extremely tiny apartments in unpopular areas.
The only real way to buy is as a couple, and has been for decades.
load more comments
(9 replies)
We need a new deal, I mean a new new deal. Because this is getting ridiculous, I'm lying it was ridiculous 20 years ago, now it is just the reason why dystopian fiction is impossible to write, how can you top real life?
What kills me is when you go into the realestate subs and they talk about how they have to constantly increase every year because the cost of everything is going up.
Nah bruh, I've had my house for 4 years and nothing has increased at any noticeable level.
load more comments
(2 replies)
load more comments
(1 replies)
This isn't new. I'm 43 so call me whatever you want, Gen X, Millenial, somewhere in between. I didn't live on my own (meaning without roommates) until about 10 years ago. And even then, I bought a house with my wife. so still kinda roommates.
Completely off topic, but in the article they say some apartment complexes are offering "private liquor lockups." Wtf?
Anecdotal, but when I was looking for my first apartment about ten years ago I toured a building that didn't allow residents to keep alcohol. Unsure if it's even legal (or enforced), but the landlord and property manager were a local pastor and his wife.
load more comments
(7 replies)
I got evicted this year so I feel it
view more: next ›