Gen Z are over having their work ethic questioned: ‘Most boomers don’t know what it’s like to work 40+ hours a week and still not be able to afford a house’
Gen Z are over having their work ethic questioned: ‘Most boomers don’t know what it’s like to work 40+ hours a week and still not be able to afford a house’
One Gen Zer went viral for explaining how much easier life was for boomers.
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I worked 40 hours a week and could not afford a house so I got a second job, worked my ass off for 5 years, all the extra job money, and bought a 3 bedroom with a 2 stall garage on a half acre at an auction for $38k cash. I didn't cry about having to work more, I called it an opportunity to be able to. I put another 30k into the house and used it as a stepping stone to get into a nicer place. Then I went back to one job. I did all this while being a single parent of a teen daughter.
What year did you buy the house for 38k?
At a USDA property auction held by the county annually. Ya'll trolls make me not want to post here either. Its already as bad as reddit and sometimes worse.
And you can’t even answer the question.
Could you be any more disingenuous?
and bought a 3 bedroom with a 2 stall garage on a half acre at an auction for $38k cash.
aha hahahahahhahahahahhahahahahhahahahahahahahahhahahahahahahahha
$38K LMAOOOOOOOO
Yeah try that again but this time for $300k, asshole
Around here you wouldn't even be getting a 3-bed house with 2-bay garage for that price, unless it's a real fixer-upper. Maybe for $500-600k.
Maybe try not being such a whiny bitch and pay attention to what they are trying to tell you.
What are they trying to tell us? That housing used to be more affordable years ago and now everyone looking for one today has missed the boat? Because that is the reality.
Wages have not meaningfully increased for the American middle class, while unchecked inflation and scarcity has caused the cost of housing to skyrocket.
If OP worked two jobs to buy a house in 1980, they'd need to work three jobs in 1990. Or five jobs in 2010. Or nine jobs in 2020. And the market has not gotten any better since then.
The whole scenario you described is the problem. You shouldn't need to do that to yourself. The whole argument is the boomer generation was able to mostly have one parent working, supporting a family of 4, and owning a home COMFORTABLY. That is virtually nonexistent for current generations. Rising housing costs have far exceeded wage growth for decades now.
How's your relationship with your daughter now?
How did she feel about you choosing to work instead of spending that time with her?
Right? I have put my child first in everything I do since the day I was born and I know for a fact that she would be much less happy if we were richer but I was gone all the time.
As it is, she has a dad who stayed at home to raise her for the first two years of her life and a dad who also was able to stay at home and put her through online school because she was severely bullied for being queer and autistic to the point that the whole school was against her- but I have always been available to her and always had her back and I know she appreciates it even as a surly teenager.
And right now, we're living in a crappy and small apartment and she is fine with it because I picked it in a location I knew she would enjoy and she gets to go out and have adventures on her own and will always have a dad she can come back to if there are any problems.
Fuck these "I worked 80 hours a week for my family and that's why they're in a 5-bedroom McMansion today" people. You are working for yourself. Spend less time working and more time with your kids.
Congrats?
The point being if you want something, you work for it, not condemn the economy and give up.
Ah, I see H.G. Wells' The Time Machine was based in fact.
Welcome to the 21st century, traveler!
The issues today don't stem from less work effort, they stem from opportunity lost. You can say you worked hard and that's great but that same amount of work then doesn't equal the same amount of output now for the worker.
Yes, the economy for the majority sucks because of the taxes being so low on the upper percentiles. Generations have voted people in who supported wealth gap growth and didn't support the middle class. Stop blaming it on the youth, the youth werent the ones voting for what they got. Responsibility lies with those who came before them
That's a terrible way to look at the situation, did you ever wonder why it was even necessary in the first place to do that to yourself?
Think about all that time you could have had with your daughter instead.
the real point is to be a good worker and let the billionaires reap the benefits
$38K?? For half an acre, 3 bedrooms and a 2 stall garage?
At an auction. Meaning it was a house that was foreclosed on. Oftentimes, they go for very cheap, sight unseen, and you need cash in hand. Granted the laws for that differ per state.
Oftentimes, they go for very cheap, sight unseen
What could possibly go wrong? That's definitely worth a massive financial risk.
Right, that's the point I was making. I did know a guy that would buy them and flip them. It's a numbers game at that point. Some will be sinkers, but most will make money. If you're buying one to live in, that's a heck of a risk.
Then your point sure as hell wasn't clear because I think many people thought you were saying buying a house isn't a big deal or a risk if you get it at an auction. Hence all the downvotes.
Yeah, apparently not. I thought it was clear that I was pointing out the "at auction" part and its risks.