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Business, Economics, and Taxes: Capitalism. Yay? >=(

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French Rage said:
Except for the indoor plumbing, electricity, refrigeration, heating, cooling, television, internet, etc. yeah, it's like the 1800s.

It's cute when it tries to make an argument.
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You do realize you could save money without all those things, right? Isn’t that the name of the game here?
 
rufus said:
You first.
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Drew in 2024:

6127de4c35f50ec3e023bd7ad9d0c793.jpg
 
It's sort of funny, I was just at a Friendsgiving party a couple weeks ago having a discussion with one of the guests who was Venezuelan and we were comparing cultural expectations. She was talking about how she's been telling her son that he's welcome to keep living at home after he turns 18, but he has to do something - go to college/trade school or get a job. She brought up how in Latin culture a lot of families still have multiple generations living together in the same house or block for the very reasons that have been mentioned in this thread (resource pooling, childcare). It's mainly in North America that we have created this paradigm of completely kicking a kid out of the nest as soon as they can legally work full time or join the military.
 
FadeToBlack&Gold said:
It's sort of funny, I was just at a Friendsgiving party a couple weeks ago having a discussion with one of the guests who was Venezuelan and we were comparing cultural expectations. She was talking about how she's been telling her son that he's welcome to keep living at home after he turns 18, but he has to do something - go to college/trade school or get a job. She brought up how in Latin culture a lot of families still have multiple generations living together in the same house or block for the very reasons that have been mentioned in this thread (resource pooling, childcare). It's mainly in North America that we have created this paradigm of completely kicking a kid out of the nest as soon as they can legally work full time or join the military.
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I tried to get into the military. It really would have been the way to go. Probably would have straightened me out. Maybe it would have fucked me up, I don't know. I failed the physical.
 
Having lived through this, the biggest thing is that a large chunk of the current 45-75 year old population (regardless of political affiliation) has ZERO clue how society has changed since they were in their 20's. They still truly believe that someone can "make it" working a retail or other entry level job. They have no clue that rent will often be around 100% of what that job offers. With me personally, it was mind-blowing to family that I couldn't find an apartment for the longest time while earning around $30-35K/year. I kept getting rejected for "not making enough". None of them had any clue that having a net-income 3-4x rent was the accepted norm (so a net of $57,600 to "afford" a $1200/month 1BR).

Boomers truly don't understand the rules that the game is currently played under.
 
RaceBoarder said:
Having lived through this, the biggest thing is that a large chunk of the current 45-75 year old population (regardless of political affiliation) has ZERO clue how society has changed since they were in their 20's. They still truly believe that someone can "make it" working a retail or other entry level job. They have no clue that rent will often be around 100% of what that job offers. With me personally, it was mind-blowing to family that I couldn't find an apartment for the longest time while earning around $30-35K/year. I kept getting rejected for "not making enough". None of them had any clue that having a net-income 3-4x rent was the accepted norm (so a net of $57,600 to "afford" a $1200/month 1BR).

Boomers truly don't understand the rules that the game is currently played under.
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I'm offended that you lumped age 40s in with boomers, who are all age 58 and up.

But otherwise, yes everything costs more!
 
JF_Gophers said:
I'm offended that you lumped age 40s in with boomers, who are all age 58 and up.

But otherwise, yes everything costs more!
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I've known quite a few people who are Gen-X, but totally believe basically the same stuff as the Boomers. Many of them were the one's booted out when they turned 18-20 in the 90's. Again, they "made it" working an entry-level job, so they don't understand how that position doesn't work in today's world. This is a common position among them.
 
RaceBoarder said:
I've known quite a few people who are Gen-X, but totally believe basically the same stuff as the Boomers. Many of them were the one's booted out when they turned 18-20 in the 90's. Again, they "made it" working an entry-level job, so they don't understand how that position doesn't work in today's world. This is a common position among them.
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This.
 
RaceBoarder said:
Having lived through this, the biggest thing is that a large chunk of the current 45-75 year old population (regardless of political affiliation) has ZERO clue how society has changed since they were in their 20's. They still truly believe that someone can "make it" working a retail or other entry level job. They have no clue that rent will often be around 100% of what that job offers. With me personally, it was mind-blowing to family that I couldn't find an apartment for the longest time while earning around $30-35K/year. I kept getting rejected for "not making enough". None of them had any clue that having a net-income 3-4x rent was the accepted norm (so a net of $57,600 to "afford" a $1200/month 1BR).

Boomers truly don't understand the rules that the game is currently played under.
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60 Minutes did a thing on this maybe a month ago. Can't remember the specific numbers, but there was a lawyer in SF who couldn't get accepted for an apartment.

A freakin' lawyer.
 
rufus said:
60 Minutes did a thing on this maybe a month ago. Can't remember the specific numbers, but there was a lawyer in SF who couldn't get accepted for an apartment.

A freakin' lawyer.
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There are executives who can't afford an apartment in San Francisco who live in their car or rent an RV and camp on the streets around the city. Not hourly employees. Executives who make 6 figures.

My first apartment in Portland, ME was $450/month in 1993. It is currently $1500. The apartment two floors up my sister shared with two roommates was a total of $700/month then. It is over $3000 now. Prices are insane.
 
rufus said:
60 Minutes did a thing on this maybe a month ago. Can't remember the specific numbers, but there was a lawyer in SF who couldn't get accepted for an apartment.

A freakin' lawyer.
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Last time I was in SF we took a bus tour and our guide said 90k qualified for public assistance...
 
When your company books you a work trip and 2 different drivers show up at the house.

eanie meanie minie....
 
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