It’s cool, you’re in the club.
Source? Also, inflations a bitch.
You need a source for that? Your second sentence says it all.
Time to play "Boomers say the stupidest ****" bingo, "what millenials need to do" edition
A long winded way to say Generational Wealth decline, but I get it. ❤
You are on the bubble, but I always thought it was supposed to be people who reached adulthood in the 21st century. So, you’d be at the tail of GenX. Anyhow, it’s a rather arbitrary distinction.
Don't forget that consumer prices (which doubled or tripled since the tariff war etc. provided excuses) are not tracked directly by inflation. That and 1.8% raises for the last 10 years when inflation was 2.2% starts to really hurt. So yeah even though inflation still somehow doesn't look too bad we are all getting destroyed at the register and on the paycheck. Here is a source, they are talking about wage gap, women got a raise and men took a cut since 1980 (a high point for inflation so this is best case scenario). I bet if they calculated it starting from 2000 or so it would look much worse.
It wasn’t that long lol.
The thing about small numbers is that when you compare them the differences are still small numbers.
Its multi factorial. I havent seen a single source capturing it all. But you think about it from the POV of someone's bills, a lot of important and high $$$ **** has blown way past inflation.
It's not just houses, but your generation and the next shun anything having to do with physical labor. Be it someone that cuts hair, fixes your car, builds your house, driver for a car service, etc. Labor jobs are plentiful, but candidates for them seem to get fewer each year. There's simply a shortage of younger people who want to do stuff. It seems like automation, in situations where it can be used, may no longer be such a dirty word. But it also seems like the term "trade" or "trade school" is a dirty word.I agree with all of this, but I'll note there's a component of sad irony to it as well. For example, our generation struggles to afford houses, but also spurns the abundantly available and decent paying construction jobs that increase the supply of houses.
