Illegals get treated better than veterans. Criminals get bailed out more than working class citizens. Corporations are prioritized over people. Its a sad doom cycle we are in. At least people are starting to see the trap that is set.
*I want to thank my fellow Gen Z's for doing their part to save America by electing Trump, and voting Dems out. Gen Z is awesome, growing up in the Obama era taught us a lot, about bad governance.*
@@federalistpapers4523 bruv the last 4 years should show you that nobody is on OUR side it doesn't matter who is in power they DONT CARE ABOUT US AT HOME, Democrats are more interested in dunking on the right than actually doing anything to help us. at least someone tells people that their struggles are real and valid and even if he wont fully solve it at least he didn't deny our complaints and tell us ¨the economy HaS NeVeR bEeN bEtTeR" and that we are the reason for our own financially difficulty. He's a POS as a person but at least he seems like a real person and not a figurehead for the political class that hasn't done anything for working people in a long time
These kids are absolutely correct. 30 years ago I bought my first home. A 4 bedroom, 2 full bath, finished basement and a one car garage for 155k. My taxes were 3k a year. Had a wife and 2 kids with my wife at home and comfortably provided for all of them making 85k a year. I recently sold the home for 490k and the taxes were 11k at the time of sale. What would a young couple now have to earn to do the same I did easily 30 years ago. Oh yeah, all I had was a high school education as well.
My 27 year old son has a very good professional job but has been forced into having to move back home with us with his wife and daughter due to the exorbitant costs of housing, insurance , utilities and food, etc. I love having them here but it is very unfair for him and his family that they’ve been priced out of being independent.
I know a couple with a good number of kids (in their 20s) living at home and working. The plan is to leave when they have the bucks for a house and about to get married. In the meantime they aren’t paying rent, handling their personal bills and the parents have extra adults to help run errands and rake leaves etc. Imagine what their household income number is.😂
They live at home because they can't afford a place to live by themselves. This is crazy how the answer is right in front of us and like we're looking through it
I'm 61 and a lot of people my age need to recognize that financial situations are different now. A lot of twenty-somethings are saddled with student loan debt that did not result in a job capable of paying it off. And keep in mind, these loans are basically given out like candy by the federal gov't to teenagers who are most likely not understanding the long-term negative implications of that loan. In addition, rent and housing prices are astronomical. It's not inflation... there is active collusion among rent providers to raise rates in an anti-competitive fashion that is currently being investigated. And finally, marriage and dual incomes were often a prerequisite for buying a home and marriage is a rapidly vanishing phenomenon. Add all of these together and a lot of twenty-somethings are financially trapped into living with their parents.
What do you mean by "active collusion among rent providers"? Are you suggesting that the government or entity should dictate to homeowners what rates they can lease their homes at?
@@NONE2NONE no. what I mean is that apartment complexes that should be competing are actually violating anti-trust laws by sharing their pricing information through a software product called RealPage. I am not being hyperbolic. The Justice Dept and many states are currently suing them for price-fixing. It's the chief reason why rents are so outrageously high in this country.
I live with my dad not just because of how expensive everything is now but I genuinely fear what will happen if I leave. Case in point, just the other day he had a cold and handed me some meds he "saved for a rainy day" and asked to see if they were good for a cold. They expired in 2018, it's currently 2024. 😑
One of my best friends has been renting for the last 3 years. His rent has gone up to 2200$, and yet he’s never missed a payment. Can’t get a loan for a house because he apparently wouldn’t be able to pay a 1250$ mortgage.
People keep saying that gas and food is the cause of high inflation. NOPE. IT'S HOUSING. Get the housing cost down and you can afford to save and buy a home.
The student debt crisis is really about people getting degrees in fields where demand is low, or maybe even non-existent. Getting a college degree has become more of an expensive hobby/passion than a true path towards a career for way too many people.
how we've been teaching economic literacy since industrialized institutional schooling took over in the early 1900's is as bad as the food pyramid the GenX and Millennials grew up thinking was healthy. We are being taught to be unhealthy in body and effort. Then disconnect us socially and we have a society in permanent need and want to farm .... then we have the 'affordable care act' which is the basis by which the insurance companies fleece us. We asked for health CARE, not FORCED insurance... learn from people that know, don't listen to the institutions, they aren't here to help.
I understand everyone's comments. HOWEVER, when I was growing up expectations were different. Houses were smaller, no cell phones, no computers. Single people always had roommates to share expenses. Instead of going out to a restaurant, my parents took us to the park for a picnic. Entertainment was riding bikes, throwing frisbees and everyone was skinny back then.
Truth. But roommates weren't a lifestyle. It was realized at some point you'd earn enough to live on your own. Now, living on your own is impossible. And don't even think about a traditional family. Both parents "must" work
Saving up that 20% down payment to avoid PMI on our own place was brutal, however my wife and I moved in with family for a few years. We had a decent chunk before we moved in but living with my dad really helped get us over the threshold and into home ownership. That was 2019 and we had to save about 70k. It was tough then. I can only imagine how much harder that must be now. Everything is close to double with double the interest rates thanks to terrible covidomics. You need a 150k salary to afford a starter home and even then you'll be house poor. Young people got a raw deal.
More Americans than ever are single/divorced/widowed & the median priced house (or decent rental apartment for that matter) in the USA today is DOUBLE+ what the median income working American can afford. Recipe for disaster.
I made 92k this year, I went to trade school, i paid 2k out of pocket and got the rest on scholarship in total my entire trade school cost about 6k. My step brother went to UT, he's making around 54k a year and is in debt like 80k from school
I found myself stuck in a rut back in 2000. Married, 2 kids and I was going from job to job with no real clear picture of a future for my new family. I did what any red blooded, patriotic American would do… … I joined the Army. I acquired some life skills and discipline I was lacking. I was able to provide for my wife and sons for the next 13 1/2 years without any question. My sons are currently serving our beloved country. Young Americans are lost because they refuse to go towards the light. They refuse to conform to rules and regulations.
I spent a year at college and was totally unready for it. Just partied. Got terrible grades. Realized I needed to grow up and joined the army. Best decision I ever made - I served my nation while also being forged as an actual man AND got the $$$ for college. When I went back to college 6 years later I never earned less than an A on any assignment. Not bragging - just stating fact that my service gave me a self-discipline and work ethic that most young people simply lack. Now my son has just been commissioned as an officer. Couldn't be more proud of him. This is available to nearly any young person, yet the % of people who have served is at an all-time low. Says a lot about our culture. Personally, I think government-backed loans should only be available to those who served; Id even strongly support mandatory service of some type for young people from 18-21. Perhaps even make voting by those under 21 dependent on service. And young women should have to serve too. I can think of nothing that would be better for them.
The military is a great way for a young person to get started and gain independence in their early life. My daughter is enlisting in the navy Jan 7th. If she wants to do college also. She won't have student debt because the military will pay for it.
In the past, most people had roommates to afford rent. For some reason society has forgotten this. I think social media has warped people perception on how life really is for 90% of the population.
Better to stay home with parents, pay little to nothing in rent/utilities, than to pay skyhigh rent and crazy utilities. Etc. The powers that be want to make renting a condo/apartment the new American Dream. And those that own their own condos/homes are now considered upperclassmen, bordering on well-off.
well it not a trust fund or a paid for apartment only staying with parents and saving money and paying collage debt . immigrant families do it what is the problem i don't get it .
Hello from France, there is nothing disgraceful in France or other European countries , for multiple generations to live together in the same family home. Here in rural France there are often several homes on a farm where many family members live. Of course, many young people move to big cities like Paris or Nantes and buy a home there. But our young people do not have the student loans and the health insurance disasters that plague the young people in the USA. But again, I see no disgrace in living with parents while you save money, etc.
It’s not student loans or health insurance (which you pay for in taxes), it’s the price of housing increasing while wages have remained stagnant for 30 years. I had student loans and health insurance and had an apartment, which has now quadrupled in price since I lived there and wages have stayed the same. Also it’s common where I live in the US for kids to live with their parents until their mid-late 20s, it’s not seen as shameful…it is out of necessity though, and they certainly couldn’t afford a house in a safe area in city until they’re much older. Rural areas are far less expensive but are also far from jobs, so sometimes that is hard to manage. The kids are moving out to rural areas to buy houses once they’re married and have 2 full-time incomes, and then dealing with a long drive to work. Or they’re staying in the city and living in apartments. And morons like Elon Musk are against remote work for people who can very easily telecommute and save themselves hours a week in transportation time.
Not from what i see. Salaries are not climbing as fast as living expenses. I was lucky to buy my place super cheap because of the housing crash over a decade ago but even with my decent salary, i could never own a place now.
Yeah, can’t agree with your point on this. Prices are nuts right now for rent and housing. On top of that, groceries are out of control as well. If you were to say, let’s stop spending on illegals, sure. But prices are nuts, with or without purple hair
I had student loan for my college education. It took 10 years & I paid it off. If you have to live with your parents because the degree is worthless, so be it. It's their obligation, not the obligation of the rest of us. NO student debt forgiveness!!
That's on the universities. They should not be allowed to produce worthless degrees and they certainly should not be allowed to apply government funding towards useless degrees. Once we have made sure that what universities are selling has value, then I will move against debt forgiveness. Until then, I will 100% support universities being saddled with the problems they made, which is really more of a debt transfer than a debt forgiveness anyway.
When you raise my property taxes, I raise the rent to cover it. When oil goes up, carpet goes up. When carpet goes up, rent goes up. When roofers, electricians and plumbers go up, rent goes up. Landlords have expenses too. I don't like raising rent but I don't have a choice.
The market will create the average rent, but it doesnt help when ultra wealthy real estate speculators & "AAA" mortgage-backed securities create asset bubbles that fllod the market with homes, which are gobbled cheaply by the same govt. bailed out financial institutions and private equity firm that caused the Crisis, & are now making up for whatever losses they might have suffered during the bubble pop.
The financialization of housing has transformed homes-once a cornerstone of stability for families-into speculative assets that disproportionately enrich the ultra-wealthy while undermining societal well-being. The "too big to fail" safety net for banks and Wall Street essentially amounts to corporate welfare, and they’re fortunate that Gen Z hasn’t fully connected the dots. If they did, Occupy Wall Street might look like a tame protest compared to what could follow.
And we can all look at this with a different perspective. Living with extended family is what I grew up with. I live with my extended family now. Contributing to the livelihood of the family and putting them first before buying junk for myself that would only end up in a landfill is a good thing. When did it become fashionable to become so self absorbed that living alone is the only alternative because you've become so insufferable? My advice right now: Take the time you need to look beyond your wants and think of someone else for a change. There are individuals with no family to count on and are going homeless with a kid or two in tow on the streets. Count your blessings!
It's very hard to have a romantic life while living at home. And it's not good for your self-esteem either. You still feel like a child. But the rents are way out of control. Back in the day, as my grandfather related to me, you worked 1 week to pay your rent. Now your rent takes up a huge portion of your income.
Housing prices have skyrocketed while wages remain stagnant. These kids are making no more than my husband and I did when we were young, and we had a $550/month apartment in a nice part of town. That is unheard of now, apartments start at 2k.
I joined the Navy after graduating high school. After 3 years I was sharing an apartment with my 2 others. and 2 years later I could afford to share a 2-bedroom apartment. I kept my apartment when I went on short deployments. When I went on 6 months cruises I got free moving and storage. I always had pay, meals, and good paying job. I was an AE.
2 things that could help with housing costs: eliminate the mortgage interest tax deduction and make it illegal for an individual or company to own more than 10 houses. If a rich person or corporation can own 50,000 houses, obviously that will strangle the housing supply for the average buyer. The interest write off is to great of an incentive for flippers to buy and sell houses.
Thank the boomer generation this is what their politics brought us. Time to deal with our problems, cut social security we can't go on in debt like this.
More Amber please! I'm so tired of other douchie anchors (though not all of them are douchie, but you know who I'm talking about). She's such a commonsense girl! So intelligent and articulate!
It'd be really cool if there were some types of financial tool. That allowed a bunch of people to come together and purchase a house. And as people left they could take their equity with them.
Dude that what a condo is. Common ownership of amenities/shared space, private ownership of your individual unit that you can improve and build equity in.
My family had to buy a townhome with a 1 car garage in July of 2024 instead of single-family home due to the pricing and interest rates. Thank you Biden/Harris.
Why is this a issue No adults can help out thier parents before they retire Help with rent groceries and saving money for retirement not playing video games
Checked cheapest apartments in Philly and most are under 1000 and there are $500 or less a month. The neighborhoods may be a problem, but if someone can walk thousands of miles through Mexico to the US, it is a choice of survival over expectation.
It is interesting how some young people who got student loans and now making decent money can not afford to repay their loans. My prime example is Brianna Joy Gray who has a law degree and a YT channel and was on Rising for a while and got fired over BS interchange with a woman about the Israel genocide
I'm 41, and even i need a partner or roommate to not have to stay with my parents. I don't have children, and don't intend to have any, but it's way too expensive and wages are too low to be able to live alone.
It's sad, how many of these people have a marketable skill? How many of them have a college degree that there is no marketing for! How many have been living at home since highschool? I know that times are tough. But as a former employer, there are a lot of young people who believe that a job is where you get paid all day for playing on your phone! Many believe that you only have to come to work when you feel like it!!!! Part of the problem are the young people!
Don't even get me started on how literally anything that could be potentially used to make money in the distant future (e.g. language programs) is paywalled twice as hard as anything else. because people just accept the line "you gotta have money to make money" without an iota of question.
I'm not diminishing the issue... but have a look at other countries. In other countries, families most often live together like this for the same reasons. It's very common to have multiple families living in one home. They have 100-year mortgages, and they are often handed down to generation after generation. Additionally, a college degree has never guaranteed a great job. In my opinion, it's just an expensive piece of paper. Learning a skilled trade from a trade or vocational school is often much better. Just say'n.
Yep, this is the trapped, suffocating world we live in and there's no end in sight. there was no right move.. Even if you're a good student and get into the schools you want they still won't pay for you to go there unless you're way off the charts, especially if it's Out of State. If you want to leave the state you were born in, too bad, that's an extra luxury and extra cost. Even if you managed to get a free college degree, it doesn't matter because still no one will hire you, especially not at a fair wage. Some states will have let you do community college in state for free, but if you hadn't committed to staying in state and doing this while in high school, the window will have closed. And Trade school isn't an option either because you have to pay for it just the same. Any field-specific training course you can do, for example to become a paramedic, must be purchased as well. There is just no point in trying in a system where you have to purchase information/knowledge and health care. These things should not have to be purchased.
As a gen x. My first place was a room .. no access to a kitchen and no access to a bathroom at night. My wage was 4.25 hour and the room cost 350 a month. Do the math... car ins was 150 a month and gas was 1.00 a gallon on a good day..
Easy solutions. Only allow people to take out loans to do degrees that have the ROI to pay back the loan. We need to force people into chosing nursing vs English literature if they wont do it for themselves and the money is taxpayer funded.
I rent a 4 bed/2 bath, 1,800 square foot home with full basement for $1,000/month. It includes all appliances and is in 90% condition (will need a bathroom remodel in 5 years). The catch? It's in rural Minnesota and winters are harsh. I don't make any money of it but it does cover my bills.
I graduated college right before the great recession. Every job I had for ten years was a dead end. Working for myself was the answer. The trades are the best path right now because it will be a long time before those jobs will get automated
All 3 of my kids moved out with decent jobs at 17-18. They all worked in restaurants starting around 15. Purchased thier own cars at 16. Entered adult jobs by 18. Medical, IT, military, law enforcement, there are tons of good jobs available with or without college. The problem is finding young people that want to work and don't have a drug problem already.
@martyharless5097 I'm not on the board of education, but math in grade school takes multiple courses and 2-3 years to complete. College 1000 level math courses are all of those combined. Of course people will forget how to solve those problems. I finished high school in 2016. I just started College last semester and completed a Trigonometry Course (passed with a C). High school only touches on those subjects briefly.
Illegals get treated better than veterans. Criminals get bailed out more than working class citizens. Corporations are prioritized over people. Its a sad doom cycle we are in. At least people are starting to see the trap that is set.
well they gaslight us with socialism and give them every thing .
It's called neoliberalism and it was a scam bought hook line and sinker by the electorate from the snake oil salesman par excellence Ronald Reagan.
*These things all became more common place 2021- present.*
*I want to thank my fellow Gen Z's for doing their part to save America by electing Trump, and voting Dems out. Gen Z is awesome, growing up in the Obama era taught us a lot, about bad governance.*
@@federalistpapers4523 bruv the last 4 years should show you that nobody is on OUR side it doesn't matter who is in power they DONT CARE ABOUT US AT HOME, Democrats are more interested in dunking on the right than actually doing anything to help us. at least someone tells people that their struggles are real and valid and even if he wont fully solve it at least he didn't deny our complaints and tell us ¨the economy HaS NeVeR bEeN bEtTeR" and that we are the reason for our own financially difficulty. He's a POS as a person but at least he seems like a real person and not a figurehead for the political class that hasn't done anything for working people in a long time
These kids are absolutely correct. 30 years ago I bought my first home. A 4 bedroom, 2 full bath, finished basement and a one car garage for 155k. My taxes were 3k a year.
Had a wife and 2 kids with my wife at home and comfortably provided for all of them making 85k a year.
I recently sold the home for 490k and the taxes were 11k at the time of sale.
What would a young couple now have to earn to do the same I did easily 30 years ago. Oh yeah, all I had was a high school education as well.
Thank you for acknowledging the problem... We wanna live the American dream!
What you do after you sold for 490k ? Where you go n what you doing now ? U still married or divorce ?
It's become too expensive to live even if you don't have student loans.
This is the sad truth. I have kids but no debt, my friends lament that they can’t start families and it’s sad.
My 27 year old son has a very good professional job but has been forced into having to move back home with us with his wife and daughter due to the exorbitant costs of housing, insurance , utilities and food, etc. I love having them here but it is very unfair for him and his family that they’ve been priced out of being independent.
the cost is NOT going down.
I applaud you for housing them. It's a parent's responsibility before it is society's responsibility.
I should be living with my parents. Rent is a nickel a minute.
roughly 2150 a month , yes, thats more than a mortgage
my Indian friends who earn 240000 usd still stay with there parents no wounder they r the richest cohort .
I know a couple with a good number of kids (in their 20s) living at home and working.
The plan is to leave when they have the bucks for a house and about to get married.
In the meantime they aren’t paying rent, handling their personal bills and the parents have extra adults to help run errands and rake leaves etc.
Imagine what their household income number is.😂
@@MuazKhan-t3cthey are in the top 5% and do that… imagine everyone else
@@DavidV619 true but they can afford another house , i don't know anyone who has not recived help from family to buy an apartment start a family .
They live at home because they can't afford a place to live by themselves. This is crazy how the answer is right in front of us and like we're looking through it
I'm 61 and a lot of people my age need to recognize that financial situations are different now. A lot of twenty-somethings are saddled with student loan debt that did not result in a job capable of paying it off. And keep in mind, these loans are basically given out like candy by the federal gov't to teenagers who are most likely not understanding the long-term negative implications of that loan. In addition, rent and housing prices are astronomical. It's not inflation... there is active collusion among rent providers to raise rates in an anti-competitive fashion that is currently being investigated. And finally, marriage and dual incomes were often a prerequisite for buying a home and marriage is a rapidly vanishing phenomenon. Add all of these together and a lot of twenty-somethings are financially trapped into living with their parents.
What do you mean by "active collusion among rent providers"? Are you suggesting that the government or entity should dictate to homeowners what rates they can lease their homes at?
@@NONE2NONE no. what I mean is that apartment complexes that should be competing are actually violating anti-trust laws by sharing their pricing information through a software product called RealPage. I am not being hyperbolic. The Justice Dept and many states are currently suing them for price-fixing. It's the chief reason why rents are so outrageously high in this country.
@ Got it. I misunderstood your original post.
I live with my dad not just because of how expensive everything is now but I genuinely fear what will happen if I leave. Case in point, just the other day he had a cold and handed me some meds he "saved for a rainy day" and asked to see if they were good for a cold. They expired in 2018, it's currently 2024. 😑
As long as they aren’t antibiotics, they just lose potency.
Antibiotics should be kept in the fridge
It's crazy how much easier life is if you were born in the '70s rather than the '90s. Just think about that
70s? That's a challenge too in Cali. You would be too be born in the 50s for a quality life
20 hr is nothing today. It's like minimal wage in America
One of my best friends has been renting for the last 3 years. His rent has gone up to 2200$, and yet he’s never missed a payment. Can’t get a loan for a house because he apparently wouldn’t be able to pay a 1250$ mortgage.
People keep saying that gas and food is the cause of high inflation. NOPE. IT'S HOUSING. Get the housing cost down and you can afford to save and buy a home.
Exactly it's amazing that this isn't being discussed directly
All these houses are way overpriced we need to go back to a 3 bedroom for $200-250k. Not half a mil.
The student debt crisis is really about people getting degrees in fields where demand is low, or maybe even non-existent. Getting a college degree has become more of an expensive hobby/passion than a true path towards a career for way too many people.
You could live ok off of just a high school degree in the past, this issue is larger than people getting certain degrees
how we've been teaching economic literacy since industrialized institutional schooling took over in the early 1900's is as bad as the food pyramid the GenX and Millennials grew up thinking was healthy. We are being taught to be unhealthy in body and effort. Then disconnect us socially and we have a society in permanent need and want to farm .... then we have the 'affordable care act' which is the basis by which the insurance companies fleece us. We asked for health CARE, not FORCED insurance... learn from people that know, don't listen to the institutions, they aren't here to help.
I understand everyone's comments. HOWEVER, when I was growing up expectations were different. Houses were smaller, no cell phones, no computers. Single people always had roommates to share expenses. Instead of going out to a restaurant, my parents took us to the park for a picnic. Entertainment was riding bikes, throwing frisbees and everyone was skinny back then.
Truth. But roommates weren't a lifestyle. It was realized at some point you'd earn enough to live on your own. Now, living on your own is impossible. And don't even think about a traditional family. Both parents "must" work
I love the idea that trades schools are a cheaper option. Look into the costs of trade schools now. You’re going into debt for those as well.
Apprenticeship programs allow you to work in the field and earn money while learning.
I went to a trade school & could never find a job cause everyone wanted years of experience😏
There needs to be products/services for poor & working folks, just like how there are luxury products/ services
Saving up that 20% down payment to avoid PMI on our own place was brutal, however my wife and I moved in with family for a few years. We had a decent chunk before we moved in but living with my dad really helped get us over the threshold and into home ownership. That was 2019 and we had to save about 70k. It was tough then. I can only imagine how much harder that must be now. Everything is close to double with double the interest rates thanks to terrible covidomics. You need a 150k salary to afford a starter home and even then you'll be house poor. Young people got a raw deal.
In most countries this is normal, don’t move out till married, and make fun of us for wasting money 😂😂😂
Yeah, because most countries are poor. This is nothing more than a giant step backwards
More Americans than ever are single/divorced/widowed & the median priced house (or decent rental apartment for that matter) in the USA today is DOUBLE+ what the median income working American can afford. Recipe for disaster.
They say the American dream is to leave.
People are having less kids so why are they still building huge homes?
I made 92k this year, I went to trade school, i paid 2k out of pocket and got the rest on scholarship in total my entire trade school cost about 6k. My step brother went to UT, he's making around 54k a year and is in debt like 80k from school
That's how things should be. multiple generations living together. I have two kids and I don't pay a cent for daycare.
That's how it used to be in America and currently is in Europe.
A lot of people today don't have a family, or at least not one that isn't toxic/abusive. All the wrong people seem to be the ones mindlessly breeding.
@oligarchy-usa Western society is whack. I come from Eastern Europe. Our kin bonds are strong
@bradleymaravalli2851 People kick their kids out at 18 and wonder why nobody is around at 80
Your kids work from home or stagger shifts to make it work just dont work?
How is bringing in MORE H1B visa immigrants a MAGA position? And if it isn’t, why are Elon and Vivek tweeting about doing it? Help me understand. 🤬🤬🤬🤬
It's all a scam. They know how dumb voters are. People fall for anything. That's all you need to know.
Our government cares little about our people. Luigi Mangione for Congress!
This guy actually thinks electrical engineers don’t go to college. Hilarious.
yeah you can tell he's a bit out of touch, electricians don't go to college, electrical engineers 10000000% do lol
Dude was literally a "consultant" for the Democrat party. Make sense now?
...you don't. You can apprenticeship...
I found myself stuck in a rut back in 2000. Married, 2 kids and I was going from job to job with no real clear picture of a future for my new family. I did what any red blooded, patriotic American would do…
… I joined the Army. I acquired some life skills and discipline I was lacking. I was able to provide for my wife and sons for the next 13 1/2 years without any question.
My sons are currently serving our beloved country.
Young Americans are lost because they refuse to go towards the light. They refuse to conform to rules and regulations.
How old were you when you joined the military?
Thank you for serving!
I spent a year at college and was totally unready for it. Just partied. Got terrible grades. Realized I needed to grow up and joined the army. Best decision I ever made - I served my nation while also being forged as an actual man AND got the $$$ for college. When I went back to college 6 years later I never earned less than an A on any assignment. Not bragging - just stating fact that my service gave me a self-discipline and work ethic that most young people simply lack.
Now my son has just been commissioned as an officer.
Couldn't be more proud of him.
This is available to nearly any young person, yet the % of people who have served is at an all-time low. Says a lot about our culture. Personally, I think government-backed loans should only be available to those who served; Id even strongly support mandatory service of some type for young people from 18-21. Perhaps even make voting by those under 21 dependent on service. And young women should have to serve too. I can think of nothing that would be better for them.
The military is a great way for a young person to get started and gain independence in their early life. My daughter is enlisting in the navy Jan 7th. If she wants to do college also. She won't have student debt because the military will pay for it.
Perhaps there is a better way to stimulate the economy other than war?
Me too, lost both my legs and hearing.
Its.more like adults are stuck living longer with their kids
my mom came back to live with me and my brother and our families
In the past, most people had roommates to afford rent. For some reason society has forgotten this. I think social media has warped people perception on how life really is for 90% of the population.
Better to stay home with parents, pay little to nothing in rent/utilities, than to pay skyhigh rent and crazy utilities. Etc.
The powers that be want to make renting a condo/apartment the new American Dream. And those that own their own condos/homes are now considered upperclassmen, bordering on well-off.
Berry was a rich kid, please! You know he didn't have to worry about money.
Lol, if your kid is dumb enough to take out 250k in student debt, you need to tell them the rest of the story.
Work harder, so the rich can profit more. Deny defend depose
well it not a trust fund or a paid for apartment only staying with parents and saving money and paying collage debt . immigrant families do it what is the problem i don't get it .
Hello from France, there is nothing disgraceful in France or other European countries , for multiple generations to live together in the same family home. Here in rural France there are often several homes on a farm where many family members live. Of course, many young people move to big cities like Paris or Nantes and buy a home there. But our young people do not have the student loans and the health insurance disasters that plague the young people in the USA. But again, I see no disgrace in living with parents while you save money, etc.
It’s not student loans or health insurance (which you pay for in taxes), it’s the price of housing increasing while wages have remained stagnant for 30 years. I had student loans and health insurance and had an apartment, which has now quadrupled in price since I lived there and wages have stayed the same. Also it’s common where I live in the US for kids to live with their parents until their mid-late 20s, it’s not seen as shameful…it is out of necessity though, and they certainly couldn’t afford a house in a safe area in city until they’re much older. Rural areas are far less expensive but are also far from jobs, so sometimes that is hard to manage.
The kids are moving out to rural areas to buy houses once they’re married and have 2 full-time incomes, and then dealing with a long drive to work. Or they’re staying in the city and living in apartments. And morons like Elon Musk are against remote work for people who can very easily telecommute and save themselves hours a week in transportation time.
Going to college changed my life. It’s because I picked the right degree.
How many have purple hair? 99%?
Be careful some of us are on your side 😂
Not from what i see. Salaries are not climbing as fast as living expenses. I was lucky to buy my place super cheap because of the housing crash over a decade ago but even with my decent salary, i could never own a place now.
Yeah, can’t agree with your point on this. Prices are nuts right now for rent and housing. On top of that, groceries are out of control as well.
If you were to say, let’s stop spending on illegals, sure. But prices are nuts, with or without purple hair
I had student loan for my college education. It took 10 years & I paid it off. If you have to live with your parents because the degree is worthless, so be it. It's their obligation, not the obligation of the rest of us. NO student debt forgiveness!!
That's on the universities. They should not be allowed to produce worthless degrees and they certainly should not be allowed to apply government funding towards useless degrees. Once we have made sure that what universities are selling has value, then I will move against debt forgiveness. Until then, I will 100% support universities being saddled with the problems they made, which is really more of a debt transfer than a debt forgiveness anyway.
When you raise my property taxes, I raise the rent to cover it. When oil goes up, carpet goes up. When carpet goes up, rent goes up.
When roofers, electricians and plumbers go up, rent goes up. Landlords have expenses too. I don't like raising rent but I don't have a choice.
Exactly 🎉
The market will create the average rent, but it doesnt help when ultra wealthy real estate speculators & "AAA" mortgage-backed securities create asset bubbles that fllod the market with homes, which are gobbled cheaply by the same govt. bailed out financial institutions and private equity firm that caused the Crisis, & are now making up for whatever losses they might have suffered during the bubble pop.
The financialization of housing has transformed homes-once a cornerstone of stability for families-into speculative assets that disproportionately enrich the ultra-wealthy while undermining societal well-being. The "too big to fail" safety net for banks and Wall Street essentially amounts to corporate welfare, and they’re fortunate that Gen Z hasn’t fully connected the dots. If they did, Occupy Wall Street might look like a tame protest compared to what could follow.
They should cross their fingers that gez Z doesn't connect those dots if rent gets even more unaffordable.
@@JayBee-cr8jm my rents have only gone up what my expenses have
Any job you can do from home can be outsourced, yet you can't outsource the plumber.
And we can all look at this with a different perspective. Living with extended family is what I grew up with. I live with my extended family now. Contributing to the livelihood of the family and putting them first before buying junk for myself that would only end up in a landfill is a good thing. When did it become fashionable to become so self absorbed that living alone is the only alternative because you've become so insufferable? My advice right now: Take the time you need to look beyond your wants and think of someone else for a change. There are individuals with no family to count on and are going homeless with a kid or two in tow on the streets. Count your blessings!
It's very hard to have a romantic life while living at home. And it's not good for your self-esteem either. You still feel like a child. But the rents are way out of control. Back in the day, as my grandfather related to me, you worked 1 week to pay your rent. Now your rent takes up a huge portion of your income.
Islanders encourage their children to stay home, save money, aid the family (that's building character)and marry.
Housing prices have skyrocketed while wages remain stagnant. These kids are making no more than my husband and I did when we were young, and we had a $550/month apartment in a nice part of town. That is unheard of now, apartments start at 2k.
We had roommates to afford rent.
Move back home . Must be nice!! It's a struggle out here
A island and coconut water 💧 is all I need. What a joke 😂… the wealthy control everything.
I joined the Navy after graduating high school. After 3 years I was sharing an apartment with my 2 others. and 2 years later I could afford to share a 2-bedroom apartment. I kept my apartment when I went on short deployments. When I went on 6 months cruises I got free moving and storage. I always had pay, meals, and good paying job. I was an AE.
2 things that could help with housing costs: eliminate the mortgage interest tax deduction and make it illegal for an individual or company to own more than 10 houses. If a rich person or corporation can own 50,000 houses, obviously that will strangle the housing supply for the average buyer. The interest write off is to great of an incentive for flippers to buy and sell houses.
Thank the boomer generation this is what their politics brought us. Time to deal with our problems, cut social security we can't go on in debt like this.
More Amber please! I'm so tired of other douchie anchors (though not all of them are douchie, but you know who I'm talking about). She's such a commonsense girl! So intelligent and articulate!
the funniest thing is everybody knows prices arent coming down including trump himself, but trump voters cant read
Someone has to pay for virtue signaling. Looks like it’s you.
It'd be really cool if there were some types of financial tool. That allowed a bunch of people to come together and purchase a house. And as people left they could take their equity with them.
Dude that what a condo is. Common ownership of amenities/shared space, private ownership of your individual unit that you can improve and build equity in.
@@beddythecorgi4269 do they make standard loans for that sort of thing?
Honest question: why shouldn’t it take 15-20 years to pay off a $250,000 student loan?
My family had to buy a townhome with a 1 car garage in July of 2024 instead of single-family home due to the pricing and interest rates. Thank you Biden/Harris.
Did Biden/Harris provide you with the down payment?
living at home has very little effect on women social status, the surrounding men are more than happy to marry with a girl who's still living at home
Some already take care of aging/ailing parents
Why is this a issue
No adults can help out thier parents before they retire
Help with rent groceries and saving money for retirement not playing video games
Doing better than most but still stuck in the rent cycle where I am paying the full cost for someone else to own this home.
Checked cheapest apartments in Philly and most are under 1000 and there are $500 or less a month.
The neighborhoods may be a problem, but if someone can walk thousands of miles through Mexico to the US, it is a choice of survival over expectation.
LOVE THE HILL! Great content!
Sweetie you said the truth. A trade school is where many gen Z are heading!
It's still 20k
It is interesting how some young people who got student loans and now making decent money can not afford to repay their loans. My prime example is Brianna Joy Gray who has a law degree and a YT channel and was on Rising for a while and got fired over BS interchange with a woman about the Israel genocide
This guy said that the people that don't go to college are the electrical engineers 😂😂😂😂 if that's true it explains a lot of why nothing works
they should stop working, to speed up change.
Ugh I'm trying to move back home.
Don't worry Elon has your replacements
I'm 41, and even i need a partner or roommate to not have to stay with my parents. I don't have children, and don't intend to have any, but it's way too expensive and wages are too low to be able to live alone.
It's sad, how many of these people have a marketable skill? How many of them have a college degree that there is no marketing for! How many have been living at home since highschool? I know that times are tough. But as a former employer, there are a lot of young people who believe that a job is where you get paid all day for playing on your phone! Many believe that you only have to come to work when you feel like it!!!! Part of the problem are the young people!
Amber Duke's biggest character building moment was having a bunch of roommates... womp womp
Look at them all 😢
Don't even get me started on how literally anything that could be potentially used to make money in the distant future (e.g. language programs) is paywalled twice as hard as anything else. because people just accept the line "you gotta have money to make money" without an iota of question.
Why haven’t you guys covered the woman who was burned alive in NYC?
The male news caster has NO character.
I'm not diminishing the issue... but have a look at other countries. In other countries, families most often live together like this for the same reasons. It's very common to have multiple families living in one home. They have 100-year mortgages, and they are often handed down to generation after generation.
Additionally, a college degree has never guaranteed a great job. In my opinion, it's just an expensive piece of paper. Learning a skilled trade from a trade or vocational school is often much better. Just say'n.
Yep, my just graduated kid is back. It’s a joke the state of our country.
Yep, this is the trapped, suffocating world we live in and there's no end in sight. there was no right move.. Even if you're a good student and get into the schools you want they still won't pay for you to go there unless you're way off the charts, especially if it's Out of State. If you want to leave the state you were born in, too bad, that's an extra luxury and extra cost. Even if you managed to get a free college degree, it doesn't matter because still no one will hire you, especially not at a fair wage. Some states will have let you do community college in state for free, but if you hadn't committed to staying in state and doing this while in high school, the window will have closed. And Trade school isn't an option either because you have to pay for it just the same. Any field-specific training course you can do, for example to become a paramedic, must be purchased as well. There is just no point in trying in a system where you have to purchase information/knowledge and health care. These things should not have to be purchased.
If you have over 100k in student loans you're unlikely to ever own a house
I have $9k in loans
If college is so valuable, why don’t we make it free as it would obviously produce benefits for the society since it’s so darn valuable.
As a gen x. My first place was a room .. no access to a kitchen and no access to a bathroom at night. My wage was 4.25 hour and the room cost 350 a month. Do the math... car ins was 150 a month and gas was 1.00 a gallon on a good day..
Gen Xers were the last generation to really have it good
my Indian friends who earn 240000 usd still stay with there parents no wounder they r the richest cohort .
Easy solutions. Only allow people to take out loans to do degrees that have the ROI to pay back the loan.
We need to force people into chosing nursing vs English literature if they wont do it for themselves and the money is taxpayer funded.
Why not just live off your children? Get them to buy you a car.
Little info for the hill..many older people would be homeless without the income their children bring into the home!
It's almost like when we're in a 2nd guilded age and at record inequality hurts avg workers...thanks Reaganomics! 👍🏻
Slacker generation
What a hard life. Why don't you get out their and do something. I am sure you are still partying.
Wow. That was so constructive and helpful. 👏 👏 👏
@@lanceolot007 You have it so easy. Most have everything handed to them. Stop being so pampered.
@@richardquimby7046 sounds like you're the one pampered and projecting. You offer nothing helpful or insightful.
There is an end that is definitely in sight if they look far enough lol
Go Gamecocks!!
1:48 no offense, but if you want someone to hire you for more than minimum wage you need to have skills. I suggest learning to speak English properly.
A small apartment in our state (a blue state, of course), is at least $2,000 and goes way up from there. It’s insane.
I rent a 4 bed/2 bath, 1,800 square foot home with full basement for $1,000/month. It includes all appliances and is in 90% condition (will need a bathroom remodel in 5 years). The catch? It's in rural Minnesota and winters are harsh. I don't make any money of it but it does cover my bills.
Check out Kentucky, houses are around $180k-$400k.
It’s crazy even in rural areas, if there’s even anywhere to rent. It’s way too expensive
why is the thumbnail not an actual residential house? sheesh, pay attention
live with my mum 😔
I graduated college right before the great recession. Every job I had for ten years was a dead end. Working for myself was the answer. The trades are the best path right now because it will be a long time before those jobs will get automated
That makes you about 115 years old.
@@martyharless5097 the years just fly by
All 3 of my kids moved out with decent jobs at 17-18. They all worked in restaurants starting around 15. Purchased thier own cars at 16. Entered adult jobs by 18. Medical, IT, military, law enforcement, there are tons of good jobs available with or without college. The problem is finding young people that want to work and don't have a drug problem already.
@2:04 is that Chumlee??
Get roommates!
My kids basic math 101 book for college was 250$....why?!?!?!
Basic math is taught in grade school. Why is your kid taking a basic math class in college?
I'm in college now. It's because grade school doesn't count as college credit unless you take an AP course, but AP courses are optional.
@@Zivety basic mathematics is not an AP course unless your definition of basic mathematics is drastically different than mine.
@martyharless5097
I'm not on the board of education, but math in grade school takes multiple courses and 2-3 years to complete. College 1000 level math courses are all of those combined.
Of course people will forget how to solve those problems.
I finished high school in 2016. I just started College last semester and completed a Trigonometry Course (passed with a C). High school only touches on those subjects briefly.
@@Zivety we're talking about two different things.
Celente calls it 'Slavlandia'
Jeez these views are horrible