Gen Z DOESN'T WANT TO WORK ANYMORE!

แชร์
ฝัง
  • เผยแพร่เมื่อ 20 ต.ค. 2024
  • When I recently found out that 20% of young men in their 20s and sometimes even 30s are still living at home with your parents I was shocked. And they're not going to college they're not working they're just mooching off of mom and dad. This is going to have major implications on the future of our economy and housing market.
    Need a Realtor? homeandmoney.c...
    ======
    Like My Sunglasses? Get a Pair s.click.aliexp...
    ======
    I offer 1 on 1 calls, book one if you'd like!
    michaelbordena...
    ======
    My Filming and Editing Equipment
    michaelbordena...
    ======
    Sign Up for My Email list and Get Weekly Video Updates in Your Inbox!
    bit.ly/MBremin...
    ======
    Get Cash Back on ALL your Internet Purchases!
    www.rakuten.co...
    ======
    My Microphone (Lot of People Have Asked)
    amzn.to/3Mhs2oz
    Articles Mentioned in the Video
    www.reuters.co...
    finance.yahoo....
    apple.news/AnF...
    apple.news/ABE...
    #realestate #housingmarket #homeprices #housingmarketcrash
    FTC Legal Disclaimer - Some links found in the description box of my videos may be affiliate links, meaning I will make commission on purchases you make through my link. This is at no extra cost to you to use my links/codes, it's just one more way to support the channel! :)
    DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s TH-cam channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, TH-cam, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.

ความคิดเห็น • 4.1K

  • @TentaclebuckeT
    @TentaclebuckeT 6 หลายเดือนก่อน +401

    I'm 37 years old, been working since I was 15. Married for 10 years with no children. My wife and I live a frugal life in a small town. The idea of owning a house is pure fantasy for us no matter how hard we try to save. Doesn't surprise me that younger generations have given up.

    • @SgtJoeSmith
      @SgtJoeSmith 6 หลายเดือนก่อน +12

      I'm 45. I bought a house and ranch and a $50k truck and tractor and already had 4 trucks and brought another business for $40k at 25 from mowing lawns 4 years

    • @SgtJoeSmith
      @SgtJoeSmith 6 หลายเดือนก่อน +8

      I now have 18 cars and trucks and make $160 an hour changing oil on mowers. I have thousands of jobs that pay $100k a year nationwide but no one smart enough to do them

    • @AIMAGICSTREAM
      @AIMAGICSTREAM 6 หลายเดือนก่อน +2

      exactly.

    • @mitchellcannon6229
      @mitchellcannon6229 6 หลายเดือนก่อน +6

      @@SgtJoeSmithwhat jobs are those

    • @ukulelebutterfly
      @ukulelebutterfly 6 หลายเดือนก่อน +9

      ​@SgtJoeSmith Well SgtJoeSmith, take leadership and start a training facility with job placement availability.
      You can probably get government funds for a foundation and make another paycheck while helping the community.
      What'cha Think? I 😁
      ~ 🦋

  • @DavidJones-tw3ov
    @DavidJones-tw3ov 6 หลายเดือนก่อน +61

    Hard not to see what a corporate scam modern life has become, worked to the grave on the hamster wheel of underpaid employment, unaffordable housing, spiralling food, clothing, utilities education costs,no wonder they can't be bothered.

    • @Corkfish1
      @Corkfish1 6 หลายเดือนก่อน +2

      Welcome to the real world

    • @chrisshannon1125
      @chrisshannon1125 5 หลายเดือนก่อน

      Its all unraveling, the boomers got the best of the deal and we got the fallout/scraps

    • @danacomanici7001
      @danacomanici7001 3 หลายเดือนก่อน +2

      Perfect comment for this joke of a video, criticizing the most disadvantaged generation that is in the labor market right now.

  • @EeeEee-dy6rs
    @EeeEee-dy6rs 6 หลายเดือนก่อน +52

    Im a millennial. People in my generation want to work but they don't want to still be underwater while putting in 40 hours a week. That's the main problem. You used to be able to run a household off of one full time income. Now it takes two incomes minimum and people wonder why the younger generation is living at home and not socializing. We're left to fight over scraps. The incentive isn't there anymore.

    • @jimdandy8996
      @jimdandy8996 5 หลายเดือนก่อน

      I see Millennials out at nice restaurants flexing all the time. Then they'll complain that they can't pay their student loans because (reasons).

    • @Titanmatthew_
      @Titanmatthew_ 2 หลายเดือนก่อน +1

      Because the older generation’s parents gave a lot of their kids screens and that’s their fault.

  • @tslonaker4609
    @tslonaker4609 6 หลายเดือนก่อน +572

    I don't blame them. I work 60 hours a week just to pay bills, no hope in ever buying a house or starting a family. There's no incentive to work hard. Especially when the government gives all your tax dollars to people who don't deserve it

    • @robertwheatley2471
      @robertwheatley2471 6 หลายเดือนก่อน

      and 90% of Gen Z vote democr@t the party of free stuff which is a huge part of the problem.

    • @WHENtalentscout
      @WHENtalentscout 6 หลายเดือนก่อน +15

      Yes, there always is. It's called dignity!

    • @rasen8018
      @rasen8018 6 หลายเดือนก่อน +3

      damn that sucks😂🤣

    • @LIQUIDSNAKEz28
      @LIQUIDSNAKEz28 6 หลายเดือนก่อน +11

      *AMEN*

    • @randomuserame
      @randomuserame 6 หลายเดือนก่อน

      First they give foreign aid to countries fighting wars that don't involve us.
      And by aid, I don't mean money. It's never actual money. What they do is they subsidize the military industrial complex, who then gives "free" stuff to foreign militaries. Then they give it to people to build companies who's sole purpose is to tell kids to chop their parts off. _Then_ they give it to crack addicts. And then if there's anything left over they give it to corporate America for "labor support." Which is left intentionally vague so it can just go to CEOs and executives.

  • @ericchan5055
    @ericchan5055 6 หลายเดือนก่อน +333

    The problem isn’t people not wanting to work. Problem is that corporations are allowed to buy single family homes. You think I want to live at home? Houses here are $1.2 million minimum here

    • @jux3283
      @jux3283 6 หลายเดือนก่อน +26

      same over here, only $800k if you want to live in the hood where the DA lets em loose

    • @pyrrhusepirus7181
      @pyrrhusepirus7181 6 หลายเดือนก่อน +28

      Yep until Investors are out of the housing market it won't change, They are like Dave Ramsey and seeing housing (basic need) as their cash cow now.

    • @garethwilliams4467
      @garethwilliams4467 6 หลายเดือนก่อน +5

      but there should be no alternative to working. The problem is any form of government assistance

    • @ariliving
      @ariliving 6 หลายเดือนก่อน +3

      Exactly

    • @stevenshorten6184
      @stevenshorten6184 6 หลายเดือนก่อน +7

      Lots of "mom and pops" out there with hundreds of doors too. All with residential mortgages locked low. They're the problem as well.

  • @daydos_soundscapes
    @daydos_soundscapes 6 หลายเดือนก่อน +150

    I work 50 hours a week make 900 a week, I can barely afford the ghetto

    • @AshleySpeaks4U
      @AshleySpeaks4U 5 หลายเดือนก่อน

      That covers 2005 rent! 😢 Corporate a**holes flooded the market to clean up the crash, and have ZERO idea what we actually MAKE-Americans were already MAXED OUT at the Millennium. 😢

    • @jl2937
      @jl2937 5 หลายเดือนก่อน +1

      Define ghetto. Are you talking East St Louis IL? No. LoL you have not SEEN the ghetto

    • @nebblepoppishire3037
      @nebblepoppishire3037 5 หลายเดือนก่อน +16

      ⁠@@jl2937 I have been to slums in latin America that would make that place look like downtown Dubai. Ghetto is relative, it just means high crime and low income compared to the rest of a city. It’s not a competition.

    • @4est414
      @4est414 5 หลายเดือนก่อน +1

      what are you doing for work that gets you 900 after 50 hours???

    • @50toinfinityatleast
      @50toinfinityatleast 5 หลายเดือนก่อน

      That’s 46,000 a year approximately. Depends on where you live. And mini rural places, small towns, etc. that’s not terrible. Or rather I’ll say it’s doable. Like up people have said here in the comments sometimes we need to move to find the life we would like to have.

  • @willfuchs7672
    @willfuchs7672 6 หลายเดือนก่อน +467

    I’m Gen Z. I’m working a full-time job and going to school at night, living with my parents, and plan to leave when I’m done with school. We are getting screwed with these crazy college and housing costs.

    • @MichaelBordenaro
      @MichaelBordenaro  6 หลายเดือนก่อน +92

      We’re all being screwed. Inflation robs us all.

    • @InternetUser._
      @InternetUser._ 6 หลายเดือนก่อน +2

      Apply for scholarships.

    • @nogames8982
      @nogames8982 6 หลายเดือนก่อน +22

      But at least you are trying and you have a plan to get out. You don’t want to mooch off your parents forever. That already puts you far ahead in your generation pool.

    • @indigostaraz
      @indigostaraz 6 หลายเดือนก่อน +13

      If your working towards a degree and saving money then that's a good plan.

    • @Getloose360
      @Getloose360 6 หลายเดือนก่อน +4

      ​@@InternetUser._stop it

  • @nicolasbenson009
    @nicolasbenson009 2 หลายเดือนก่อน +684

    Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

    • @Michaelparker12
      @Michaelparker12 2 หลายเดือนก่อน +2

      Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

    • @BridgetMiller-
      @BridgetMiller- 2 หลายเดือนก่อน +4

      This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

    • @tatianastarcic
      @tatianastarcic 2 หลายเดือนก่อน +3

      It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

    • @berniceburgos-
      @berniceburgos- 2 หลายเดือนก่อน +2

      That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

    • @tatianastarcic
      @tatianastarcic 2 หลายเดือนก่อน +2

      My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

  • @BManStan1991
    @BManStan1991 6 หลายเดือนก่อน +840

    "Gen Z has no MOTIVE to work anymore"
    Their parents could buy a home working the exact same jobs 25 years ago. Today, their child, is lucky to not have roomates. It's no surpirse a whole generation is giving up.
    Living organisms are about incentives. If you incentivize something, ie: make the juice worth the squeeze, people will naturally do it.

    • @nicolcacola
      @nicolcacola 6 หลายเดือนก่อน +51

      Tough times don't last forever. Boomers went through economic downturns, but the differenc is, they worked through them.

    • @ZodiacEntertainment2
      @ZodiacEntertainment2 6 หลายเดือนก่อน +174

      @@nicolcacola We have been experiencing a perpetual economic downturn for our entire lives.

    • @firstescape3523
      @firstescape3523 6 หลายเดือนก่อน +36

      REEEE WHY CANT I BUY A HOUSE AT 22 WORKING AT WENDYS!!!!

    • @magikmycology6660
      @magikmycology6660 6 หลายเดือนก่อน +37

      What a bunch of entitled whiners - get over it. You aren't guaranteed an easy life.

    • @robertbrost7777
      @robertbrost7777 6 หลายเดือนก่อน +24

      The good news is Mommy and Daddy will let you stay until they die and, then they wont have to afford a home. They will probably piss and moan about having to pay the property taxes on their free, they did nothing for it home. If my kid lived with me forever, I'd take a HELOC or refinance every few years so the home never gets paid off. I'll enjoy the fruits of my labor. Why should my kid get a free house, I didn't!

  • @Swiss816
    @Swiss816 6 หลายเดือนก่อน +1375

    Gen Z has no incentive. Nobody wants to work to barely afford to be alive.

    • @The_Laid_Off_Life
      @The_Laid_Off_Life 6 หลายเดือนก่อน +35

      Cool !
      That kid that IS working and grinding through is gaining something they others don't have ~ grit !
      When a couple years passed, they just keep replacing the excuse for not being capable......
      Back in the day, Losers were easy to spot 😂😂

    • @SpiKSpaN-ei6zq
      @SpiKSpaN-ei6zq 6 หลายเดือนก่อน +65

      With no end in sight, I might add 😢

    • @rafalrocks
      @rafalrocks 6 หลายเดือนก่อน

      The incentive is not to end up homeless. No generation has it easy

    • @jupitereye4322
      @jupitereye4322 6 หลายเดือนก่อน +41

      What incentives did people in the 1800s have or the 1700s? Or ever throughout history? Many of these Z's don't have any vision, forget the incentives. Their vision is to get an all-inclusive vacation, have instant gratification, or get to live in a "vibrant safe environment". I don't remember when was the last time I met a person who likes to work hard to achieve, long term.

    • @gauloise6442
      @gauloise6442 6 หลายเดือนก่อน +111

      @@jupitereye4322 Not every Gen Zers is a tik-tok influencer, a lot of them are normal young people who are really, really struggling and have ZERO guidance or mentorship from the older generations.

  • @savrah
    @savrah 6 หลายเดือนก่อน +823

    More like no point working when you can’t afford anything anymore.

    • @ericheatmiser2099
      @ericheatmiser2099 6 หลายเดือนก่อน

      I would feel the same way. Your generation is SCREWED. The older people know this but they depend on you working people to keep the system going till they die. They don't want any changes. Changes that are needed to make the economy fairer rather than rigged towards people who have money.

    • @hoppeanofasgard1365
      @hoppeanofasgard1365 6 หลายเดือนก่อน +70

      pretty much the nail on the head, the incentives just aren't there.

    • @happy153ful
      @happy153ful 6 หลายเดือนก่อน +40

      Yep unless you're part of the top 20% there's no point.

    • @PurpleGoddess24
      @PurpleGoddess24 6 หลายเดือนก่อน +7

      That Part!

    • @Viperness
      @Viperness 6 หลายเดือนก่อน +16

      You need to work harder.

  • @ratedm90
    @ratedm90 6 หลายเดือนก่อน +121

    There’s nothing wrong with kids staying with their parents. Most society’s in the world do that, but in the us you’re shamed for it. Now if you don’t contribute at all is a different story.

    • @Oldeagle66
      @Oldeagle66 5 หลายเดือนก่อน +3

      For decades everyone in my family leaves home at 18. We start teaching them early to be self sufficient. It still works now. They can stay for a few months when times get hard.....then back out.

    • @chrisshannon1125
      @chrisshannon1125 5 หลายเดือนก่อน +25

      @@Oldeagle66 I bet your kids love you lol you made them but don't owe them a good life I guess. Enjoy the retirement home gulags

    • @philmarsh7723
      @philmarsh7723 5 หลายเดือนก่อน +2

      I agree. But there's everything wrong with kids doing nothing to improve themselves while wasting their time.

    • @Chad-oh5ik
      @Chad-oh5ik 5 หลายเดือนก่อน +12

      @@Oldeagle66 boomer

    • @Oldeagle66
      @Oldeagle66 5 หลายเดือนก่อน

      @@Chad-oh5ik
      And proud of it.

  • @dawaj3715
    @dawaj3715 6 หลายเดือนก่อน +201

    Well when you work 40 hours a week and still can't afford basic needs, somethings gotta give

    • @lynnjudd9036
      @lynnjudd9036 6 หลายเดือนก่อน +5

      Indeed! Or you feel like giving up or futility dream of a lot more cushy job.

    • @soapa4279
      @soapa4279 6 หลายเดือนก่อน +2

      Nothing will give. The only thing is you gotta work 60 hours a week to make up the difference.

    • @worldpeace4231
      @worldpeace4231 5 หลายเดือนก่อน +1

      😂

    • @jimdandy8996
      @jimdandy8996 5 หลายเดือนก่อน

      Get roommates.

    • @dawaj3715
      @dawaj3715 5 หลายเดือนก่อน

      @@jimdandy8996 Genius! I'm sure nobody has thought of or even tried this before!!!

  • @jbailey3390
    @jbailey3390 6 หลายเดือนก่อน +241

    I’m 26, so the eldest Gen Z. I got a double major in business from a great school, graduated Cum Laude, got a great job straight out of school and make really solid money. Honestly, if I’m struggling as much as I am to save for a house, I can’t even imagine how bad it is for the majority of people in my generation. It’s honestly a generational catastrophe, and I feel like politicians barely talk about it. It literally boggles my mind.

    • @michaellightbown9492
      @michaellightbown9492 6 หลายเดือนก่อน +51

      Why would they? They’re in the group accumulating all the assets

    • @expotemkin
      @expotemkin 6 หลายเดือนก่อน +24

      They dont give a damn about anyone under 60.

    • @lauriegriffin1835
      @lauriegriffin1835 6 หลายเดือนก่อน +4

      You are absolutely correct

    • @latsnojokelee6434
      @latsnojokelee6434 6 หลายเดือนก่อน +12

      The problem is you guys have grown up during an age of social media where they tell everybody they’re supposed to be buying and flipping houses in their 20s. That’s very unrealistic. Many of us in generation X and older didn’t buy our first homes until our late 30s and 40s.

    • @The_Laid_Off_Life
      @The_Laid_Off_Life 6 หลายเดือนก่อน

      The problem: many peps have too much and zero skills.
      Every hand someone cash and they can't figure out correct change?!
      Add on top of that, lack of morale compass and lifetime of recognition awards when in reality they were substandard.
      It has become more important to gender identity than pass math, reading and science.
      We live in interesting times!

  • @jimhanty8149
    @jimhanty8149 6 หลายเดือนก่อน +77

    At 72 I would love to move back home with my parents ( if they were still here) …
    I would love the chance to be better to them than I was to them when I was younger..
    They deserved more than I gave….

    • @Knowledge-b6o
      @Knowledge-b6o 6 หลายเดือนก่อน +5

      They sure did. Could have, should have, would have. That’s life. It’s wild!

    • @domcizek
      @domcizek 6 หลายเดือนก่อน +5

      YES, SAME HERE

  • @waterydepths5584
    @waterydepths5584 6 หลายเดือนก่อน +98

    I'm a retired boomer and my neighborhood is adding more hispanic families. My hispanic next door neighbors pointed one of their security cameras at my driveway and chased off night time intruders two separate times. They told me "We're looking out for you". And they both work 3 jobs each while raising their children. Wow...I am blessed to know them.

    • @sarscov9854
      @sarscov9854 6 หลายเดือนก่อน +14

      foreign Latinos are hard workers. These guys have insane work ethic. Also, unlike in Europe, our immigrants are largely Catholics and Christians.

    • @jimmymorgan3324
      @jimmymorgan3324 6 หลายเดือนก่อน

      @@sarscov9854. Wrong on. Europe, It’s the. Musses. That do not Work & Bladder the benefits , her in the UK. (. 71 % Of them do not. Work. Only. Take

    • @PincheGuey-gc2or
      @PincheGuey-gc2or 6 หลายเดือนก่อน +10

      @@sarscov9854cuz in Latin America you either work 3 jobs or join the cartel

    • @TMendocino
      @TMendocino 6 หลายเดือนก่อน +9

      I am a Latino, I work in biotech. 3 generation American. My Grandfather sent 7 of his 9 children to college. My Dad was an Office in the Air Force and a CPA. This work ethic is why US Latino's are now the 5th largest economy in the world

    • @TMendocino
      @TMendocino 6 หลายเดือนก่อน +4

      @@sarscov9854 U.S. Latinos soaring to new economic heights with $3.2 trillion GDP. LOS ANGELES - If the 62 million Latinos in the United States were their own country, they alone would make the world's fifth largest gross domestic product. New research shows more Hispanic people are becoming homeowners. According to a study by the Urban Institute, 70% of new homeowners will be Hispanic by 2040. Latinos' net wealth is increasing at a faster rate (9 percent for Latinos, versus 4 percent for non-Latino Whites). That is because White sons are playing video games.

  • @JefferyBurke300
    @JefferyBurke300 6 หลายเดือนก่อน +577

    Gen Z here. I make good money, but life is still not affordable. I should have bought a house in 2003 when I was a toddler.

    • @mg1822
      @mg1822 6 หลายเดือนก่อน +42

      And Millennial's in 2003 said they should've bought a home in 1983...shit was expensive then when you compare home prices and wages. Every generation complains about the same shit. Life is not unusually harder for just Gen Z...we all got F'd.

    • @Bawse328
      @Bawse328 6 หลายเดือนก่อน +11

      I sat around (outside the US) watching for a housing crisis spillover that never showed up in 2008-ish. Bunch of homes for sale, prices went nowhere. Not up. Not down. Nowhere! newly built stuff sat completely empty. 👀HOW is that possible!? 🤬

    • @BigJokeMortgageBank
      @BigJokeMortgageBank 6 หลายเดือนก่อน

      @@mg1822 Generation after generation by WallStreet, Democratic and Republican politicians those so-called civil servants, FED, POTUS, mortgage banks, owing student loans that could never be able to be paid up, IRS, insurance companies, hospital and medical bills, property tax, license fees, utilities bills, gas price gouging, by every entity/authority that could meddle with our lives at will.
      Now, the 99CentsOnly is out of business.

    • @SunofYork
      @SunofYork 6 หลายเดือนก่อน +9

      "Should have" not "should of"

    • @craigbeats1498
      @craigbeats1498 6 หลายเดือนก่อน +12

      @@mg1822we did but genz are in a worse situation OP is a bit out of touch.

  • @jabberwookkee
    @jabberwookkee 6 หลายเดือนก่อน +551

    When older people start passing away, their Millennial sons living in the basement will just move upstairs

    • @domcizek
      @domcizek 6 หลายเดือนก่อน +97

      BUT THEY WILL NOT AFFORD TO PAY INSURANCE, ELECTRIC, PROPERTY TAXES, ETC. AND WILL LOSE THE HOUSE

    • @silverfoxfinance
      @silverfoxfinance 6 หลายเดือนก่อน +37

      Interesting theory hahaha. Moving on up

    • @bernaclischurchill4463
      @bernaclischurchill4463 6 หลายเดือนก่อน

      @@domcizek
      Boy did you hit it out of the ball park. They want everything, but don't know how to get up off of their butt to pay for it.

    • @kalef1234
      @kalef1234 6 หลายเดือนก่อน +25

      it's the ultimate play actually. hard workers just mad about it

    • @masterspin7796
      @masterspin7796 6 หลายเดือนก่อน +24

      @@kalef1234 Not mad just watching in awe at the lack of motivation and drive to succeed.

  • @Storr2005
    @Storr2005 6 หลายเดือนก่อน +1136

    And why do you think that is??!! My son lives with me, got a 4 year degree and a job that doesn’t pay squat! And I can’t even afford a house let alone Gen Zers!!

    • @Rebellion1776
      @Rebellion1776 6 หลายเดือนก่อน +62

      What was his degree in?

    • @RamTrucks590
      @RamTrucks590 6 หลายเดือนก่อน +44

      What type of degree? They tell us college educates make, on average, one million more in their lifetime then non college educates.

    • @manormyth
      @manormyth 6 หลายเดือนก่อน

      Men in their 20s are paid less than women in their 20s on average

    • @Storr2005
      @Storr2005 6 หลายเดือนก่อน +53

      @@Rebellion1776 Criminal Justice

    • @GardenerEarthGuy
      @GardenerEarthGuy 6 หลายเดือนก่อน +44

      She could become a police officer with that degree.

  • @Tubes78
    @Tubes78 6 หลายเดือนก่อน +15

    Millennial here. My dad could afford a 3 bedroom house in Amsterdam, a car and 1 family vacation per year while my mom could stay at home and take care of 2 kids on a tram driver salary.
    I make a lot more even with inflation considered and I still can't do the things he did without me and my wife working.
    I pitty my 8 year old who at this rate will have to make over 90.000 just to be middle class an pay close to a million for a normal family home.
    It's too simple to just call Gen Z lazy.

  • @nikopoulos5241
    @nikopoulos5241 6 หลายเดือนก่อน +184

    My dad bought his first house at 29k when he was 19. My grandfather worked concrete construction for $9/hr and bought his first house for $5000. Neither needed an education Like lmao. You have to work twice as hard for half as much compared to people who are still alive. This system is broken. If you dont have family support you are living in a hole you won't dig yourself out of unless you are an outlier.
    This nation is being plundered of its wealth and the limited resources are being spread too thin.

    • @Viperness
      @Viperness 6 หลายเดือนก่อน +3

      You could go into the trades.

    • @BManStan1991
      @BManStan1991 6 หลายเดือนก่อน +24

      @@Viperness I did go into the trades and was able to afford a home, in spite of this economy. I still agree with their comment.

    • @Gerald-i6w
      @Gerald-i6w 6 หลายเดือนก่อน +4

      The resources are plentiful but they are limited to promote an illusion of scarcity I have talked to farmers did have quotas and couldn’t go over that or sell the extra😢

    • @devanishant
      @devanishant 6 หลายเดือนก่อน +10

      Think of how stupid, lazy and unmotivated the average person is, and then realize that half the people are worse than that. There are ALWAYS endless opportunities for those who desire it enough.

    • @sierrasky2491
      @sierrasky2491 6 หลายเดือนก่อน +1

      If you go to become a medical technician it's only one or two years that's what I did later in life and it paid off in spades. Minimum tuition you can make six figures coming out of the gate and have a really nice life. Hope this helps.

  • @Getloose360
    @Getloose360 6 หลายเดือนก่อน +118

    #1 im not kicking my kid out. Could care less what society thinks. My parents supported me when I was trying to find my way and I'll do the same for my kids. Thank you very much..

    • @bernieglass8098
      @bernieglass8098 6 หลายเดือนก่อน +10

      Just like the titanic

    • @Kragum24
      @Kragum24 6 หลายเดือนก่อน +7

      If they are not going to school/college or are not working or not even looking for work, then they shouldn't be shocked that when they get a job, it's probably going to be a shitty job that they hate. Tru dat.

    • @jimdandy8996
      @jimdandy8996 5 หลายเดือนก่อน +2

      You're welcome very little.

    • @Oldeagle66
      @Oldeagle66 5 หลายเดือนก่อน +7

      The best gift you can give your kids is to teach them how to survive without you.

    • @EdilaLewis
      @EdilaLewis 5 หลายเดือนก่อน

      Women changed everything there' many millionaire women without there with no husbands

  • @Willy_Jean
    @Willy_Jean 6 หลายเดือนก่อน +178

    Just ask people who bought a home in the 80's and 90's what they did for work, and you'll be surprised! Back then, you can work hard and guaranteed to buy a home and start a family. Now, working and making $75K is not enough to get an apartment

    • @katydid2877
      @katydid2877 6 หลายเดือนก่อน +12

      My ex was making $30K in ‘86. We bought a house for $95K 12% loan, refied to 8%. He didn’t have a degree, but used training for the Air Force for the job. Hey, kids could join the military.

    • @motorcycleartist
      @motorcycleartist 6 หลายเดือนก่อน +27

      My dad bought a house in South FL ...in 2000 for 125k.. making 12hr... THE AMERICAN DREAM DIED, it's over..

    • @MichaelBordenaro
      @MichaelBordenaro  6 หลายเดือนก่อน +25

      They weren’t really guaranteed anything. They were just luckier in the sense that inflation did not take up as much of their monthly budget and there was far more housing stock available. But that time will come again it all moves in cycles.

    • @blackworldtraveler3711
      @blackworldtraveler3711 6 หลายเดือนก่อน +6

      More than enough where I live.
      All about location in the U.S..

    • @autobotdiva9268
      @autobotdiva9268 6 หลายเดือนก่อน +13

      1200 rent for 500 sq ft is INSANITY

  • @eric_erock434
    @eric_erock434 5 หลายเดือนก่อน +46

    Replacing family with roommates that are worse, and giving away money, that seems like the American dream

    • @caliblue2
      @caliblue2 5 หลายเดือนก่อน +9

      I don’t have a problem living with family if they would be positive about it and a team player. Living in your parent’s house with a bad attitude because you’re taught to believe it’s something to be ashamed of is the problem. When times are hard family should pull together and contribute for the greater good.

    • @sadhu7191
      @sadhu7191 5 หลายเดือนก่อน

      My family doesn't want me to live with them tho

    • @eric_erock434
      @eric_erock434 5 หลายเดือนก่อน +4

      @@sadhu7191 that’s the tradition in western consumer world

    • @sadhu7191
      @sadhu7191 5 หลายเดือนก่อน

      ​@eric_erock434 so if I have no car and no job in walking distance pays rent, and my dad pays rent for me and won't let me home what do I do???

    • @eric_erock434
      @eric_erock434 5 หลายเดือนก่อน +1

      @@sadhu7191 I don’t know. There’s the military/reserves if you don’t have a life passion or goal. And u can take out a big loan and take a risk starting a business too, but u should understand money and debt first.

  • @MakingMovesMajor
    @MakingMovesMajor 6 หลายเดือนก่อน +84

    You cant kick people out in this economy. People can barely afford to live while also living at home.

    • @boosted.boyo.
      @boosted.boyo. 6 หลายเดือนก่อน

      @@cer2299 Most entry level/college education career jobs are offering $16-$18 in my area and the minimum for a 1 bed is $2100-$2600 a month. We’re cooked

  • @AcuraAddicted
    @AcuraAddicted 6 หลายเดือนก่อน +101

    No, most of the kids stay at home not because they don't want to work. It's because rent and groceries became unaffordable. Who of the people who are just starting to go into the workforce can afford $2.5K one bedroom apartments?

    • @biff3917
      @biff3917 6 หลายเดือนก่อน +20

      Doesn't help motivation any when everyone at the store is paying with a ebt card and walking out with cartloads while you are shelling out cash and walking out with next to nothing.

    • @misdesixtysix8255
      @misdesixtysix8255 6 หลายเดือนก่อน +6

      Stop looking at the apartments in the most desirable part of the city and go find a nice apartment in a neighborhood for $1000./mo. Lower your expectations to start. You can always move up after you're established. Be Smart

    • @misdesixtysix8255
      @misdesixtysix8255 6 หลายเดือนก่อน

      ​@@biff3917perhaps you qualify for an EBT Card too if your income is so low. Also, food banks are available to anyone, try them to help stretch your food. Once you're more established you won't need the extra help.

    • @nogames8982
      @nogames8982 6 หลายเดือนก่อน +9

      There’s nothing wrong with living with your parents if you are paying them some kind of rent, paying for your own groceries, etc., help take care of the place, help take care of them, etc. Multigenerational household’s are great if the generations work together. It’s the freeloader sitting in the basement all day playing video games that are the problem.

    • @SgtJoeSmith
      @SgtJoeSmith 6 หลายเดือนก่อน +4

      Apartments start at $600 in my city.

  • @JohnGotDough317
    @JohnGotDough317 6 หลายเดือนก่อน +194

    i’m 16 i don’t have a mom nor dad to depend on my dad has never been in my life, my mom is homeless and i’ve found ways to make money, i’ve created my own online lawn mowing company, i’ve bought my own vehicle, i’ve saved up 6k, i’m still in school and i’m going into the trades but a lot of people my age don’t see the the point of even trying which is sad and pathetic, i’ve never been in the position to be ignorant and unaware of the economy and reality,a lot of them got mommy and daddies money but that’s beside the point social media, their parents, and friends have ruined their mindset abt life , they would rather distract themselves then realize how society really is, they almost live in fairly land or a different reality

    • @devanishant
      @devanishant 6 หลายเดือนก่อน +23

      I began the same way, at 16. You're going to be wealthy.

    • @WhyteHorse2023
      @WhyteHorse2023 6 หลายเดือนก่อน

      I started at age 13 delivering newspapers. I have nothing to show for it at age 49. It's so rigged and gets worse every year. You see guys like Michael who lucked out by buying the dip in 2008 and selling the peak in 2022... or they got their schooling before it went up 500%... or they never got medically bankrupted before Obamacare... or or or. My son is your age and I am very personally affected by what's going on with Gen Z. It's a complete disaster, economically.

    • @marier1127
      @marier1127 6 หลายเดือนก่อน +9

      Keep going it might seem impossible, but by you trying you will make your life better.

    • @phuongly7773
      @phuongly7773 6 หลายเดือนก่อน +12

      You’re awesome!! Good for you😊

    • @Gary65437
      @Gary65437 6 หลายเดือนก่อน

      Facebook is taking care of young people with the Metaverse.

  • @MsOdd86
    @MsOdd86 6 หลายเดือนก่อน +45

    To put it in perspective, the average pay in my city is 12.50, but the average 1bedroom is $1500-1700. If I moved out I’d have to spend 100% of my income on rent and then rely on food stamps and shelters for literally everything else. And even then I couldn’t pay for my car or insurance! I couldn’t move out even if I worked 65h weeks

    • @MrRuben536
      @MrRuben536 3 หลายเดือนก่อน

      Get a job that pays above average then...

    • @frankieboy1030
      @frankieboy1030 หลายเดือนก่อน +3

      ​​​@@MrRuben536 it's so easy to shame someone and say "then get a better paying job" but don't realize that those "better paying jobs" are very picky and hard to get into and even with a degree, you are not promised a good paying job. You are the reason why so many people feel like they are talking to a brick wall. You talk out your ass instead of using just 10% of your small minded brain and common sense

  • @matt9591
    @matt9591 6 หลายเดือนก่อน +178

    I'm somewhat sympathetic because people are so discouraged from even entering the rat race when they feel like lots of social contracts are broken (retirement, house, cost of education and social mobility). But, doing nothing and retreating into perpetual childhood is definitely not the answer

    • @MichaelBordenaro
      @MichaelBordenaro  6 หลายเดือนก่อน +27

      No, it’s not the answer and nothing is ever promised. You have to work and build the life you want.

    • @francismarion6400
      @francismarion6400 6 หลายเดือนก่อน +7

      I'm 48 and never had a "social contract" but doing really well. I started me career as a laborer toting boards and nails for carpenters.

    • @johngrimes412
      @johngrimes412 6 หลายเดือนก่อน +4

      @@MichaelBordenaro This assumes you don't get damaged by identity theft or some advanced attack. I had someone almost succeed in taking a loan of my entire savings out in my name.

    • @deandrulias5812
      @deandrulias5812 6 หลายเดือนก่อน +11

      Every one of my friends who are in their early early 30's who are financially well off look like they are in their 50's. We used to be metal heads with long hair and these guys cant even grow their hair out anymore. Its despiccable. Whats wtih this 30-40 year old epidemic with full heads of silver and gray hair? The men of this country are being mentally crushed by a corrupt and downright evil system.

    • @gregorya6781
      @gregorya6781 6 หลายเดือนก่อน +1

      Too many expect immediate gratification. Hard work often pays off. Learn everything you can about your trade, profession or whatever and put in the time to build your value.

  • @devenrivera5842
    @devenrivera5842 6 หลายเดือนก่อน +174

    I hate every single job I ever had. This didn’t teach me any skills besides ignore my phone calls and learning to say no when your manager tries to bait you into doing a double. It’s inhumane to get paid with Pennie’s, work near 60 hours/week and get mocked for not wanting to work a slaves wage.

    • @darkenedpsynoid
      @darkenedpsynoid 6 หลายเดือนก่อน +25

      absolutely its all wrong......."We are not meant to be born on this earth just to pay bills and die"

    • @doofus9007
      @doofus9007 6 หลายเดือนก่อน +18

      the system fucking sucks, in EU same wage but shit costs 50% more now. WTF.

    • @Bawse328
      @Bawse328 6 หลายเดือนก่อน +18

      People out there talking like 12-14 hr days is a normal thing. I was about to unalive people after 5 years and drop dead myself as a bonus. It is beyond fantasy to even suggest it. Add commuting, add work life cost, spare time cost to attempt feeling like being alive is a thing and worth it at the end. That gig is up in my book, completely unsustainable!

    • @darkenedpsynoid
      @darkenedpsynoid 6 หลายเดือนก่อน +3

      @@Bawse328 well said even though it was sad to read but thats the majority thinking here,hope all gets better for you

    • @Bawse328
      @Bawse328 6 หลายเดือนก่อน +7

      @@darkenedpsynoid
      It is sad because leaving that life might not even be in the realm of possibility for many people. I just up and left never looked back, never will. My slave days are over.

  • @freeze1305
    @freeze1305 6 หลายเดือนก่อน +46

    I'm a manager of a small accounting department. We just hired a 24 yr old for an entry level accounting position. Only paying him $42,000/year. (Not my choice, wage rates are set by HR)
    I was making $47,500 fresh out of college in 2016. It's not the kids, its the wages. It's always been the wages. People will work hard, if you pay them properly.

    • @SilverSunPublishing
      @SilverSunPublishing 6 หลายเดือนก่อน +2

      That is a great wage for an entry level position.

    • @AJUSA1
      @AJUSA1 6 หลายเดือนก่อน +3

      Exactly... these kids are getting scammed but it only lasts so long before they realize that they are losing money working... and then they move home and shut it down... Why would they hustle backwards

    • @AJUSA1
      @AJUSA1 6 หลายเดือนก่อน +13

      @@SilverSunPublishing No it's not. An accounting degree, cost of rent, auto insurance fuel if there is a commute, utilites, health insurance... It's a lot of risk for zero profit on the bottom line... any good accountant would know better... simple math... that kid is getting crushed. His only chance is to gain expeience and switch companies for a better wage... no chance he gets a big enough raise there. Once companies get you cheap, they slow roll you.

    • @freeze1305
      @freeze1305 6 หลายเดือนก่อน +7

      @@SilverSunPublishing LMFAO 😂 boomer.

    • @kixuh6314
      @kixuh6314 5 หลายเดือนก่อน +1

      @@SilverSunPublishingmaybe in ghana

  • @victorofrias
    @victorofrias 6 หลายเดือนก่อน +95

    Nobody wants to work for peanuts. Think about, would you work when 1 hour of work barely buys you a meal.

    • @AshleySpeaks4U
      @AshleySpeaks4U 5 หลายเดือนก่อน +9

      Wow yeah! You have to work four hours to just buy FOOD. Meanwhile, RENT now demands the other four! 😢

    • @jackstormwater7256
      @jackstormwater7256 5 หลายเดือนก่อน +3

      Yes, because I like being able to eat a meal.

    • @philmarsh7723
      @philmarsh7723 5 หลายเดือนก่อน +2

      And how much does 0 hours of work buy you? Things can always get worse. When you're in a blizzard you don't take off your clothes.

    • @jimdandy8996
      @jimdandy8996 5 หลายเดือนก่อน +4

      The people of the Great Depression did it. Are you more special?

    • @threeftr3349
      @threeftr3349 5 หลายเดือนก่อน +2

      @@jimdandy8996 Not only did my parents survive part of the great depression, as children, they survived Hitler's bombings.
      Then later with a child in tow,(my older brother), they got sponsors to come to America. Their determination to suceed, along with their work ethics helped them conquer all of their challenge's in life. They even opened up a business, both worked way into their 60's,, lived into their 90's. They never asked for a hand out, or received any special treatment from anyone. They earned everything in life the hard way. Even grew a large amount of their own food. There's no whining in baseball or life.
      Your life is your own, STOP whining, blaming everyone else for your shortcomings in your life.

  • @bullforcetrading9995
    @bullforcetrading9995 6 หลายเดือนก่อน +206

    Get married, have some kids and pray she doesn't divorce you, take half your stuff and have you living out of car while paying for child support.

    • @garymiller4141
      @garymiller4141 6 หลายเดือนก่อน +31

      You are spot on with that statement but the probability in numbers are way above 52percent..

    • @AlmaVasquezjr
      @AlmaVasquezjr 6 หลายเดือนก่อน +7

      Well, imagine the young man gets married, they don't buy a house, but live with parents, when the divorce happens, there is no home to divide up in the divorce. Because the house never belonged to the young man or woman, belongs to the grandparents.

    • @AlmaVasquezjr
      @AlmaVasquezjr 6 หลายเดือนก่อน +7

      If the man doesn't buy a house, but lives with parents, after the divorce, he still lives with the parents.
      No living in a car.

    • @Infotainment-z7f
      @Infotainment-z7f 6 หลายเดือนก่อน +25

      never marry without prenuptial agreements :P

    • @JG-kv4oi
      @JG-kv4oi 6 หลายเดือนก่อน +13

      Get married, live in a car. If the woman stays she's a keeper. Having saved money by living in a car and proving she's a keeper buy a home 😊 with said savings.

  • @jayjay-bz3rr
    @jayjay-bz3rr 6 หลายเดือนก่อน +342

    I’m 63 years old. I don’t want to work anymore as well

    • @TwitX2007
      @TwitX2007 6 หลายเดือนก่อน +24

      No retirement for you, Bud 🫵🏻

    • @charlesbrown9213
      @charlesbrown9213 6 หลายเดือนก่อน

      Larry Fink and Ben Shapiro want us all working until we drop.
      Nope! Tax the be-jeesus out of Larry and Ben.

    • @lisagrl89m.67
      @lisagrl89m.67 6 หลายเดือนก่อน +30

      You put your time in though, it's understandable

    • @TheBritishWay1
      @TheBritishWay1 6 หลายเดือนก่อน +43

      I’m the same age buddy, and yeah I worked my ass off my entire life. We moved away from Fort Lauderdale and moved to Charleston.
      But I’ve noticed one thing. The grass is always greener on the other side. But when I say this I was willing to do anything. But when you see how much these corporations now want to pay.
      I totally get it why people are so demoralized with it all.
      I’m scared for my three teens right now.
      And me and my wife.

    • @markhetz1119
      @markhetz1119 6 หลายเดือนก่อน +38

      I’m with you ! 56 and my feet hurt, eyes CANT see ,and I can’t remember anything 🤭

  • @sues3218
    @sues3218 6 หลายเดือนก่อน +205

    Not all Gen Z's are this way. I know some who work hard, are staying out of debt, and saving for a house. I know others who are entitled brats. My son is living at home, but he is paying rent and saving for his own house (just waiting for the market to drop, has $85,000 saved so far). He has no debt at all. He also helps out around the house. If a parent is letting their kids mooch as adults, then they are part of the problem. Things are definitely harder now then I had in the past, so I don't mind helping out my kid to get a start in life. It depends on the situation. My son is ticked at some of his friends because they are mooching off their parents. The parents are the ones who are going to pay the consequences for raising such entitled kids. My kid is a big help during these times. We are pulling our resources together, and helping each other out during this insane time. That is what family is supposed to do. People who burned bridges with their families are not going to like going it alone in this economic downturn. Work on your relationships.

    • @MichaelBordenaro
      @MichaelBordenaro  6 หลายเดือนก่อน +24

      I know they’re definitely not all like this. I’m sure there’s a big chunk of them that are doing everything they can to make a life for themselves.

    • @picklikeapro6952
      @picklikeapro6952 6 หลายเดือนก่อน +14

      I guarantee you started making your kids do chores and taught them finances and hard work early. THAT’S the difference. Victims will never be successful because it’s not possible in their minds. They will never take a chance on a business because the system is rigged. Why get a degree when you have to be connected to get a good job etc etc etc etc.

    • @Viperness
      @Viperness 6 หลายเดือนก่อน +12

      You're a good parent.

    • @devanishant
      @devanishant 6 หลายเดือนก่อน +4

      I would have loved for my son to stay, help and inherit the family business. It's a gold mine that I can't walk away from. But he's too busy conquering the world...and already doing better than me, in terms of net worth. The apple doesn't fall far from the tree.

    • @BrianBMS
      @BrianBMS 6 หลายเดือนก่อน +4

      Obviously, you have beem and are a great parent. Thank you!
      ​@devanishant

  • @Scappo
    @Scappo 6 หลายเดือนก่อน +171

    Your ending advice there of "...find a girl and move in with her..." is the WORST possible advice you could give to a young man right now.
    Women are, first and foremost an EXPENSE and one hell of a gigantic risk to even have in your home. Instead of finding a girl young men should focus on themselves, get a trade (electrician, plumber...some level of contractor) and focus on getting out of any debt they might have before moving to a low-cost area and getting on the housing ladder for a reasonable price, or at least as reasonable as it gets these days.

    • @zachlafond2652
      @zachlafond2652 6 หลายเดือนก่อน +4

      Or buy a dump and fix it up, but even dumps these days are $150k to $200k locally so who knows.

    • @fitnesspoint2006
      @fitnesspoint2006 5 หลายเดือนก่อน +20

      agreed super-dumb advice

    • @LisaNewton1
      @LisaNewton1 5 หลายเดือนก่อน +11

      He’s saying finding a girl so he’s got someone to split the bills with. These young men should focus on building a skill and being useful on society. There’ll always be work for tradespeople. Always.

    • @teresaalbin-davis4529
      @teresaalbin-davis4529 5 หลายเดือนก่อน +12

      FYI, lot of women the breadwinner these days, don't dismiss them. More about cost sharing.

    • @Scappo
      @Scappo 5 หลายเดือนก่อน

      @@teresaalbin-davis4529 ...Women do not tend to date men that make less money than they do. The ones that do usually cheat with men they actually respect.

  • @marblox9300
    @marblox9300 6 หลายเดือนก่อน +103

    With 2 Associate Degrees and a Bachelors - I can't even afford to buy my parents bungalow in Chicago. The system is broken.

    • @Ww8.3
      @Ww8.3 6 หลายเดือนก่อน +10

      Unless you got a stem degree it’s simply a waste of money. You could be making bank with skills in trades

    • @ariliving
      @ariliving 6 หลายเดือนก่อน +4

      Exactly. People want to work and be rewarded for it. Not work and not have anything to show for it aka just to survive and be depressed.

    • @marblox9300
      @marblox9300 6 หลายเดือนก่อน +6

      @@cer2299 Pay more and get less. That is the American Future.

    • @davidgray1515
      @davidgray1515 6 หลายเดือนก่อน

      Maybe you should have picked a major that was in demand and paid high wages.

    • @marblox9300
      @marblox9300 6 หลายเดือนก่อน +4

      @@davidgray1515 Computer Programming for Business.............

  • @jontran4808
    @jontran4808 6 หลายเดือนก่อน +491

    Raise your kids and spoil your grandkids, but if you spoil your kids, you’ll end up raising your grandkids.

    • @commonsense6967
      @commonsense6967 6 หลายเดือนก่อน +23

      SO TRUE, lol!!😂

    • @rebekahwarriorspirit8110
      @rebekahwarriorspirit8110 6 หลายเดือนก่อน +8

      Yeap!!

    • @muddyriverdogz
      @muddyriverdogz 6 หลายเดือนก่อน +21

      Your not going to have any grandkids because they cost to much !

    • @CyborgHGWF
      @CyborgHGWF 6 หลายเดือนก่อน

      Most folks raising kids in the 2000s were on welfare because no one would give them a chance at a job

    • @sharkbait4616
      @sharkbait4616 6 หลายเดือนก่อน +2

      What if the kid works a job 23 years and never decided to want kids but the siblings never worked as hard sponged college money off their parents and found partners to procreate with but still not work as hard even with the kids? I know someone in this situation. Punish the hard working child? lol

  • @MrMleewilson
    @MrMleewilson 6 หลายเดือนก่อน +18

    This cracks me up. Nobody WANTS to work. Where do you think the concept of vacations and retirement come from? People go on vacations to get away from work People dream of retirement - the day when they can quit work forever. People who work don't do it because they want to; they do it because they have to. I went to work because i wanted stuff, and working was the only way to get the money I needed to buy stuff. I f I already had the money, do you think I would have went to work anyway? No.
    These insane housing prices are here because people think they can get enough money from selling their house to take care of all of their financial wants and needs - and that means they no longer need to work. So what if it screws over everybody who wants to buy a house. So it's not just the younger generation that doesn't want to work - it's all of us.

  • @joechughtai3155
    @joechughtai3155 6 หลายเดือนก่อน +43

    I've got two boys 20 and 22, They have grown up their whole lives getting told by the system they are the bad guy, male privilege, toxic, no mental health help etc.. Young men have been kicked to the curb by society, it needs to be acknowledged that it's taking a toll (look at college admissions male vs. female over time) and stop all this negativity toward them. Fortunately mine are doing ok, but I know plenty of their friends who are floundering.

    • @lisapolanski9379
      @lisapolanski9379 6 หลายเดือนก่อน

      That is a terrible thing and is one reason I would never vote liberal because the teachers unions are all controlled by members of the Comm Party of the USA. Having said that, if I had children I would never send them to public school. Only Catholic school or home school.

    • @Indigolden
      @Indigolden 6 หลายเดือนก่อน +4

      So sorry that your sons’ friends are so burdened by being asked to behave decently. That must be so hard.

    • @Railios103
      @Railios103 5 หลายเดือนก่อน +10

      ​@Indigolden too bad you aren't a decent person too

    • @carteranderson5907
      @carteranderson5907 5 หลายเดือนก่อน +1

      @joechughtai3155 Can't agree more. I'm 22 and I'm glad I have great parents, good people in my life, and seem to be a little mentally tough or at least hardened. If circumstances were different in my life I could have easily floundered too. It seems a lot of my generation is screwed.

    • @sunypancr
      @sunypancr 5 หลายเดือนก่อน +4

      ​@@Indigoldenwomen should never have gotten any power, should have stayed like it was. Look at this mess it all happened because of a woman

  • @xx-bf8he
    @xx-bf8he 6 หลายเดือนก่อน +87

    Not feeling this. My kid can live with me as long as he wants. Family time is more precious than anything material. I grew up in a multigenerational house and everything was fine.
    We only get so many trips around the sun. Don’t waste it on frivolous things.

    • @Resmith18SR
      @Resmith18SR 6 หลายเดือนก่อน +8

      Even if he's in his 30s or beyond? You're enabling him to become even more depressed because if you don't value your own life no one else will.

    • @SpiKSpaN-ei6zq
      @SpiKSpaN-ei6zq 6 หลายเดือนก่อน +31

      ​@@Resmith18SR bullsht. Mexican and Guatemalans been doing it forever and it works just fine. This move out of the house at 18 is total nonsense.

    • @Thatsright-tr2ks
      @Thatsright-tr2ks 6 หลายเดือนก่อน +9

      Im with ya , @xxbf 💯
      If they want to leave or need to leave, then ok, but they can definitely stay !!!
      I think theres a greater risk of real depression, working their *** off and getting nothing, talking to nobody, being alone

    • @Resmith18SR
      @Resmith18SR 6 หลายเดือนก่อน

      @@SpiKSpaN-ei6zq I've been living here in Mexico for many years and there are no child labor laws here. Children as young as 10 work here and no problem. All I see are people here working their asses off every day.

    • @Resmith18SR
      @Resmith18SR 6 หลายเดือนก่อน +5

      @@SpiKSpaN-ei6zq You're full of it. I have lived in Mexico for years and they don't support their children and let them live at home for their entire life. They put them to work.

  • @maple913
    @maple913 6 หลายเดือนก่อน +61

    20% decrease when the houses have basically doubled in a short period of time. Wow big deal

    • @LesGrossman69
      @LesGrossman69 6 หลายเดือนก่อน

      Exactly

    • @AshleySpeaks4U
      @AshleySpeaks4U 5 หลายเดือนก่อน +3

      They went up SEVERAL hundred thousand PER hundred thousand thanks to flippers which flooded the market around 2010. NOBODY can save $50,000 a year. $10,000 yes, but not much more.

    • @scottrc5391
      @scottrc5391 4 หลายเดือนก่อน

      @@AshleySpeaks4U Disagree. Anyone making $100k can save half of it without too much hardship, unless they're in a ridiculous high cost of living area (NYC, San Francisco, LA, Hawaii, etc). My total living expenses (not including taxes) were $18k as recently as 2015, which included a mid-level apartment in a nice city in the desert southwest often regarded as a retirement city. I ate out every single day for lunch, not even trying to contain costs. If you're smart, you can make your money go far. If you're curious, my main expenses were as follows: $500/month rent, another $100/month electricity/water, $150/month cable (with internet), $15/day food (restaurant meals at lunch, lighter meals for dinner, often leftovers), $100/month groceries (mainly drinks), $1,200/year gas (8,000 miles a year in my car), $1,000/year car insurance, $500/year airfare for trip I did yearly to see family. Add that up and you get $18,375. I wasn't making anywhere near $100k either by the way. Prices are up 33% or so since then, but it still isn't that hard. When I have friends making what I do and telling me they are too broke to eat lunch with me, I am perplexed where all their money goes. But you know what, it's good they spend spend spend. Our economy right now is totally debt-driven and the whole thing will collapse without people like that.

  • @marblox9300
    @marblox9300 6 หลายเดือนก่อน +31

    I just turned 65. I hated working at basically all my jobs. I got a Bachelors in Computer Programming and that just never panned out. I got a CDL-A and fell asleep at the wheel and ended up being very lucky to be alive. Even though I hated working I always did work. Turns out it's a good thing because I just barely had enough Social Security Credits to get free Medicare Part A at 65. I can't put young people down - if I was in their shoes the money you will make won't cut the high cost of living in 2024. And you can forget marriage and kids. It's basically turning into a rich mans country. I don't know where this ends because what needs to be done THEY won't do.

    • @AJUSA1
      @AJUSA1 6 หลายเดือนก่อน +4

      Exactly

    • @annoravetz5188
      @annoravetz5188 6 หลายเดือนก่อน +2

      I’m buying stock in the company that makes Extra Strength 5Hour Energy. That is what this country runs on. And Prednisone. People have to work longer hours to make less money.

    • @marblox9300
      @marblox9300 6 หลายเดือนก่อน +2

      @@annoravetz5188 And pay more money for a smaller house.

    • @lanagavin2309
      @lanagavin2309 5 หลายเดือนก่อน +1

      People are just seen as resources!

  • @cheeseman9967
    @cheeseman9967 6 หลายเดือนก่อน +43

    My daughter still lives with me in her late 20's. Things are tough for everyone and I am just glad that I make enough (I am NOT wealthy by any means!) to keep a roof over our heads. Family needs to stick together in the tough times.

  • @afrules9097
    @afrules9097 6 หลายเดือนก่อน +274

    Gen Z dont work either at all or as hard, because it seems they can feel that the system is rigged.

    • @MichaelBordenaro
      @MichaelBordenaro  6 หลายเดือนก่อน +73

      The systems always been rigged

    • @afrules9097
      @afrules9097 6 หลายเดือนก่อน +55

      @@MichaelBordenaro No, there was some cheating in the goldstandard era, which began 1914 but compared to today it was much more honest. You cant outwork the moneyprinters, this is a political problem.

    • @odessajackson4551
      @odessajackson4551 6 หลายเดือนก่อน

      The system is rigged for and by the 1%..

    • @LynxStarAuto
      @LynxStarAuto 6 หลายเดือนก่อน +7

      @@MichaelBordenaroYou're right, but we can still make something of it.
      You're my age, close enough. We own homes. If we can do it, they can.

    • @TruckingPlanet
      @TruckingPlanet 6 หลายเดือนก่อน +20

      @@MichaelBordenaro Not like it is now, hell, you or I could have opened a hot dog stand 30 years ago and at least made a living, way different now.

  • @leeav1000
    @leeav1000 6 หลายเดือนก่อน +33

    For thousands of years children lived with their parents only in the last century’s have they moved out

    • @coleycole5344
      @coleycole5344 6 หลายเดือนก่อน

      TammySmith-nb6se That's because a lot of Southern families were having like 15 children. That's an army of help to build extra wealth and buy land. With smaller families, it was wise to have multigenerational households.

    • @Bawse328
      @Bawse328 6 หลายเดือนก่อน

      The nuclear family was destroyed purposely. More mindless workers doing the same thing as individual households instead of one

    • @SunofYork
      @SunofYork 6 หลายเดือนก่อน

      "centuries" not " century's "

    • @coleycole5344
      @coleycole5344 6 หลายเดือนก่อน

      @TammySmith-nb6seThat's a Hollywood stereotype. Less than 2% of the population in the South owned slaves. Every group was having 10 or more children close on average.

    • @LetsGo_Brandon
      @LetsGo_Brandon 5 หลายเดือนก่อน +3

      @@SunofYork who, cares, language is symbolic, and you understood what they meant.

  • @jakeblakely
    @jakeblakely 6 หลายเดือนก่อน +41

    The reason why girls in their 20's are able to move out of their parents house is because they move in with their boyfriend who's in his 30's. It's also difficult for young men to find white collar jobs since so many people who work in HR (women) are actively refusing to hire men.

    • @jux3283
      @jux3283 6 หลายเดือนก่อน +9

      yeah and theyre favored by diversity hiring from the get-go

    • @redtiger7268
      @redtiger7268 6 หลายเดือนก่อน +3

      My cousin is a rental agent. He said most young girls are living with a female roommate not a BF but the girls are not paying rent. He said in probably 50% or more of case daddy is a co-signer for one to the girls and is paying the rent.

    • @jakeblakely
      @jakeblakely 6 หลายเดือนก่อน +2

      @@redtiger7268 Regardless of who's footing the bill women have more options while everyone is saying young men need to do more

  • @jennythompson7513
    @jennythompson7513 6 หลายเดือนก่อน +8

    I couldn't afford to live if I weren't living with my sister and her husband. My sister and her husband couldn't afford their house without the rent they get from my husband and I living with them. It's taking 4, yes, 4 incomes to afford to live in the interior west right now. We don't even live in a big expensive coastal city. We are living in one of the lowest-cost-of-living cities within a couple hundred miles. Even with all four of us working, contributing, and pooling our resources, we're barely getting by! From what I'm seeing and experiencing, it's learned helplessness that's the cause of gen Z's apathy, not laziness or entitlement.
    Edit: My sister and her husband are younger millennials and my husband and I are elder gen Z

    • @AshleySpeaks4U
      @AshleySpeaks4U 5 หลายเดือนก่อน +2

      Thank you SO much for sharing! My son just got back from trade school. I own a 624 square foot one bedroom house-tight squeeze, but all he has to do is cover his food, clothing, toiletries, and transportation. I do not charge "rent" because the HVAC, water/sewer, taxes, insurance, and power are used whether he is here or NOT, right? But I cannot afford to feed him and such. It is SO hard to TRY to start! 😢 He is 21-he SHOULD be out there starting.

  • @JMyoutube1
    @JMyoutube1 6 หลายเดือนก่อน +59

    Some of biggest reasons young men are checking out is because of several factors.
    1. Cost of living has become so out of control they really can't afford to live.
    2. There are little to no available women who haven't been ran through by so many men that they have lost their ability to pair bond. Not to mention, a lot of young women today are on prescription drugs and really don't bring anything to the table that a man would want other than something to sleep with.
    3. If a young man does get into a long-term relationship with a woman and starts to have a family, he is involving the state, and at any time, the woman can say thats it, I'm out of here. Then the man is left dealing with the state and given limited access to his children.
    A lot of young men are just checking out as they do not really have any reasons to fet up and produce.
    We also have a large part of young men who are moving forward. They are just checking out of dating women.
    They are instead spending their time and energy into bettering their lives.
    I am seeing this more and more with young men I that i do business with.
    At first, i thought there were more young men choosing a gay lifestyle.
    But when I started asking questions, the l overwhelming response i received was, "I am just focusing on building my lifestyle. I don't have the time to deal with dating. There's nothing that dating a woman offers me that is worth spending my energy or resources on."
    Just my thoughts and experiences from talking with people.

    • @brianmatthews4149
      @brianmatthews4149 6 หลายเดือนก่อน +4

      Very interesting.

    • @soapa4279
      @soapa4279 6 หลายเดือนก่อน +7

      This was like a nature documentary 😂

    • @SuperReznative
      @SuperReznative 5 หลายเดือนก่อน +3

      been there do , e that its the whole system including educational

    • @demri123
      @demri123 5 หลายเดือนก่อน +2

      Go for a non-westerner

    • @fitnesspoint2006
      @fitnesspoint2006 5 หลายเดือนก่อน

      very very true...Cant blame them, all the women want 6-figure men with advanced degrees so the guy looks good on paper for mommy n daddy and her firends, they are all sleeping around with in-n-out 4 month relationships. Next booty call is a swipe away on Tinder or Match. Yes, so why bother, it will all end up in a divorce with a 50% hair cut.

  • @simeonapajarillo6499
    @simeonapajarillo6499 5 หลายเดือนก่อน +12

    Im an RN had a heart attack at age 50. Can't work so now on SSDI. Im so grateful.

  • @mangodiet801
    @mangodiet801 6 หลายเดือนก่อน +57

    I'm a Millennial, but I can't blame Gen Z and we're not listening to them. They can't afford to live, woke U.S. dating marketing is complete garbage, then why bother. The only winning move is not to play. Economy needs to crash

    • @angrydragon4574
      @angrydragon4574 6 หลายเดือนก่อน +6

      Stack up your own money and get out after saving for 10 years. (Put some to the side that nobody knows about and nobody but you knows where it is.)

    • @jux3283
      @jux3283 6 หลายเดือนก่อน +5

      It all needs to crash.

  • @jesg3760
    @jesg3760 6 หลายเดือนก่อน +9

    In other countries its not uncommon for the kids to stay home and take care of their parents until they pass and their kids do the same for them. In America its custom for the kids to leave after high school or college. With the current state of the housing market its just not possible.

    • @alinebrazilianflygirl2334
      @alinebrazilianflygirl2334 3 หลายเดือนก่อน

      It would be ok, if the kids were staying at home to take care of the parents , the biggest issue that i see today are kids that are at home and sucking the life of the parents without even thinking on helping, with house chores or financiallly. I can not stand parents that simply do everything, so the kiddos can keep their butt in the couch or bed , "overprotecting" their babies from the cruel world outside... just like he said as soon as these parents pass , even the house the they left basically for free will be lost , because these kids would not know how to survive....

  • @Sweaty_Potatoman
    @Sweaty_Potatoman 5 หลายเดือนก่อน +15

    Let’s be real. We don’t make enough to live on our own.

  • @davidwestwater2219
    @davidwestwater2219 6 หลายเดือนก่อน +46

    This guy makes his money as a youtuber and complains about people not working

    • @jamesvillegas877
      @jamesvillegas877 5 หลายเดือนก่อน +3

      😂

    • @Izaakwalton_
      @Izaakwalton_ 5 หลายเดือนก่อน +4

      Are you implying that being a TH-camr is not hard work! I would argue it's extremely hard work. I wouldn't be capable of doing this and if you think it's easy good for you Just go do it yourself no one is stopping you! You and I both know why you won't do it It's because you and I both know that you would be an utter failure.

    • @wb1738
      @wb1738 5 หลายเดือนก่อน +3

      The reason he's doing TH-cam he's making money. This man is always providing good content. Look at his subscribers if you want to know if he makes money.

    • @majsterV
      @majsterV 5 หลายเดือนก่อน

      @@Izaakwalton_ Very depending about what is your content and level of professionalism, money and time you put in.

    • @arenavisionTV
      @arenavisionTV 5 หลายเดือนก่อน +2

      He's not complaining. He's stating facts

  • @joebeta1837
    @joebeta1837 6 หลายเดือนก่อน +18

    We guys are told to chase excellence, not women. Michael says to have guts, meet women, start a family. We're smarter now. Divorce is common.

    • @micmdaaussie
      @micmdaaussie 6 หลายเดือนก่อน +1

      Divorce is the default setting. Makes you wonder if he's married but got insanely lucky about it. If so, there's still lots of time on the clock for a divorce to go down...

    • @NeonAnimeDreams
      @NeonAnimeDreams 6 หลายเดือนก่อน +1

      Divorce is 50%, you can either look at it as a glass half full or half empty kind of guy.
      But if you're contemplating marriage, which I think everyone should, just make sure you're with the right person to the best of your ability.
      The longer you date and get to know them; the more likely it'll last.

    • @azizam359
      @azizam359 6 หลายเดือนก่อน

      Divorce is common because society is broken. You bought into the debt-based system that doesn't want strong familial and societal ties. They want consumers. Then you all cheered to outsource this cancer to other parts of the world under the guise of "freedom" and "democracy." Well, now all those chickens have come home to roost. Enjoy!

  • @decaturdtp
    @decaturdtp 5 หลายเดือนก่อน +16

    Millennial here, I wouldn't come down on them too hard. I lived through the '08 crash and was forced to move back in because of the crash. Been there since and eventually became HOH. We also have to add in the caveat of mom and dad making their children their retirement plan because they didn't plan properly for it. The American Dream has been torched and had a plane driven into it. Honestly feel like this economy is trying to make everyone into "rent forevers"

  • @melgray4530
    @melgray4530 6 หลายเดือนก่อน +130

    My son is living at home. He is 30 years old. Rent is to damn high for CNA. Working all day and still can't afford shit. He went back to school for RN. He almost done with school. Thank god.

    • @MichaelBordenaro
      @MichaelBordenaro  6 หลายเดือนก่อน +32

      That’s different if he’s using Home as a steppingstone to be on his own, I don’t see any problem with that

    • @misdesixtysix8255
      @misdesixtysix8255 6 หลายเดือนก่อน +12

      Glad he woke up and realized he needed an advanced education and position. Nursing is a fabulous career choice. Many ways to make a very good living in an in demand career.

    • @LL-wu8zt
      @LL-wu8zt 6 หลายเดือนก่อน +5

      Congrats on soon becoming an RN!

    • @indigostaraz
      @indigostaraz 6 หลายเดือนก่อน +4

      Excellent career choice!

    • @petersheenan4482
      @petersheenan4482 6 หลายเดือนก่อน +3

      @@indigostaraz Nursing it tough. I couldn't handle it.

  • @JamesEnriquez-dt5xg
    @JamesEnriquez-dt5xg 5 หลายเดือนก่อน +7

    Reading some of these comments, I can see why some of these people are giving up. No hard working person today can’t afford to buy a home, and the government taxes everyone to death just to give that same tax money to foreign countries. It’s a shame.

  • @toddsmith293
    @toddsmith293 6 หลายเดือนก่อน +159

    Elder Gen X here. Much of this was caused by "helicopter" or even "bulldozer" parents. Yes, some of these were Gen X parents who should have known better. I see teenagers everyday who do NOTHING. They don't do much at school, no sports, no music, no job, no chick, just video games, and "adult entertainment." I hope I am wrong, but more than a few will most likely never change unless they totally run out of money.

    • @MichaelBordenaro
      @MichaelBordenaro  6 หลายเดือนก่อน +31

      It’s a pathetic lifestyle really

    • @LynxStarAuto
      @LynxStarAuto 6 หลายเดือนก่อน +23

      Definitely your generation and my generation (early millennial Gen Y) should have never had kids.
      We make ridiculous parents. Too busy raising besties instead of being parents.

    • @autobotdiva9268
      @autobotdiva9268 6 หลายเดือนก่อน

      i definitley wasnt a helicopter or bulldozer gen x parent.

    • @davidcobb464
      @davidcobb464 6 หลายเดือนก่อน +4

      I've never heard the phrase "bulldozer parents," but I like it. I will start using it.

    • @picklikeapro6952
      @picklikeapro6952 6 หลายเดือนก่อน +1

      @@LynxStarAutothat’s alot of the single parents though. It’s usually a good balance with 2 parents if the parents actually care enough about their kids to make it work. What’s in the middle of a bulldozer and a helicopter? Solid ground? lol

  • @Dave-PL
    @Dave-PL 6 หลายเดือนก่อน +15

    Somehow I understand that. When the young Z generation watching prices of houses they know they can't afford it, even if they work for 20-30 years 🤷‍♂

  • @jerrypowers7671
    @jerrypowers7671 6 หลายเดือนก่อน +60

    I am a boomer born in 1963. I was paralyzed in 1982 and finally retired last year. Working sucked but i wanted to have nice things and a nest egg.

    • @MichaelBordenaro
      @MichaelBordenaro  6 หลายเดือนก่อน +14

      Exactly it’s not like any of us want to be working all the time, but we all have to do it to have anything at the end of the road

    • @grandpapete417
      @grandpapete417 6 หลายเดือนก่อน +2

      No boomers in 1963

    • @chm9935
      @chm9935 6 หลายเดือนก่อน +1

      63 first waves of gen x---1961 to 81 per the Fourth Turning book

    • @jerrypowers7671
      @jerrypowers7671 6 หลายเดือนก่อน +1

      @@grandpapete417 ok then I'm just an old bastard? Does it really matter?

    • @jerrypowers7671
      @jerrypowers7671 6 หลายเดือนก่อน

      @@chm9935 i looked it up and your source is wrong. It's 46-64!

  • @jackoo99
    @jackoo99 6 หลายเดือนก่อน +64

    This country wants 2 classes ( Rich & Poor) this will come with a big price

    • @TwitX2007
      @TwitX2007 6 หลายเดือนก่อน +8

      Yeah and there are a lot of people who want to drag as many as they can down with them.

    • @gregoryabbot420
      @gregoryabbot420 6 หลายเดือนก่อน

      And once us boomers die off? That's exactly how it's gonna BE.

    • @aveaguila7679
      @aveaguila7679 6 หลายเดือนก่อน +9

      Venezuela destroyed their middle class ..today 80+ are beggars. This administration is very aware of the model that was impose in Venezuela, the richest country in South America.

    • @pp3k3jamail
      @pp3k3jamail 3 หลายเดือนก่อน

      ​@@aveaguila7679we don't care about Venezuela

  • @ericbailey9549
    @ericbailey9549 6 หลายเดือนก่อน +22

    You can't be motivated by something that doesn't exist.

  • @lauramcmillian6009
    @lauramcmillian6009 5 หลายเดือนก่อน +8

    I don't blame the kids! I could afford to live alone when I was 20. Now the same crappy $400 apartment is $1200. Not to mention other necessities.

  • @CommanderRiker0
    @CommanderRiker0 6 หลายเดือนก่อน +52

    Dude we are migrating 7 million people a year. Housing will never catch up

    • @SunofYork
      @SunofYork 6 หลายเดือนก่อน

      Not true.

    • @CommanderRiker0
      @CommanderRiker0 6 หลายเดือนก่อน +4

      @@SunofYork not true?

    • @carteranderson5907
      @carteranderson5907 5 หลายเดือนก่อน +4

      @@CommanderRiker0 Mans been living under a rock apparently...

    • @LetsGo_Brandon
      @LetsGo_Brandon 5 หลายเดือนก่อน

      @@carteranderson5907 Or probably just a J3w troll bot.

  • @peacemaker5251
    @peacemaker5251 6 หลายเดือนก่อน +42

    sorry hit a bit of a nerve I think 🤣 As a 36-year-old millennial with 2 children soon to become adults. I believe we should rethink how we support our children's transition into adulthood. Having left home myself at 17, working two jobs and stumbling several times, I understand the importance of parental support and guidance. Instead of pushing our children out the door at 18 and labeling them as lazy, let's nurture their independence while offering a safety net. Rather than burdening them with student loans, we can explore alternative means to support their education. Creating a supportive home environment involves having them contribute to household expenses like the mortgage, with the understanding that this investment will be returned when they move out. This approach fosters financial responsibility and mutual respect, avoiding the unfair practice of profiting off our children's contributions. Let's empower our kids to pursue their dreams by providing guidance, support, and the freedom to make mistakes. It's time to stop controlling them and start helping them thrive.

    • @garymiller4141
      @garymiller4141 6 หลายเดือนก่อน +3

      Vary well said,your wisdom is well placed

    • @alicruz4900
      @alicruz4900 6 หลายเดือนก่อน

      Amen!

  • @paulbier2182
    @paulbier2182 6 หลายเดือนก่อน +45

    Only in American culture do we shame people for staying in the family home..This individualistic culture is what is killing sustainability. In America, you can move out and pay exorbitant rent, or you can buy an overpriced house and pay 2300 a month. People cannot afford this, let alone starting a family.
    Im a 41 year old millennial and I rent a a studio apartment in Tampa Bay. I would never entertain buying a house. After the next year, I'm doing vanlife and staying single. Theres no incentives for men to be in relationships anymore, either. Not with all the options the modern woman has with social media and the endless supply of attention they get. Theres alternative ways to live. I fear this country will see a revolution soon. A violent one. Especially since we have all these fighting age men with no direction or purpose. Eventually frustration will be taken out and the politicians will be the target.

    • @lisapolanski9379
      @lisapolanski9379 6 หลายเดือนก่อน +2

      You're meeting the wrong people because you aren't going to the places where they go. Go to the Traditional Latin Mass and you'll be married within 18 months. It will take you a year to become a Catholic if you aren't already. The Traditional Latin Mass in any city is full of incredibly wonderful people and the majority are your age and younger. They get married!

    • @paulbier2182
      @paulbier2182 6 หลายเดือนก่อน +1

      @lisapolanski9379
      I was born and raised in a catholic church. Judging by your name, you're Polish just like me. But, back in my hone town, the average age at any mass was about 65 years old. I'm from Northern Indiana but I now live in Tampa Bay

    • @handleyobusiness
      @handleyobusiness 6 หลายเดือนก่อน +1

      @@paulbier2182 The French Revolution did exactly that, slaughtering the rich. And that still didn’t work.

    • @lisapolanski9379
      @lisapolanski9379 6 หลายเดือนก่อน

      Tampa has a few Traditional Latin Masses. I don't live there but the TLM is usually mostly people in there 20s 30s and 40s. You will be amazed​@@paulbier2182

    • @alicruz4900
      @alicruz4900 6 หลายเดือนก่อน

      @@lisapolanski9379ex Mormon here. Religion is just another system of control and not the answer. They want your money and your time

  • @pigpen74
    @pigpen74 6 หลายเดือนก่อน +24

    Also got to factor in hoeflation. A lot of these young women aren't worth trying to settle down with to start families.

    • @joebidet2050
      @joebidet2050 6 หลายเดือนก่อน +7

      Exactly
      I commented 80% of women are chasing 10% of men
      So they gave up

    • @vnegativa
      @vnegativa 6 หลายเดือนก่อน

      Most people should not have kids (and they probably won't either going forward). At least not with 8 billion people on this planet. Maybe it's the invisible hand at work.

    • @supernova11711
      @supernova11711 5 หลายเดือนก่อน +4

      Goes both ways. Real men are kind of a thing of the past as well.
      Call them whatever you want but you probably aren’t much better.

  • @DarwinLeacock-f8b
    @DarwinLeacock-f8b 6 หลายเดือนก่อน +10

    I'm in my late 60's and retired, and I hate to say this as I observe what is happening on around the world, but I don't see this world having much of a future anymore! Sad.!!

    • @LilyGazou
      @LilyGazou 6 หลายเดือนก่อน +3

      I still have hope.

    • @DarwinLeacock-f8b
      @DarwinLeacock-f8b 6 หลายเดือนก่อน

      @@LilyGazou Of course, we cannot live in this world without hope! Be blessed!!!

  • @pablo81778
    @pablo81778 6 หลายเดือนก่อน +74

    Most people don't want to work, no matter what generation. But, we have to work.

    • @jbone9900
      @jbone9900 6 หลายเดือนก่อน +16

      I don't want to work in my 70s and still have no house.

    • @biff3917
      @biff3917 6 หลายเดือนก่อน +11

      There is a breaking point to that. Make it to hard to simply exist (we are dangerously close) and suddenly people start decided they can be poor without making the 1% richer.... Then the entire house of cards comes down. Most of these old folks do not realize how much danger they are in.... The young people have nothing to live for.....

    • @igorstjutins8575
      @igorstjutins8575 6 หลายเดือนก่อน +5

      People want to work for something but not empty wrappers just to feed with crappy GMO food themselves.

    • @expotemkin
      @expotemkin 6 หลายเดือนก่อน +4

      I live in my own crappy apartment with my cats, no roommates. I dont see the point of working 3 or 4 jobs and never having time to myself. Right now, I have whats called a "job attached layoff" where I've been off since 3/29 and go back to a different team on 4/22. I love sleeping in and playing video games with all this free time. Dreading going back when the time comes. I dont blame these kids not wanting to work. I only work cause I have to or else I wouldn't.

    • @luckyrockmore2796
      @luckyrockmore2796 6 หลายเดือนก่อน

      Thinning the herd, trimming the fat

  • @stevenwistort9903
    @stevenwistort9903 6 หลายเดือนก่อน +8

    I'm right at the end of the boomer generation, and am living cheap as heck. But, also planning on getting the heck out of this country. I'd rather live with poor people with traditional values and good work ethic. As far as I'm concerned, this country is doomed on many fronts.

  • @ivangotyokes
    @ivangotyokes 5 หลายเดือนก่อน +19

    "If the parents would just kick them out"....tbh you sound like a guy without kids...

  • @ky9616
    @ky9616 6 หลายเดือนก่อน +44

    Gen Z person here. The average studio rent is $3000 nationally while most jobs pay around $16. Ill stay at home and work and save money i dont see why i have to engange in a system thats looking to extract the most value from me instead of working to offer the best value for me.

    • @devanishant
      @devanishant 6 หลายเดือนก่อน +4

      You've got it ass-backwards. Work harder. Give value. Learn to love work, and discover that you're working for yourself. I always worked for myself, even when I was "employed." Be exemplary. Smart, successful people will see and want you on their team. They will bid for your services. You will be a tiny minority...the great mass all wanting to live at the expense of others.

    • @TheNotimprezed
      @TheNotimprezed 6 หลายเดือนก่อน +6

      You can move to upstate NY. Nobody wants to live here but you can buy a house for under $200k.

    • @lindacerulli797
      @lindacerulli797 6 หลายเดือนก่อน +3

      Stay at home and save as long as you can they just want more homeless people to control and on drugs

    • @Mr.Se320
      @Mr.Se320 6 หลายเดือนก่อน +2

      I’m sure you can get a place for less than 3,000, but it can’t be in a big city with a night lifestyle.
      Get some roommates, that’s what I used to do 15yrs ago. 3 roommates in a 2 bedroom apartment. Eventually you will be able to move by yourself.

    • @ky9616
      @ky9616 6 หลายเดือนก่อน +2

      To everyone commenting, my point isn't to complain. My point is that I have a great deal when it comes to my family. I help out when I can and they provide me with housing and literally nothing else but the housing has so much value it's no wonder why so many adult males are living at home. I don't think anyone can explain to me why I should pay thousands and thousands of dollars for rent when I can save that money towards a house which I am. Like how would renting bring me closer to my goals of owning a house I'm genuinely asking, how does that improve my life when what I'm doing clearly improves my life and my parents' lives because they absolutely appreciate the help as I also appreciate the help.

  • @gliver2549
    @gliver2549 6 หลายเดือนก่อน +10

    i spent time playing video games after working 48 hrs a week . I own my house and have no other debt, only buy car when you can buy it outright, no loans!

  • @ftrudeau
    @ftrudeau 6 หลายเดือนก่อน +23

    Why work to keep 15% after tax?
    Dollar worth $0.03
    Corruption is at all time highs.
    Inflation is 30% annually on its way to go hyper.
    IT'S ABOUT TO GET ALOT WORSE!

    • @soapa4279
      @soapa4279 6 หลายเดือนก่อน

      Lol made up stats doesn’t make you sound any smarter

  • @freefoodsss
    @freefoodsss 6 หลายเดือนก่อน +14

    Just because you live at home doesn’t mean you don’t work. You can just contribute to your household and save and inherit your family home. 🤔

  • @fraudsarentfriends4717
    @fraudsarentfriends4717 6 หลายเดือนก่อน +158

    The American dollar is nothing more than a food stamp. That's all the paycheck from a full time job will buy you.

    • @chrisweidner4768
      @chrisweidner4768 6 หลายเดือนก่อน +26

      Yours is an outstanding observation of where we are. “You will own nothing and be happy.” Say the maggots behind all this who will be doing backflips off their yachts. Shame on governments.

    • @ibrahimturay491
      @ibrahimturay491 6 หลายเดือนก่อน +3

      😮😮😮mannn soon on point.

    • @Viperness
      @Viperness 6 หลายเดือนก่อน

      It depends on the career.

    • @devanishant
      @devanishant 6 หลายเดือนก่อน +3

      You should be in gold and bitcoin. I used to work for minimum wage. I always found a way to save and invest. At 19, I opened a Swiss bank account and bought silver. Generational wealth has to begin someplace. Were you too busy drinking, partying and getting laid?

    • @SpiKSpaN-ei6zq
      @SpiKSpaN-ei6zq 6 หลายเดือนก่อน +2

      Comment of the week right here

  • @cwynn1547
    @cwynn1547 6 หลายเดือนก่อน +8

    My son works hard and I love having him at home. ❤

  • @mitchburke5759
    @mitchburke5759 6 หลายเดือนก่อน +17

    I am a millennial who did not come from any family money or support whatsoever. I left when I was 19 and joined the military, went to a state school for nursing and had multiple job offers immediately when I graduated.
    I chose nursing because I saw there was a critical need and simple research showed the ROI from this degree. Now I earn well over 6 figures in medical sales, have no debt, and am about to buy a 2nd home in FL.
    Anyone can do it, it just takes intentionality and responsibility.

    • @mstyles2667
      @mstyles2667 6 หลายเดือนก่อน +1

      This is so true. Going to college needs a plan, you need a degree that is useful in the real world. You should be proud of yourself, keep it up.

    • @bibby3027
      @bibby3027 6 หลายเดือนก่อน

      even with inflation this is a path i think still exists today. making rent payments as an entry nurse will be tough in florida especially miami but it could still work

  • @lamecommenter
    @lamecommenter 6 หลายเดือนก่อน +5

    A childless millennial lecturing zoomed about not starting families. Wow dude. Can you smell the irony?

  • @1FXC
    @1FXC 6 หลายเดือนก่อน +46

    I think part of the reason why young men aren't engaging is because of the abuse they have had to deal with over the last 10+ yrs. I mean how long can you tell someone/anyone they're no good, useless etc and NOT have people not engage.

    • @djtwister6997
      @djtwister6997 6 หลายเดือนก่อน +12

      I’m never getting marry, my last three girlfriends were toxic and always putting me down. Now single, I’m living my best life!!

    • @SpiKSpaN-ei6zq
      @SpiKSpaN-ei6zq 6 หลายเดือนก่อน +5

      No marriage no kids no home. Why bother with a job that gets you nowhere

    • @michaelz69z
      @michaelz69z 6 หลายเดือนก่อน +3

      The abuse is real and very sad. Creates a hostile barrier for new onboarders. Extremely dangerous and toxic

    • @pp3k3jamail
      @pp3k3jamail 3 หลายเดือนก่อน

      ​@@djtwister6997 That's good young man. Don't concern yourself with women they're a waste of time.
      As a young man like yourself I'm going to tell you this. You should only think about your health and happiness.
      Try to be as financially secure as you can. Modern day women aren't important.
      I've been like this my whole life. The only thing i need women is sex that's the only thing I use them for.
      Other than that they're not important to you and they will drain your money. I've seen and heard this happened to so many guys.

  • @CyborgHGWF
    @CyborgHGWF 6 หลายเดือนก่อน +31

    I’m 48 and I’m not buying houses either. I’d rather buy land, put a trailer on it and d build the house yourself. Honestly it is a drive through price. It is easy to to just build it yourself.

    • @jbone9900
      @jbone9900 6 หลายเดือนก่อน +3

      Bulid a house yourself?

    • @afridgetoofar1818
      @afridgetoofar1818 6 หลายเดือนก่อน +7

      Most new homes today are slapped together with a minimum of quality effort.

    • @matthewsmith2362
      @matthewsmith2362 6 หลายเดือนก่อน +3

      Basic framing is not that complicated. You obviously have you tube, all you need is some simple tools and your on your way.
      My old man would say, boy look at who’s framing houses….they look any smarter or more capable than you ? I look and it’s a bunch of big belly hangin over the shirt havin ass red ass necks. Just looking like the B team that day. I think of that about every trade now. Like look at the dude building cabinets I promise he ain’t no genius. You just got make some dust and get to work

    • @Gerald-i6w
      @Gerald-i6w 6 หลายเดือนก่อน +2

      That’s what I’m doing I just bought.24 acres lot next to the best lake in the country

    • @mstyles2667
      @mstyles2667 6 หลายเดือนก่อน +1

      This is my plan actually.

  • @fredk9999
    @fredk9999 6 หลายเดือนก่อน +37

    I have two friends with male children in this situation not willing to work or move out of the house

    • @donnabrueggeman9974
      @donnabrueggeman9974 6 หลายเดือนก่อน +2

      Same here.

    • @MichaelBordenaro
      @MichaelBordenaro  6 หลายเดือนก่อน +6

      So horrible

    • @francismarion6400
      @francismarion6400 6 หลายเดือนก่อน +8

      He should have used a belt.

    • @LilyGazou
      @LilyGazou 6 หลายเดือนก่อน +5

      I know a woman who sold her house because she couldn’t get her son to leave. She moved into a studio.

    • @AJUSA1
      @AJUSA1 6 หลายเดือนก่อน +6

      Good for those kids. They got scammed and they're done with it. Peacefully shutting it down. Working to go further into debt is not smart. I'd bet any amount of money they worked at one point and then stopped... People know how to read charts, but don't seem to understand how to interpolate the data. Clearly those kids are acting in their own best interest.

  • @lesskinner8588
    @lesskinner8588 6 หลายเดือนก่อน +4

    China is in a very bad situation with educated youth coming into a depressed China market, very few jobs, and many youth have been like this for quite a while.
    They call it 'laying flat'.

  • @scottpollan6364
    @scottpollan6364 6 หลายเดือนก่อน +92

    The incentive model is broken. Either pay goes up or costa go down, or both.

    • @devanishant
      @devanishant 6 หลายเดือนก่อน

      The world is your oyster. There are no rules. What wouldst thou have? Pay for it and take it.

    • @gt5713
      @gt5713 6 หลายเดือนก่อน

      Criminals are in charge of this society. When people who steal administer things, decline is the only guarantee as they fill their own pockets at your expense. You've got to forge your own path outside of the criminal currency system.

    • @TheDrapetomanic
      @TheDrapetomanic 5 หลายเดือนก่อน +1

      @@devanishant What are you expecting from young people when rent and housing is skyrocketing, wages are not, and they have to compete against older more experienced and credentialed people who are staying in the work force longer?

    • @devanishant
      @devanishant 5 หลายเดือนก่อน

      @@TheDrapetomanic I wish I was 18 again, broke, and at the beginning of my journey. Some people are born to win. Life is a gift.

  • @lunallena5594
    @lunallena5594 6 หลายเดือนก่อน +16

    While everyone else I know was faking rich in Miami. I lived at home before and after my divorce, payed off my student loan debts, saved, and bought my own house this year. It can be done, but I drive an older car that works well, and I don't live in Miami anymore. My parents are also glad because we shared resources too.

    • @jasonroberts6080
      @jasonroberts6080 6 หลายเดือนก่อน +2

      Right, too many living beyond their means, sometimes you have to sacrifice luxuries to afford the important things.

  • @Osriv2007
    @Osriv2007 6 หลายเดือนก่อน +27

    I am a Gen Z and I go to school full time and I do work part time

    • @MichaelBordenaro
      @MichaelBordenaro  6 หลายเดือนก่อน +3

      Good for you glad to hear that

    • @racheldebner1955
      @racheldebner1955 10 วันที่ผ่านมา

      Yeah, same! I have been doing that for years. I graduate with my associates in applied science this year and still struggling. I have worked three jobs and done every combination of being in school and studying. I don't have any debt, but I still can't move out of my parent's house. I'm exhausted.

  • @indigohelps7715
    @indigohelps7715 6 หลายเดือนก่อน +6

    Not to be rude.. but don't your wife also help you with bills to survive in this world? The only difference between you and them/us is that we have a different enabler. We all need help some how from someone.

  • @mcburrows6234
    @mcburrows6234 6 หลายเดือนก่อน +15

    I work 70 hrs a week (2 jobs), still live at home. Im the breadwinner of my family. Its gotten to the point that my parents household will fall apart without my supplemental income. My elderly mother would be homeless. Im not moving out. The fed needs to stop being chicken shit and raise interest, inflation is still rampant.

    • @Bentleyyoyo
      @Bentleyyoyo 6 หลายเดือนก่อน +6

      Buddy I don't think this video's referring to you even a little. Sounds to me like your a pillar of your household and doing right by your family. Keep up the good fight

    • @kosh9639
      @kosh9639 6 หลายเดือนก่อน

      ​​@@Bentleyyoyo I agree...
      but, Modern Women don't care about that.. He's still a Loser.

    • @simeonapajarillo6499
      @simeonapajarillo6499 5 หลายเดือนก่อน

      Bless your heart. You are a great person and you will be rewarded great life

  • @mitch1161
    @mitch1161 5 หลายเดือนก่อน +3

    Michael, I truly enjoy hearing you spitting out facts without sugarcoating anything. Keep it up!

  • @indigostaraz
    @indigostaraz 6 หลายเดือนก่อน +7

    If your living at home, working, learning a trade or getting a degree so you can ultimately be self supporting then thats well and good. If your hanging out, playing video games and vaping all day then thats not so good.

  • @zackg5046
    @zackg5046 6 หลายเดือนก่อน +5

    I can sympathize with Gen Z. I’ve worked my ass of since I was out of my moms house at 17 and have accumulated a nice house and two newer vehicles and continue to work my ass off at 33. But I know all it takes is one bad car accident or sickness and I could lose everything. It feels pointless to bust your ass at a job for decades (now you have to work even longer hours or work multiple jobs to hopefully one day be able to afford a down payment on a house) and one sickness or accident can wipe out your retirement, savings and assets in one swoop. It’s fucking crazy.

  • @mr.horse1801
    @mr.horse1801 6 หลายเดือนก่อน +6

    Im 41 and moved back in with my mom. I own the house but still, its a single wide trailer in Florida. I dont have energy or time to date but im content. No mortgage and no financial burden is worth it. I dont blame gen z for living w parents. I have a really good job and dont want to afford another house at these prices. Theres no way these kids could ever afford it.

    • @SpiKSpaN-ei6zq
      @SpiKSpaN-ei6zq 6 หลายเดือนก่อน +1

      That's what I'm saying. Look at any starting positions pay, it's ridiculously low compared to the cost of living. It wasn't even that bad in 07 when I was 18.
      Sad 😞

    • @AshleySpeaks4U
      @AshleySpeaks4U 5 หลายเดือนก่อน +1

      It burns me inside as a Gen X. We don't GET to retire-Social Security trust was blown by the government and it will deplete in less than a decade, before Gen X gets to the new retirement age of 70. My Zoomer son gets no retirement either. This is what Right Wing has wanted for a good 30 years-so THEY are happy. 😢

    • @carteranderson5907
      @carteranderson5907 5 หลายเดือนก่อน +1

      @@AshleySpeaks4U I'm confused, the libertarians like Ron Paul have been warning everyone about this for years, and the left and right have both ignored the issue. How is this suddenly the rights fault?

  • @joyinjesus12
    @joyinjesus12 6 หลายเดือนก่อน +5

    Some families make a deliberate decision to live multi family style and share expenses - nothing to do with laziness but conscious decision to give the grandchildren full benefit of having parents and gparents there. Takes some sacrifice at times, easier some days more challenging others but thats just life. As gparents its a huge blessing to see our gkids every single day, spend time with them, being an added resource for them, etc. wouldnt have it any other way.

    • @alinebrazilianflygirl2334
      @alinebrazilianflygirl2334 3 หลายเดือนก่อน +1

      That is a way to go, and he certainly not talking about kids that share expenses, and help if the life is not easy for young people imagine for the older people... I would not accept to have in my house soneone that is not helping at all... especially if it is younger than me.

  • @Marva123
    @Marva123 6 หลายเดือนก่อน +8

    I've actually been to Clarksdale, MS and Johnstown PA, the reason home prices are coming down is the criminal element is going up. You wouldn't want to live around there with a certain type of people.

  • @fredk9999
    @fredk9999 6 หลายเดือนก่อน +35

    Thank you to our host for this outdoor walk-around tour and presentation. Always learn a lot. Couldn’t get out of my parents’ house fast enough at age 18

    • @MichaelBordenaro
      @MichaelBordenaro  6 หลายเดือนก่อน +4

      I was just like you. It took me until I was 20 but those extra couple of years helped a lot to make sure I didn’t have to come back.

    • @chrisweidner4768
      @chrisweidner4768 6 หลายเดือนก่อน +3

      Same here. Went far away to university. In retrospect, realizing we were duped into this foolish lifestyle. Many countries have everyone in a family live together. Multiple generations. House expanded and paid for by cash. Cars, cash, etc. etc. Zero debt. When kids want to move out, they pay cash for a home. Kids are raised by extended family. So much more love and attention etc..

  • @chrisweidner4768
    @chrisweidner4768 6 หลายเดือนก่อน +62

    Worked 50+ years. Many menial, mindless and exhausting both mentally and physically. What I am fearing is that far too many young people feel that it’s all hopeless and never gain the discipline to work hard, because they feel it’s all useless. This is what having evil at the helm, globally, has done. “Speak out against the madness.” Be kind. Always/ out lies and evil. Always.

    • @TwitX2007
      @TwitX2007 6 หลายเดือนก่อน +2

      Discipline is a dirty word

    • @odessajackson4551
      @odessajackson4551 6 หลายเดือนก่อน

      Because the system is rigged for and by the 1%..

    • @scottperry7311
      @scottperry7311 6 หลายเดือนก่อน +4

      Yeap, it took decades of hard work and scrimping and saving to get finally get ahead. If you don't start working young, you will not be able to develop a career, and job skills to be able to take care of yourself later in life. The people that "gave up" are just going to be leaches on those that did the right things to survive in life.

    • @SpiKSpaN-ei6zq
      @SpiKSpaN-ei6zq 6 หลายเดือนก่อน +4

      ​@@scottperry7311not going to happen either way. May as well live with the folks if you can.

    • @matthewsmith2362
      @matthewsmith2362 6 หลายเดือนก่อน +3

      You’re talking about the social contract. Seems people feel the contract has been broken or written in disappearing ink 🖋️!

  • @Don-Vergara2023
    @Don-Vergara2023 6 หลายเดือนก่อน +73

    I’m not going to kick out 😊my daughter,she’s studying and working,she puts $600 for her room .

    • @MichaelBordenaro
      @MichaelBordenaro  6 หลายเดือนก่อน +25

      At least she’s contributing. These people I’m referring to here or not.

    • @brando7266
      @brando7266 6 หลายเดือนก่อน +14

      U should charge her less, help her save some money

    • @expotemkin
      @expotemkin 6 หลายเดือนก่อน +5

      ​@@brando7266Yea, thats crazy. I pay 550 and Im in my own place with no roommates.

    • @nicolcacola
      @nicolcacola 6 หลายเดือนก่อน +3

      I hope you are secretly saving for her. My kids get to stay but they have to save half their pay.

    • @bibby3027
      @bibby3027 6 หลายเดือนก่อน

      @jf2176 stay poor forever. could be saving and investing that money but instead it’s going to mom and dads new car to teach our kids “a lesson”

  • @Donkiko-bz1lv
    @Donkiko-bz1lv 6 หลายเดือนก่อน +18

    My teenage kid started to act that way so I sent him to the marines. He’s a cop now with a wife and 3 kids.

    • @boosted.boyo.
      @boosted.boyo. 6 หลายเดือนก่อน +1

      For now

    • @FloppityFlopFlop777
      @FloppityFlopFlop777 5 หลายเดือนก่อน

      THAT, sir, is the way to deal with these unnatural attitudes in boys. 💯 We need more parents like you.

  • @fredhenry426
    @fredhenry426 6 หลายเดือนก่อน +14

    Get your credit file frozen. Best way to protect yourself & credit. It's free. Contact the 3 credit agencies. You have to contact all 3. Once your files are frozen NO ONE GETS IN. Period.

    • @emzywillrich7243
      @emzywillrich7243 6 หลายเดือนก่อน +2

      They can be hacked too! Ask Experian!!!