30 years ago, there was a movie called Reality Bites. One of the characters was THRILLED to be making $400 a week because she and her roommate were never going to have rent problems again. They still expect us to be thrilled and not have rent problems with that same $400 a week.
I am 100% lucky as I was able to get into my house right before the market went insane. My house went from 265k to over 400k in the span of the 6 years I've lived in it. I doubt I'd be able to afford it. I got in when rates were closer to 4% and refinanced to 2.75% for a 15 year mortgage. We need to kick hedge funds out of the single family housing market.
Yeah me too, except I am in Canada, and near Toronto, so I got the suburbs boost and the COVID boost. Bought in 2015 for 285K, house since 2022 is worth between 1.1 and 1.4 million. Yep got insanely lucky. Could not afford my house today even as a software engineer.
My father was an unskilled paint store clerk before I started school. I just saw the California house we owned at the time listed for over TWO MILLION!
My dad (boomer) says times aren’t all that bad. While he’s looking to buy his 3rd brand new truck in 10 years. Asked him if he wanted to help fix a belt on my mower. He didn’t want to get dirty. So he bought me a $3,000 mower. When my old mower worked fine. Just needed a new belt. He lives in a house that costed him $230k 20 years ago. It’s nearly a million dollar house now. I tell him how much of a raw deal I’m getting compared to him.
Let’s come back down to reality. People that have money or doing well for themselves would say that. Great for your dad, that he is doing well and not struggling. However, for the MAJORITY of the country … it is that bad.
@agentp6621 The grandfathering part is very important. Cause it sounds like your daddy will have nothing to leave you. Everyone needs to learn how to pass wealth to their children. It has always been the way. People are so poor now that they don't understand wealth at all, especially the boomers. I'm gen x and I'm trying like crazy to make this happen for my family cause we were never taught this stuff.
@lolaottinger3038 Are you implying that it's better to start at zero than with caring parents? What I am teaching is wealth management. It's a skill no school is going to teach you. Everyone can work hard and build character, it's important, but wealth management is king.
I'm just going to post this for reference. 2021-2040? Generation Alpha/Post millennials. 2000-2020 New Silent Generation/Generation Z 1980-2000 Millennials/Generation Y 1965-1979 Thirteeners/Generation X 1946-1964 Baby Boomers 1925-1945 The Silent Generation 1900-1924 The G.I. Generation
$500k US ... ah the good life. Where I am it's pushing, with exchange, 1.5 -2.0 million.😢 At $30 per hour, gross, that will only take a few centuries. 😮
I am dealing with ALL of these issues as we speak!!! $300K in student loan debt, no decent employment, no benefits, no salary, no kids, no significant other (had one but he died), renting housing,.....totally tragic.
And did you even spend that 300k on an education that qualifies you for more then serving coffee in a drive thru ? But hey, don't worry. Those of us that did do stupid sht can pay for your bad choices.
@paulvanier429 when you're a naive 18 year old and you have no clue what the real world is like and you're only advice is coming from your school counselor and your boomer parents who have been out of the work force for 30 years and have no clue what it's like out there you're going to get shit advice. Thank goodness I dropped out of college after a year and left home and got to experience the real world. Otherwise I'd be 100k in debt with a useless degree like so many others.
Boomer here. I went to work right after high school, saving every penny I could and never making a withdrawal from my savings account until I bought my first home. I lived with my parents until I was almost 20 when I got my first apartment. My first job was a lowly file clerk making $2.50 an hour BUT the company had a tuition reimbursement program so I went to BU at night and got my degree in Management Studies/Business Administration. Worked my way up to Sr. Financial Analyst and bought my first house at age 25. The interest rate at that time was 10.5% in 1979. My second house was purchased in 1982 with an interest rate of 14.875%. When I got married and had kids I used to have to take one of those red clickers with the white buttons to the grocery store with me to keep track of the total cost and usually had to make tough decisions and put some items back before I went through the checkout. Every generation has its cross to bear.
My father went to work at the phone company right out of high school. With his pay, he bought a house in his 20s, raised 4 kids, put an in-ground pool into the yard, took us to the beach every summer, and retired comfortably before age 65. I'm 61, have two master's degrees (earned before college costs got outrageous), have never come close to having the money to buy a house, haven't been able to afford a vacation for nearly 6 years, live frugally, and may be able to retire when I'm 70. Every time I see one of those "financial experts" on TV in their Armani suits telling me that I'm irresponsible because I "just don't save enough" and "try buying less Starbucks", I want to scream and tell them off in detail.
@@bretmiller21 I'm a fucking mechanical engineer and I can't find a home which I can afford. Perhaps if I get a partner who makes around the same amount as I do, we'd have a chance, but dating is also a massive pita.
I'm GenX and don't understand how people don't get that things have changed so much. It seems like the socioeconomic system used to go in a cycle and generally trended upwards but that cycle is dead and the trend is now only downwards. Its only through tragic circumstances coinciding with the propery collapse that i managed to become a mortgage holder and have some hope of leaving something, anything for my kids. There will be no investment portfolio, no savings no life insurance pay out but a roof that they own is more than i had dared hope for
it actually started april 20, 1933 when congress ended the gold standard for the us dollar. that allowed them to just print money whenever for whatever reason since the dollar no longer has any material value.
I’d say Gen Z. The way she sounded confused about 34 year olds needing to be in bed early and having low energy - def made it seem like she was way younger and didn’t understand
Younger Gen Xer here, in the same boat. Live in California and there's no way in hell I can ever buy a house. And no, I'm not willing to move to Texas or Ohio or Georgia.
My Dad and Grandfather built the home I grew up in. Middle class hood in the late 60's. Wonderful time. One week vacation every summer to a small podunk resort on a lake. Couple hour drive. Drove once to Disney and back took 3 days each way to get there. Did decent in High School same as my one brother. Went to college, Army paid for a lot of it. Paid it back with 20+ years in the Reserves. Life is good.
And yet, still the boomers tell me I can't afford any of this crao because I'm LAZY. No, I can't afford it because I'm not a genius entrepreneur and/or born into a rich family. I didn't invent a method for cold fusion so I gotta slum it with the rest of the wage slaves...
Boomers only had to pay 1.5% social security tax. They are pulling way more out than they put in. My dad was pissed when I told him that. He didn’t know that the rate went up to 6.2% in 1990 right when I started working. Most of his work time was in a government job and he only had to work 30 years to get a pension of 80% of his salary. He also has 100% medical coverage for very cheap.
In 1980 the Social Security net began to shrivel, unions lost New Deal protections, many government regulations were eliminated... it's almost like a political thing... /s (sarcasm grew strong with Gen X, born 1964-1980.)
We were supposed to "eat the rich" over 10 yrs ago but instead of banding together, we let them split us and right under our noses they eroded whatever little progress had been made. I had my knife and fork, but by myself i looked like a psycho, or worse, a naive idealist.
Yeah. Her channel was blowing up and Content Creators are recreating the cartoon in so many different ways. Very sad. It's amazing content. Sucks that people are stealing it .
Exactly - there ae dozens of "animators" who just copy everything, and touch up the video a bit (one guy just put wigs on the characters). LOL - and one commenter lamented about *corporate* greed!
I have belonged to unions all of my working life, great pay, great benefits, great training for the job skill you choose. College is good I suppose, but I was a journey man by 24 and got paid to learn. Go Union.
I know a very smart millenials, who went to trade school, got a well paying jobs, without any student loan, he was making more than 80k after 2 years and bought a small old condo, and sold it and bought a small house; I know another millenial who got a master in social science and communication; got more than 100k in debt; not able to find any job in his field and is very active on social media; WHO IS THE SMARTER?
a Voucher is the physical paper and Evidence of a type of Bond or Contract.. something that has a certain value, and can be used/'turned in' in the future.. ..in this fictional cenario it represent an mental image of how the future would be..
The absolute pain I'm doing what you were told and even exceeding it. Then taking 4 to 7 year courses just to even be denied the job because of all the other competition. Ect BS Besides my own millennial story being trash fire. I know I'm not alone. Literally don't need to look for I can just look at my siblings my brother for one. He wanted to be a carpenter and did everything he needed. Basically did free labor for 4 to 7 years while learning it. But anytime he did to try and get a job doing it it was only for a very short temporary thing and you always have to go find another job. He only stays afloat by constantly juggling debt. Always have to replace the piece of crap lemon car that he can barely afford because of it and pain egregious rent. Forced to live with people who don't want to pay the fair share. To try and afford it. And this is just a generic story millennials with tricked into doing. Thanks boomers. Millennials are now have the responsibility of trying to make things slightly better for the next generations. We can at least say they have a slightly better but still trash like us.
Renting has always been more expensive then Buying, because the mortgage is tax deductable. However, Biden increased the standard deduction, so, it's even now, everyone pays more.
Actually it was Trump who basically took away the mortgage deduction or any deductions except for the very wealthy by increasing the standard deduction.
Lifetime welfare departments aren't buying up multiple houses as individual owners, to rent several of them out. Hedge funds and firms are doing that. Once we make it illegal, and we will do that as soon as you lose the right to vote by expiration (I presume, old folk?), then it'll get better. Had to recover from the 1930s the same way too... well, someone better than you had to, but still, they got through it, you're living it up on their glory, and we'll fix it again soon.
There is something she can do: VOTE FOR RESPONSIBLE REPUBLICAN REPRESENTATIVES AND SENATORS!!!!! If the economy is sooooo important to you, stop voting Democrat!
Late boomer more gen X here. My first house was 13K. Mother in law died and no one wanted the house. It needed about 40K in upgrades which I did. My generation knew how to do things. Sold it for 150K and bought a bigger house. Flipped it and made enough money to buy a smaller house that was paid for. I could afford a large garage and restored old cars. It can be done if you're willing to learn and do the work.
average cost of a house is $450,000. Not a fancy house, just a house house. Average cost of a college degree is $40,000. average annual income is $60,000. Now, average income in 1964 "late boomer era" was $6,600 or about half of the cost of your first house. so you would make the value of your home in 2 years. Millenials will make the value of their home in 8 years. And that is coupled with the requirement to go to college in order to achieve the $60,000 dollar income. (You also would not get the loan on this house because you don't make enough to qualify. With my $59,000 income I am approved for about $200,000 on a home and I have good credit). Without college the best you will do is a California McDonald's worker that makes $20 an hour, or roughly $40,000 making the minimum college loan a requirement. So take your "It can be done if you're willing to learn and do the work" quote and reevaluate your position. Oh, and before you spout about your generation knowing how to do things, I can build a house, plow a field and work an anvil (and brew beer because its fun). But I also spend a good portion of my day teaching boomers how to use computers and cell phones and excel spreadsheets because as my generation knows how to do things.
@@ryanmanley3364 First thing, you are living in the worst state for buying houses. Here in NW Florida you can still find houses that need a little work for reasonable prices. Hurricane Michael made that a lot easier. I do feel sorry for young people in your position. Don't tie yourself to a terrible state.
@DocZoidberg549 so first, i want to apologize. This is a very hot-button issue for me. I have 2 masters degrees and a rather crappy income to go with it as well as $140,000 in student loan debt. I teach for a living. So leaving my state means i have to restart my teacher retirement package over and just lose what i have accumulated. With my job, ive dont cost vs income in every state and only Washington state is better on average unless you want to live and work in NY city (no thanks. Not a big city guy but definatly not a NYC guy) i just get very tired of being told i need to learn more and work harder when thats not how to do it anymore.
women who get married at 19 can still have a home, family, and not have to worry about money or student loans. What you need to do is find an older, established man and learn to be a good wife..
Back in 1995, we purchased 3.5 acres of land for $14,900. We used a newer pick up truck and a bay line boat for collateral. Got that paid off quickly then used the land as collateral for building our house. We took a building loan of $110,000. The house and land is now assessed for $425,000. We are paid off, no equity loans anymore. BUT, and that’s a big but, we are in the repair or replace mode. We take care of something every year or so, starting with the roof, the furnace/air conditioner, appliances at least once. Dual income, no kids until later. That’s how to do it. Oh and go to a tech school, learn a trade. You find a job in your trade at the snap of a finger. The job is High pay, and no student loan! Then the company/hospital you work for will pay 80% or more of your continued education should you desire to go back to school. Another option to consider is to work 3rd shift. There is always a 3rd shift premium to make.
No more free stuff, you have to leave the house. Get a job and then get another one and eat ramen noodles like the rest. No house for you, no car for you. You will walk and save the planet.
Try Obama's "stimulus" programs. The guy ran up more debt than all previous Presidents combined and it's Millennials and Gen Z who are feeling the pain now.
@@ayushmishra927 The short term effects of Obama's "Stimulus Spending" The guy ran up more debt than all previous Presidents combined. The reforms he pushed through to "fix the banking system" are the reason Millennials got screwed.
Don't forget decades of liberal Democrats who refuse to change them or do anything about it. The American political system inaction. [intentionally spelled inaction and not in action]
The millennial dream is a job that pays more $20/hr so you can afford a dog 😅
and you be getting by… not having extra
😢😢😢 our capitalist society is just feudalism 2.0
@@YTladytalkingagainsurvive not thrive 😢
Min job should pay 25.00 per hrs
@@nonenone4015 someday... 😓 Next generation maybe
The sound of it being torn up LMAO
...Whn reality hits u in the face lol...
What is voucher
It was MAGNIFIED!!!
01:44 “This is your old voucher, it’s (RIIIIIIPPPP!) it’s just no longer valid, so there’s just no point in even… keeping it around, you know?”
I never felt such a strong urge to slap a fictional character than right here lol
30 years ago, there was a movie called Reality Bites. One of the characters was THRILLED to be making $400 a week because she and her roommate were never going to have rent problems again. They still expect us to be thrilled and not have rent problems with that same $400 a week.
My friend and I lament on this busted voucher. Bamboozled, hoodwinked, and led astray is an understatement 😒
I am 100% lucky as I was able to get into my house right before the market went insane. My house went from 265k to over 400k in the span of the 6 years I've lived in it. I doubt I'd be able to afford it. I got in when rates were closer to 4% and refinanced to 2.75% for a 15 year mortgage. We need to kick hedge funds out of the single family housing market.
Same here; ‘97/90k!
What is voucher?
That just means your property tax went up with the assessed house value so it's equivalent to paying rent now.
I'm just renting a small one bedroom apartment
Yeah me too, except I am in Canada, and near Toronto, so I got the suburbs boost and the COVID boost. Bought in 2015 for 285K, house since 2022 is worth between 1.1 and 1.4 million. Yep got insanely lucky. Could not afford my house today even as a software engineer.
My father was an unskilled paint store clerk before I started school. I just saw the California house we owned at the time listed for over TWO MILLION!
My dad (boomer) says times aren’t all that bad. While he’s looking to buy his 3rd brand new truck in 10 years. Asked him if he wanted to help fix a belt on my mower. He didn’t want to get dirty. So he bought me a $3,000 mower. When my old mower worked fine. Just needed a new belt. He lives in a house that costed him $230k 20 years ago. It’s nearly a million dollar house now. I tell him how much of a raw deal I’m getting compared to him.
Let’s come back down to reality. People that have money or doing well for themselves would say that. Great for your dad, that he is doing well and not struggling. However, for the MAJORITY of the country … it is that bad.
That’s my point. He was grandfathered into the prosperity we were all expecting.
@agentp6621 The grandfathering part is very important. Cause it sounds like your daddy will have nothing to leave you.
Everyone needs to learn how to pass wealth to their children. It has always been the way. People are so poor now that they don't understand wealth at all, especially the boomers. I'm gen x and I'm trying like crazy to make this happen for my family cause we were never taught this stuff.
@@sirmagnus99how about teaching your children to amass their own wealth?
@lolaottinger3038 Are you implying that it's better to start at zero than with caring parents? What I am teaching is wealth management. It's a skill no school is going to teach you. Everyone can work hard and build character, it's important, but wealth management is king.
Well the gen X voucher also sucked.
We were all told to stay in school and graduate and we would get a good job.
What a load of crap that was
OMG...this is soooooooooo true!! The price of everything is RIDICULOUS!!!
#Bidenomics at work...
POOR MILLENNIALS...they have no clue what's coming!
millenials are 40 years old now
@@fpupesh the older ones, you mean.
@@fpupeshNot everyone, me still got to get to that age
I'm just going to post this for reference.
2021-2040? Generation Alpha/Post millennials.
2000-2020 New Silent Generation/Generation Z
1980-2000 Millennials/Generation Y
1965-1979 Thirteeners/Generation X
1946-1964 Baby Boomers
1925-1945 The Silent Generation
1900-1924 The G.I. Generation
@@WhoThisMonkey NOTHING about Gen Z is silent
People think this is a millenial issue - I'm Gen X - I'll never own property or retire - welcome to corporate greed. It's hell.
Yup.
Work harder, get more education, make more $$$...failure is NOBODIES fault but your own...
@@wipatriot510🤣🤣🤣 incredible that some people still believe that 🤡
You can blame trillions of dollars in debt created to fund all the government give-aways.
Its more government policy and spending than corporate greed at this point.
$500k US ... ah the good life.
Where I am it's pushing, with exchange, 1.5 -2.0 million.😢
At $30 per hour, gross, that will only take a few centuries. 😮
I am dealing with ALL of these issues as we speak!!! $300K in student loan debt, no decent employment, no benefits, no salary, no kids, no significant other (had one but he died), renting housing,.....totally tragic.
$300K in student debt = it is totaly on you, nobody forced you.
And did you even spend that 300k on an education that qualifies you for more then serving coffee in a drive thru ? But hey, don't worry. Those of us that did do stupid sht can pay for your bad choices.
@paulvanier429 when you're a naive 18 year old and you have no clue what the real world is like and you're only advice is coming from your school counselor and your boomer parents who have been out of the work force for 30 years and have no clue what it's like out there you're going to get shit advice. Thank goodness I dropped out of college after a year and left home and got to experience the real world. Otherwise I'd be 100k in debt with a useless degree like so many others.
Boomer here. I went to work right after high school, saving every penny I could and never making a withdrawal from my savings account until I bought my first home. I lived with my parents until I was almost 20 when I got my first apartment. My first job was a lowly file clerk making $2.50 an hour BUT the company had a tuition reimbursement program so I went to BU at night and got my degree in Management Studies/Business Administration. Worked my way up to Sr. Financial Analyst and bought my first house at age 25. The interest rate at that time was 10.5% in 1979. My second house was purchased in 1982 with an interest rate of 14.875%. When I got married and had kids I used to have to take one of those red clickers with the white buttons to the grocery store with me to keep track of the total cost and usually had to make tough decisions and put some items back before I went through the checkout. Every generation has its cross to bear.
My father went to work at the phone company right out of high school. With his pay, he bought a house in his 20s, raised 4 kids, put an in-ground pool into the yard, took us to the beach every summer, and retired comfortably before age 65.
I'm 61, have two master's degrees (earned before college costs got outrageous), have never come close to having the money to buy a house, haven't been able to afford a vacation for nearly 6 years, live frugally, and may be able to retire when I'm 70.
Every time I see one of those "financial experts" on TV in their Armani suits telling me that I'm irresponsible because I "just don't save enough" and "try buying less Starbucks", I want to scream and tell them off in detail.
You should have gotten a degree that can help you make money. Underwater Basket Weaving will not make you any money...
@@bretmiller21
I'm a fucking mechanical engineer and I can't find a home which I can afford.
Perhaps if I get a partner who makes around the same amount as I do, we'd have a chance, but dating is also a massive pita.
I'm GenX and don't understand how people don't get that things have changed so much. It seems like the socioeconomic system used to go in a cycle and generally trended upwards but that cycle is dead and the trend is now only downwards. Its only through tragic circumstances coinciding with the propery collapse that i managed to become a mortgage holder and have some hope of leaving something, anything for my kids. There will be no investment portfolio, no savings no life insurance pay out but a roof that they own is more than i had dared hope for
1980. It started with Reagan.
it actually started april 20, 1933 when congress ended the gold standard for the us dollar. that allowed them to just print money whenever for whatever reason since the dollar no longer has any material value.
The most unrealistic part of this is the millennial asking for a manager.
Veronica always has receipts ready to produce at the right time 😂☝🏾
the rep is 100% gen x
Nah. Rep is Boomer. Gen X is way more chill
I’d say Gen Z. The way she sounded confused about 34 year olds needing to be in bed early and having low energy - def made it seem like she was way younger and didn’t understand
How is it possible for you guys to memorize stuff like this?!?! It’s equivalent to being an expert at calling people names.
Nope, I’m Gen X, have never been able to own property. It’s a boomer.
“I don’t know anything I just work here”
The fact that she's bring bad news in such a gentle tone like it's not something to panic and scream about is wow😅
02:11 I love the way you emphasize “SHOCK”! It’s like you’re harshly sounding out every letter of a 1-syllable word :)
here I am making $25/hour and barely affording my mobile home...
Younger Gen Xer here, in the same boat.
Live in California and there's no way in hell I can ever buy a house.
And no, I'm not willing to move to Texas or Ohio or Georgia.
As a Texan: yes please stay there. We have enough people moving here. It’s not cheap no mo.
Even here in SD the average house is 350k-450k so it's getting much worse.
Do not move to Texas unless you're already a millionaire as it's projected to be the most hostile state to making a decent life in the next few years.
Lol trust me Ohio isn’t much better, especially in the bigger cities
My Dad and Grandfather built the home I grew up in. Middle class hood in the late 60's. Wonderful time. One week vacation every summer to a small podunk resort on a lake. Couple hour drive. Drove once to Disney and back took 3 days each way to get there. Did decent in High School same as my one brother. Went to college, Army paid for a lot of it. Paid it back with 20+ years in the Reserves. Life is good.
And yet, still the boomers tell me I can't afford any of this crao because I'm LAZY.
No, I can't afford it because I'm not a genius entrepreneur and/or born into a rich family. I didn't invent a method for cold fusion so I gotta slum it with the rest of the wage slaves...
Boomers only had to pay 1.5% social security tax. They are pulling way more out than they put in. My dad was pissed when I told him that. He didn’t know that the rate went up to 6.2% in 1990 right when I started working. Most of his work time was in a government job and he only had to work 30 years to get a pension of 80% of his salary. He also has 100% medical coverage for very cheap.
😂 the needing to be home before 8 after we turn 34. Lol im about to be 36. I never go anywhere at night anymore.
Good stuff - Thanks for your excellent work. Cheers.
soooo true & tragic!!! I can attest & testify!
In 1980 the Social Security net began to shrivel, unions lost New Deal protections, many government regulations were eliminated... it's almost like a political thing... /s (sarcasm grew strong with Gen X, born 1964-1980.)
72 Million in 2022.
1:40 made me lose it 😂
Crushed all her dreams...😢❤
We were supposed to "eat the rich" over 10 yrs ago but instead of banding together, we let them split us and right under our noses they eroded whatever little progress had been made.
I had my knife and fork, but by myself i looked like a psycho, or worse, a naive idealist.
Kein4463 is stealing all your content. Unless that's like an alternate channel.
They are both "stealing" content from the original Tiktoker who goes by Customer Service Academy on TH-cam.
Was trying to figure this out for the longest time. Thanks. There are I about 7 other channels stealing these videos
@@Pallidum thank you
Yeah. Her channel was blowing up and Content Creators are recreating the cartoon in so many different ways. Very sad.
It's amazing content. Sucks that people are stealing it .
Exactly - there ae dozens of "animators" who just copy everything, and touch up the video a bit (one guy just put wigs on the characters).
LOL - and one commenter lamented about *corporate* greed!
I have belonged to unions all of my working life, great pay, great benefits, great training for the job skill you choose. College is good I
suppose, but I was a journey man by 24 and got paid to learn. Go Union.
LOL!
Gen X at least late years isn't any better 😜
Mid years same.
What animation app/software is this?
Why is there a dog panting in the background ? 😂
What the hell is this voucher thing. I want the original voucher she had.
😂😂😂
Very funny video, but these aren't tears of laughter.
😂😂😂 8:30 IS my cut off
It's not just you guys across the pond, here in the UK we can't afford anything really. Screwed by the idiots.
Sad Reality
What is a voucher
😂😂😂😂😂😂😂
Never heard of "the voucher". do parents give it to their kids? If so, how is it redeemable at work?
You forgot about the part where you go to college and get a useless degree, so there's no way you can get a decent job to pay off your student loans.
Millennials are in their 40's...😮
Yeah, and we've been fucked most of our working lives.
Umm.. I'm 33, lol.. I also think some Millennials are still 27.
Yup! Very first of the Gen Zillennials here…I’m more millennial and 27. The high end of millennials is 43
Old ass millennial here 👋🏾. I turn 43 this year....but operated financially as a GenX-er.
What the heck would this voucher be for? Not being snarky. I honestly don't know. Please clue me in. Thanks in advance. 🙂
Voucher????
Millennial voucher?! Wtf is that?
It’s a joke to show how life is now.
Don't know if he's the reason you need the pills or he's the reason youve stayed sane so far...
This one jut come across spiteful... i like bad managers getting put in their place. this? no tso much
WTH is a voucher?
"voucher"...???
I know a very smart millenials, who went to trade school, got a well paying jobs, without any student loan, he was making more than 80k after 2 years and bought a small old condo, and sold it and bought a small house; I know another millenial who got a master in social science and communication; got more than 100k in debt; not able to find any job in his field and is very active on social media; WHO IS THE SMARTER?
What is a "voucher"?
Exactly
a Voucher is the physical paper and Evidence of a type of Bond or Contract.. something that has a certain value, and can be used/'turned in' in the future..
..in this fictional cenario it represent an mental image of how the future would be..
@@Patrik6920I’ve never heard it used that way, to represent how your life will turn out.
@@mynameisben123it was symbolic.
@@mynameisben123 .. unusuall, but hilarious... and maby sad lol...
Thanks to Democrats
The absolute pain I'm doing what you were told and even exceeding it.
Then taking 4 to 7 year courses just to even be denied the job because of all the other competition. Ect BS
Besides my own millennial story being trash fire.
I know I'm not alone.
Literally don't need to look for I can just look at my siblings my brother for one.
He wanted to be a carpenter and did everything he needed.
Basically did free labor for 4 to 7 years while learning it.
But anytime he did to try and get a job doing it it was only for a very short temporary thing and you always have to go find another job.
He only stays afloat by constantly juggling debt. Always have to replace the piece of crap lemon car that he can barely afford because of it and pain egregious rent.
Forced to live with people who don't want to pay the fair share. To try and afford it.
And this is just a generic story millennials with tricked into doing. Thanks boomers.
Millennials are now have the responsibility of trying to make things slightly better for the next generations.
We can at least say they have a slightly better but still trash like us.
What is a voucher? I got no voucher. This is useless.
Average houses were not $100k in 2014.
Dear. I graduated in 2008. The dream was sold to me as early as 1995. Houses were 130k. Don't start.
@@gene8447we bought our house in 1998, on 5 acres. 3/2/2, fireplace, pool, barn…gas stove, central AC. We paid $79k for that house in Alvin, Tx.
around me they were still 15% below at $75K-85K
Renting has always been more expensive then Buying, because the mortgage is tax deductable. However, Biden increased the standard deduction, so, it's even now, everyone pays more.
Actually it was Trump who basically took away the mortgage deduction or any deductions except for the very wealthy by increasing the standard deduction.
what the hell is this about?
I’m not a millennial but I gave birth to one 😂 What the heck is a voucher?
Well you can't invite tens of millions into the country as lifetime welfare dependents without some consequences. FJB.
Lifetime welfare departments aren't buying up multiple houses as individual owners, to rent several of them out. Hedge funds and firms are doing that. Once we make it illegal, and we will do that as soon as you lose the right to vote by expiration (I presume, old folk?), then it'll get better.
Had to recover from the 1930s the same way too... well, someone better than you had to, but still, they got through it, you're living it up on their glory, and we'll fix it again soon.
There is something she can do: VOTE FOR RESPONSIBLE REPUBLICAN REPRESENTATIVES AND SENATORS!!!!! If the economy is sooooo important to you, stop voting Democrat!
didn't this all happen under Republicans accumulatively since Reagan? Of course it did. You've got your superiority wires crossed.
The marriage part is on her.
Late boomer more gen X here. My first house was 13K. Mother in law died and no one wanted the house. It needed about 40K in upgrades which I did. My generation knew how to do things. Sold it for 150K and bought a bigger house. Flipped it and made enough money to buy a smaller house that was paid for. I could afford a large garage and restored old cars. It can be done if you're willing to learn and do the work.
average cost of a house is $450,000. Not a fancy house, just a house house. Average cost of a college degree is $40,000. average annual income is $60,000. Now, average income in 1964 "late boomer era" was $6,600 or about half of the cost of your first house. so you would make the value of your home in 2 years. Millenials will make the value of their home in 8 years. And that is coupled with the requirement to go to college in order to achieve the $60,000 dollar income. (You also would not get the loan on this house because you don't make enough to qualify. With my $59,000 income I am approved for about $200,000 on a home and I have good credit). Without college the best you will do is a California McDonald's worker that makes $20 an hour, or roughly $40,000 making the minimum college loan a requirement. So take your "It can be done if you're willing to learn and do the work" quote and reevaluate your position. Oh, and before you spout about your generation knowing how to do things, I can build a house, plow a field and work an anvil (and brew beer because its fun). But I also spend a good portion of my day teaching boomers how to use computers and cell phones and excel spreadsheets because as my generation knows how to do things.
@@ryanmanley3364 First thing, you are living in the worst state for buying houses. Here in NW Florida you can still find houses that need a little work for reasonable prices. Hurricane Michael made that a lot easier. I do feel sorry for young people in your position. Don't tie yourself to a terrible state.
@DocZoidberg549 so first, i want to apologize. This is a very hot-button issue for me. I have 2 masters degrees and a rather crappy income to go with it as well as $140,000 in student loan debt. I teach for a living. So leaving my state means i have to restart my teacher retirement package over and just lose what i have accumulated. With my job, ive dont cost vs income in every state and only Washington state is better on average unless you want to live and work in NY city (no thanks. Not a big city guy but definatly not a NYC guy) i just get very tired of being told i need to learn more and work harder when thats not how to do it anymore.
@@ryanmanley3364 No need to apologize my friend.
women who get married at 19 can still have a home, family, and not have to worry about money or student loans. What you need to do is find an older, established man and learn to be a good wife..
Back in 1995, we purchased 3.5 acres of land for $14,900. We used a newer pick up truck and a bay line boat for collateral. Got that paid off quickly then used the land as collateral for building our house. We took a building loan of $110,000. The house and land is now assessed for $425,000. We are paid off, no equity loans anymore. BUT, and that’s a big but, we are in the repair or replace mode. We take care of something every year or so, starting with the roof, the furnace/air conditioner, appliances at least once.
Dual income, no kids until later. That’s how to do it. Oh and go to a tech school, learn a trade. You find a job in your trade at the snap of a finger. The job is High pay, and no student loan! Then the company/hospital you work for will pay 80% or more of your continued education should you desire to go back to school.
Another option to consider is to work 3rd shift. There is always a 3rd shift premium to make.
No more free stuff, you have to leave the house. Get a job and then get another one and eat ramen noodles like the rest. No house for you, no car for you. You will walk and save the planet.
The old millennial woman be REEEEing
Yup, the long term result of conservative banking laws.
Try Obama's "stimulus" programs.
The guy ran up more debt than all previous Presidents combined and it's Millennials and Gen Z who are feeling the pain now.
What is voucher?
@@ayushmishra927 The short term effects of Obama's "Stimulus Spending"
The guy ran up more debt than all previous Presidents combined.
The reforms he pushed through to "fix the banking system" are the reason Millennials got screwed.
Don't forget decades of liberal Democrats who refuse to change them or do anything about it.
The American political system inaction.
[intentionally spelled inaction and not in action]
The whole country got screwed by Obummer.