Baby boomers comprised a larger share of voters in 2024, accounting for 32%, but they are trending lower after hitting a peak of 36% in 2016.
Ocasio-Cortez, a millennial herself, expects the younger generation will soon tip the scales in American politics.
“Millennials are not punk kids anymore. We’re grown adults with mortgages and kids,” she said. “And we—that generation is starting to be decisive at the polls. And there is anger at being ignored, sidelined, having our economic futures mortgaged by the generations that came before us on everything from the economy to climate. And we’re taking the reins.”
From global warming to debt crisis to lack of affordable health insurance (all intentional), Boomers have definitely overstayed their welcome.
Just like the death of the Republican party, we’ve been hearing this too for a decade now.
Millennials will be the next biggest voting block! Gen Y is pissed and going to change everything in the voting landscape!
So far, not a god damn thing. I mean, we’re not seeing record turn out outside of one single election and in the last election we even saw that millennials increased their voting share to Republicans.
They may be mad but they’re the exact same morons as the rest of America.
The momentum was never there because we were all busy following the boomer path of trying to go to college to make aoemthing of ourselves and ended up in college debt for life and then got shat on, by the very people who raised us to take that path in good faith hoping it would work out the same for us as it did them but it fucking didn’t.
It’s 50/50 here ya know. Like we all had the chance to not do what they said to do or go against the paths we were raised to follow and do our own thing. They also failed to see the absolute state of the changing world and only focused on what benefits them.
The Student Loan Crisis is quickly becoming an increasongly unsustainable drag on the economy, and will eventually become a true National Security Threat. When everyone is enslaved to their student loans for decades, there will be many opportunities for nefarious types to leverage those desperate loan holders, in an infinite number of ways.
Student Loan Reform is becoming an issue nearly as important as Health Care.
One thing to remember is that, even now, we live in a gerontocracy. The wave of younger candidates winning in primaries is a sign of things to come, but more than the voting population shifting to younger people, we’re still waiting for the candidates and politicians themselves to be younger on average. Still so many very old people in the US senate/house.
And a kakistocracy to boot!
Plutotheokleptokakistocracy, to be fully accurate.
So far, not a god damn thing.
It’s starting just now, like this year. Millenials had the numbers for at least 8 years, but not the turnout. Well, Cheeto man finally made them mad enough to get out there and vote and we’re seeing quite a few upsets even within the Dem establishment party itself.
Better late than never.
Boomers control the Democratic primaries which is the only opportunity for real change. COVID upset that stranglehold which is why the Democratic party was happy to let Biden prevent a primary in 2024.
False. Ken Martin is 52.
The neolibs lost control of the party in 2024.
EDIT: I don’t care about your opinion, I just want people to see through your ridiculous statement.
Lol “Nu-uh they lost control in the last major election” isn’t the point you think it is.
They never were, that’s a stereotype that let boomers silence an entire generation.
Every single generation in the past 100 years has said the same thing. “My generation will fix it when we’re in charge”.
The God Damn boomers were the hippies from the 60s. What the fuck happened to peace and love?
My generation (Gen X), my goodness, we could see through all the bullshit. We’re the original centrists.
Every single one of my children’s Gen Z friends are all so woke they never sleep.
Turns out every generation is full of selfish shortsighted dumbasses just like the one before it. Just like “The Greatest Generation”. Just like the boomers. Just like Gen X.
Faith in humanity…fading
The people who were hippies in the 60s are mostly still hippies today. Well, the ones who subscribed to the peace and love philosophy at least. Despite the media attention the hippies were never large enough to be a politically influential group in that generation. Most of the boomers grew up bullying the hippies.
Both my boomer parents were hippies. My Mom literally lived in a commune for some time in her early 20s. She voted for the T-Dog in 2016 because she wanted to see real change.
I used to chuckle when I was a kid the way my Dad would look at me and roll his eyes when my grandparents would talk about politics and religion. My Dad loves his MAGA hats now. And wonders why his grandchildren don’t want to be around him.
My sample size of 2 says otherwise!
Counter anecdote: my parents are still far left. My mom was a local union rep, still attends protests, and is volunteering today.
My wife and I are old, and we’ve moved more and more left as life has go on, so now we’re strongly Progressive, and our son is so far left, he thinks we’re fairly conservative. He knows we’d never vote MAGA, though.
My folks were hippies and my dad joined the service with long hair and retired 20 years later with less hair, fewer drugs and still farther to the left of his gay son (and I’m pretty much ‘capitalism bad’ at this point).
I’m a little jealous to be honest. I can barely talk to my dad anymore. He swallowed the propaganda hook, line, and sinker. Everything he says is word for word from cable news or facebook.
I got lucky. My Dad was a hard-core Republican, and we battled often during the Bush administration, but he drew a solid line at Trump.
We grew up in NY state, and we KNEW who Trump really was from the very beginning, decades ago, long before The Apprentice re-branding, and my Dad refused to support him in even the most casual way. He even quit the neighborhood Republican Club that he’d been in for YEARS, because they all joined the MAGA Cult. He was always a very logical guy, with a Mathematics degree, so he had excellent Critical Thinking Skills, and he wasn’t going to abandon them for the likes of Donald Trump. He could barely stand GW Bush, he really despised Trump.
My mom also despised Trump from the get-go, but when the Pussy Grabber tape came out, she lost her mind. For years, whenever anyone brought up his name, she’d go on a rant, starting with “I don’t understand how ANY woman could vote for that man…” I’ve told her I write about this, and she’s proud of it. He is fully irredeemable in her eyes. Unforgivable.
In my Dad’s last election, in 2018, he voted a straight Democratic Ticket, for the first and only time in his life. He was still a Republican, but never a MAGA.
I got lucky.
What you describe goes way back further than 100 years.
The hippies never disappeared, they were marginalized, ostracized, and excised by a fascist system. The War on Drugs was one of many tools the oppressive government used. Some hippies did in fact become yuppies but I don’t blame them, the system was simply stronger than their ideals.
GenX aren’t what I would call centrists. That implies they try to balance or can see the value in both sides of the political spectrum. They are not leftists by any means as multiple fascist purges of the left in US history has ensured they don’t exist in any appreciable numbers. I could agree they are centrists between the right and the far right.
GenZ are not woke, they are malleable. They don’t have strong ideals, values, or a Zeitgeist if you will. I think you confuse woke with just not caring and accepting reality as it is. This is not really conviction though, it is sinply resignation.
You are absolutely correct every generation is selfish. Also, the generation before will always complain about the later generation. This theme has existed throughout all recorded human history.
Most the people I meet are generally good and will make positive decisions given the time, resources, and opportunity. This is regardless of generation.
The problem clearly lies with a minority of wealthy individuals who have disproportionate level of power and representation. This is also nothing new. This same issue existed when the country was founded.
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Yes agreed, please don’t let Americans ruin the “human” name.
Nah its just that nice progressive people are also not ruthless murderous cunts, and thus bad at sezing power which then just ends up in the new generation of ruthless murderous cunts. Most people are pretty great which is sadly not a good trait for enacting change.
The God Damn boomers were the hippies from the 60s. What the fuck happened to peace and love?
LOL, Hippies were maybe 2% of American society in the 60’s and a lot of those Hippies didn’t fucking make it to adulthood between the drugs, wars & hard living.
Gen X got skipped in politics. The boomers refused to cede power, and it’s like the Xers largely aged out of entering the political space.
Gen X chose to be the “I’m not really into politics” generation. As if electing our leaders was a spectator sport we could just not participate in. And then we all claimed to be too cool for political parties when we started noticing the world was really going to shit. Which is how we got centrists.
I know because that was me.
I’m GenX and have voted since I could. By the time I was in my early 30s I liked by politics like my music - independent. I don’t usually vote by party but by candidate history and ideals.
I’m way the fuck left though. I support left parties like the NDP, but I’m not registered with them. I recently voted for the Liberal dude over NDP because I thought the NDP running was a serious twit.
I don’t think I’d ever voted conservative.
"My generation will fix it when we’re in charge”.
Except my generation hasn’t had a chance yet to prove that they will. My generation is fucked.
I hope I’m wrong but it seems like the ratio of selfish stupid people is constant across generations.
Just like the correlation between disease and war being basically timed out perfectly.
It seems most people like ignorance when it’s convenient to confirming their worldview.
And there is anger at being ignored
Hey now, being ignored is the Gen X identity, millennials don’t get to steal that!
But seriously, although the whole “generation names” stuff is BS, people are influenced by what things are like when they were growing up. People who had access to the Internet when they were kids are naturally going to see the world differently than those who didn’t.
It has also been a consistent fact that older voters vote more. So, as “Millennials” get older, they’ll probably vote more, like every group does.
The real question is whether those votes will matter. I’m not going to claim that there’s no difference between democrats and republicans. But, in the past the democrats and republicans that won their primaries were both heavily constrained in what they were allowed to do after taking office by powerful special interest groups. So, a democrat might be more likely to vote for something like more federal funding for the arts, and a republican might be more likely to vote for something like more tax cuts (without lowering spending of course), neither one would likely vote for an increase in the minimum wage because the people who fund their campaigns don’t want that to be considered.
This time, it could actually be different. There’s enough anger out there that people who aren’t owned by the wealthy are surviving the primary process. Some “traditional” democrats are either finding their courage, or are getting scared of what might happen to them if they don’t stand for the things their constituents care about.
Because everything benefits them so they gotta vote. Nothing benefits Gen X to the current generation, so voting seems useless.
Cracks me up – the people who scream the loudest about overgeneralization (ie: Ageism) are the ones practicing it the most. The Nazis did it with the Jews, and now AOC wants to do it with an entire generation. The modern liberal movement was actually started by Boomers. Hippies? Boomers. Sanders? Boomer. Funny how people can label an entire generation over the acts of a few.
Of all the takes you could have, that sure is one!
Back in the 70s the American worker captured 25% of global wealth. Right now, we capture about 7%. It’s not because a single generation is “withholding” the wealth. It’s because the large corporations (the ones backing AOC) have gotten too powerful. So long as she keeps pointing her finger at a single generation instead of the corporations that are actually responsible, she keeps her masters happy and gets more campaign dollars.
I hope so.
some still are. they were never made to grow up
In my opinion that is not a problem specific to only millenials.
its definitely not. our nation is composed of many many different minds and bodies. no single description covers everyone. and there is no shame in not joining a fight you dont believe in, nor is there for being a “cheerleader” . everyone plays a part in change even if you think youre keeping your hands to yourself
I don’t care what someone who voted to fund Israel has to say about anything.
Nope, still whiny little bitches now with mortgages and kids. They shouldn’t be ignored but still whiny little bitches…
And yes the boomers fucked us all.
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didnt she vote in favour to contune sending weapons to israel twice?
i dont care about anything she says anymore
Citation 1: https://m.youtube.com/watch?v=mLt77ROcNAI&t=333s&pp=ygUbYmFkZW1wYW5hZGEgYmxvY2sgdGhlIGJvbWJz0gcJCckLAYcqIYzv
Purity Testing Is Mandatory
Citation 2: https://m.youtube.com/watch?v=jTIb_Cqqhzo&pp=ygUXYmFkZW1wYW5hZGEgYmUgcnV0aGxlc3M%3D
Did She? And if she did what was her reason for voting for it?
Has she changed her mind since those votes?
These generalizations type accusations with the purity test statements are tiring.
Did She? And if she did what was her reason for voting for it?
Has she changed her mind since those votes?
Citation 1: https://m.youtube.com/watch?v=mLt77ROcNAI&t=333s&pp=ygUbYmFkZW1wYW5hZGEgYmxvY2sgdGhlIGJvbWJz0gcJCckLAYcqIYzv
These generalizations type accusations with the purity test statements are tiring.
Citation 2: https://m.youtube.com/watch?v=jTIb_Cqqhzo&pp=ygUXYmFkZW1wYW5hZGEgYmUgcnV0aGxlc3M%3D
Regardless of who you vote for, put some effort into thinking about your choices. If you vote for a DSA candidate be aware that their platform includes open borders and public control of large corporations. Read about what happened in the past when those ideas were implemented. I think we’re already pretty aware of what happens when the opposite end of the spectrum is manifest.
Who’s angry? Is she suggesting that every single millennial is “upset” and “pissed” at the current state of things in the US? This is silly…
this article should read “Millennials are wastes of life who wallow in self pity because they’d rather fuck off on election days and then turn around and cry about it”. We’re literally the largest generation to walk the face of the USA and we can’t even show up to the polls to out vote boomers.
This day and age with a growing positive sentiment toward authoritarianism, anti intellectualism, and fascism, I think some punk would be good. A lot of punk, even.
Yea I feel this lol. I’ve never put dye in my hair but fuck am I considering it lol. Fuck the system and YES I am 32 who CARES we’re all BURNING
Is that the message being communicated by the colored hair I’ve been seeing lately? If so, that’s awesome. It flew right over my head.
Doesn’t seem that way. They just seem to like that hair color without punk tenets.
I just did, same age as you. I’d never changed my hair color, but the clean look and tradwife fashion and whatever need some stronger counterculture (I was already dressed in black all the time).
It’s surprisingly easy! You need to be careful with the materials, but other than that, it is doable at home. My hair is dark pink-orangey now. I’m loving it.
Currently trads are the counter culture.
“Counter Culture” people have been the norm since the late 70s. But people LOVE thinking of themselves as the underdog.
I’ve heard that and, more importantly, I believe that’s the feeling behind many young people now leaning conservative.
I guess it depends on how we define “counterculture”. Is it only to be defiant of something currently in existence? Does this defiance need to be against a majority (and how big may be another question)? Or, as the other user implied, counterculture means to go against not the trends but against the ideas and norms of people and institutions not only in power but also with powers?
I’ll try to explain myself. If it is going “against”, I guess it all can become counterculture depending on the angle. Tradwives are countercultural from a goth perspective (I guess that’s mine); goth is countercultural from the tradwife’s perspective. But that’s not very useful and I’m sure it would be if no use to have this word meaning simply this.
So… Maybe it means to go against something bigger. But what is big? The number of people? The power? (E.g. Elon Musk is only one guy, but he has a lot of influence and therefore power). The acceptable moralities? The traditions? The norms, laws, rules?
And notice how different groups may occupy different aspects I mentioned. Leftists are a majority in some places (Lemmy, California, maybe Berlin). But even in those places, power is with the billionaires and other elite groups (which are often not leftists). The acceptable morality in those places is centrist, leftist (gay rights and things like that). Traditions, though, can be very mixed with rainbow parades and churches existing together. Well, the equivalent here on Lemmy. Norms, laws, rules are also mixed, but as the user said, they lean right in places like work, banks, parks, schools, etc.
So… if I go against the billionaires, their far-right legions, am I going against power and against laws and norms and may I get in trouble? Yes. In other words, I’m going against a culture.
Are conservatives going against a culture when they rebel against some governments and their progressive laws, against an accepted morality, etc.? I guess so.
But we are back at the relative perspective, just with extra steps, with words like “power” and “influence” involved. “Countercultural”, if it’s not relative, then implies that there is ONE dominant culture. But if, as we saw with California and maybe Berlin and such places, there is always a mixed bag, what is that mysterious dominant culture?
An answer we could give is that the dominant culture is that which would get into power, into everything, if other groups didn’t resist against it. Ideologically, this mental experiment leaves us the same. All the ideas are clashing and, without a clash, they would expand. They’re ideas! But materially, this changes. If we consider how we get to see billboards with messages, books printed in a book store, work laws, etc. Money is key. We don’t live only in a world of ideas (I wish), we live in the real world with money, transactions, etc. If we’d let the world just run… Well, money is held by people that don’t want to let go of that money. Money then would be expended in the ideas that favor that state of things (status quo). Money would pay for governments that taxed the rich a little bit less; money would pay for a little bit of segregation if possible, because poor people tend to be undesirable in some contexts; money would pay for the rights and preferences of the people with that money, it’s natural. And the thing is that, without resistance, well, poor people’s opinions and preferences would be overshadowed. I guess sometimes it is like this. At least in my country, we had periods like this.
So, to me, it seems that the dominant culture is the one that would default to dominance by the material conditions. Ideologically, I guess we’ll always feel in many different ways, we’ll be diverse. But which books are published and how many hours the workers work is a matter of who has the power to ultimately decide. In this system we are living in, the rich and powerful have this ultimate decision. Intellectuals and workers and other groups need to resist and fight and debate their ways in this system. From climate change to four days of work instead of five (which ironically it doesn’t even reduces money for the rich, but they were afraid it did), it all has to be fought. I see here the counterculture; I see there the dominant culture.
Edit: By extension, things that favor the rich-elite I see as dominant culture; things that serve the masses and the dissident groups, I see as counterculture, even if at some periods of time or places they’re winning or they’re a lot (like California or Berlin again, haha).
The end of my opinion. Sorry you had to read this much. I know I may not change your mind, don’t worry, but I think it is important to keep our sense of integration; I mean, that we do not reject our fellow human beings right away because of these differences. You’re here talking to me and it’s only fair that I share with you my current views and feelings.
The TL;DR is you see what you see as counter culter, I see what I see as counter culture.
Again - we love to think of ourselves as exceptions/not like others. It feels nice and it is nice when others notice our uniqueness.
Yes, we agree to disagree. Except I don’t think all the people are motivated by ego, or maybe we all are motivated by ego but at different degrees. I am weird and that has been hard (bullying and stuff). So I like some uniqueness and rebelliousness, but I would also like to be… one of the people, a person with a tribe. So it might be my second adolescence with orangey-pink hair (real edgy, huh?), but it can also be genuine conviction that I’m trying to spread a call for “freedom!”, haha, as silly as that sounds.
Thank you for reading.
Until I can be fired for being trad, you’re wrong.
@Assassassin@lemmy.dbzer0.com Okay - so what is it you are saying that you can be fired for? Being a Nazi?
Wtf are you talking about dude? Where is the Nazi shit coming from? Use context clues.
Let me ask it differently then - what group can you be that will get you fired?
Same as some demagogue crying for 10 years he is being canceled. He has 25 million viewers. Shit is mainstreamed and some people didn’t hear the shot.
@LittleBorat3 sorry - who are you talking about?
Fill in your favorite, right wing influencer that is being supposedly suppressed up to millions viewers and look how mainstream these views became.
If you ask them they are the underdog.
Okay… Everyone likes to see themselves as the underdog. Based on the state of “influences” I would contend left leaning ones are doing it as well. Maybe it is the nature of having an audience? Or jockeying for authority.
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I started dying my hair in my late 20s. It was really uncomfortable then because at least in my area it was very uncommon. Now that I’m turning 40, I’m doing it again, and its a lot more common now so its not nearly as uncomfortable (people stare less these days, cuz they care less)
its a lot more common now so its not nearly as uncomfortable
That was the point of punk though. It wasn’t about dying your hair purple, it was making it a colour hair wasn’t. It was to be different. Run against the grain of society if you didn’t like the way the grain was going. Be who you wanted to be and dress however you wanted. If someone said boo, you gave them the finger. If someone was racist or a homophobe, we’d scream at them and get in their faces.
Now that you can buy any colour hair dye in the grocery store, green hair isn’t much of a statement. Same with clothes. The common folk were trying to dress above their class with Izod shirts, a sweater draped over their back, and penny loafers - like they just came from tennis at the country club. Ripped jeans, or worn out 30 year old clothes were considered low class and trashy which is why we loved them. Now you can buy pre-tattered clothes. That isn’t a statement.
HOWEVER: If you want blue hair, ripped jeans, and a nipple piercing, do it!
Hell yeah! I can’t decide on the colour yet. Also I need like, 80% of my hair off anyway. Cheaper and I haven’t seen a hairdresser in 8 months lol. But my guy is on vacation for another week.
If I don’t like it I can always just shave it off lol. Benefits of being masc presenting (though nonbinary)
What colour are you thinking of doing?
Maybe the solution is to not limit to one color!
This time I’m handing the wheel to a friend, since I need someone to bleach for me and that seemed like a good trade, but I’m only brining dyes in the red/pink/blue/purple/turquoise range, I’d be down for a full rainbow, but probably not until its short. Very hard to keep yellow nice during the dye when its waist-length. But I wanna enjoy the long for a bit with color, its fun to braid and looks neat with my hair accessories.
I tend to use conditioner to cut the color down, so I often end up more in the pastel range. Then sometimes ill do dark streaks in the pastels which looks pretty neat.
If you hate the color, clarifying shampoo strips it out decently quickly if you are using vegetable dyes. Then you can try it again.
ya remember how punk rockers used to smash guitars? so anyway, there’s this company called flock safety…
Go on, I’m listening…
well friend, so is flock safety.
look up benn jordan, he has better words than i do.
Based and tea party pilled
I loved the phrasing in this one.
Many will read it as:
We’re not punk kids anymore
But it should be read as:
We’re not pink kids anymore
We are adults. Punk adults.
Your typo reminded me of something.
When I was little, we had a children’s TV personality/character called Grynet. Looking at Wikipedia it says that she was supposed to be a parody of a typical teenager, I was a little young at the time, but she strikes me more as this pink princess punk which as an adult I think is wonderfully inclusive.
Her tagline was “ta ingen skit!”, roughly “Don’t take any shit (from others)!”
Hah nice
true, good to see AOC has shunned and been shunned by the national DSA as well
the DSA is dissolving from its policies out
i wonder if marx can save them lol
In 1960, minimum wage was $1.00/hour and the price of the average US home was $11,000.00
A Boomer could graduate high school and be living in their own place with no roommates with money they’d earned delivering newspapers.
Which seems reasonable to me
And depending on their area, that house may sell for a million+ now to millenials who have no other option if they want to live the classic american white picket fence dream
I think that the US as a country needs to abandon the idea that every family should have a detached house with four bedrooms, two cars, and a lush green front garden surrounded by a picket fence. It’s just not sustainable. That made sense in 1960, but the country’s population has doubled since then.
On the other hand, I would like to see it possible for every family to be able to at least afford a basic 2-bedroom condominium with all the amenities that modern life has to offer, including walkable spaces, accessible green areas, and reliable public transportation.
11,000 hours of minimum wage labour in my city would be $185,000. Maybe a bit too low to be entirely realistic, but $200,000 is probably within reach with a bit of elbow grease on the government side.
I live in one of Italy’s richest cities, gross wages for millennials may go from 24k€/y to 60k€/y for the luckiest ones. A normal 80m² apartment goes for about 200-400k€.
It’s not just an American problem, and apparently more efficient housing isn’t enough of a solution.
I think that is a different situation in your city. I don’t know which city it is, and I don’t claim to know much about how the Italian economy works, but housing prices seem similar to what I’ve got in my city (Portland, Oregon, USA), except that wages are drastically lower. So my guess is that it’s a problem with people being underpaid as Italy is a developed economy, similar to the US.
€24,000 a year would be about €12 an hour which is below minimum wage in my city. A minimum-wage worker would be paid about $34,000 annually, or €29,500. The mean hourly wage in my city works out to about $76,000 annually (€66,000). I prefer the median as a better estimate of what ordinary people make, but the census bureau only reports the mean as far as I could find.
There are a ton of factors but most problems simply stem from greed. Boomers pulling the ladder up behind oneself and then making fun of millenials for having less assets and saying it’s because we’re lazy.
I don’t agree that the reason single-family detached homes with lawns are necessarily unaffordable primarily because of greed. That might be one factor, but I think the main factor as to why they’re unaffordable is simple geometry. Councils don’t want to pay for miles of roads, pipes, and electrical cables just to serve less than a hundred families, so these costs get imposed on the developers and homeowners. Some states, including mine, will require new single-family developments to have an HOA, which is responsible for paying for the upkeep of some of these resources. That directly results in higher assessments for ratepayers. Or, where the council absorbs the costs, they still get passed on to owners and renters through higher property taxes.
So while I’m sympathetic to your arguments, I feel that blaming only greed is a shallow understanding of why nobody can afford a house.
“Councils don’t want to pay for miles of roads, pipes, and electrical cables just to serve less than a hundred families”
Yes, correct, they don’t want to pay for it. We need to allocate more taxpayer money to corporate bailouts.
To make my point clearer because you missed it: Councils should NOT be paying for these regardless of whether anything relating to corporate bailouts happens, because detached single-family houses are a poor use of resources and an inefficient and wasteful form of housing.
Remember to add the ‘s/’ for sarcasm
There may be GOPs reading this and that’s their mantra
Yeah - you forgot the realtors and realtor groups.
Absolute scumbags.
This is not a popular observation around these parts, but it’s true. My city has almost no private equity presence in the market, yet we still have a housing affordability crisis. The geometry problem came first, caused here in the U.S. by zoning and building codes; then houses became the biggest source of investment wealth for individuals because of the artificial scarcity those codes created; then private equity smelled money and moved in.
Older Millennial’s had options after the 08 crash
Yeah I had the option of being ruined
One job loss and I could have been ruined too but luckily that didnt happen
True, but you had to be in a position with money saved up and your career unaffected by the recession so unfortunately that’s a relatively low percentage
I mean prices were lower for like 8 years before exploding with low interest rates, time was there to save
Sure but the job market was a joke so if you weren’t already established in a stable career, your income was going to be pretty garbage on top of school loans. Realistically, you would be looking at college grads who have enough seniority in their career that wouldn’t put them at risk of being let go as well as having little to no school debt. You’re looking at people who are at least 23, more likely late 20s in 2009ish. That’s certainly near the '81 cutoff for millenials. I was 18 in 2008, luckily retained my low paying retail job while going through uni, with my school debt and the garbage job market, it wasn’t feasible at all for me to take advantage of the prices.
Wait, when did the cutoff for millennial become 1986? Last I saw it was 1981-1996, with some fuzziness at the edges.
My bad, typo, I’ll edit
I was also in uni in 2008 but graduated in 2010, bought my first place in 2011
I’m happy for people that were able to do that but you gotta understand you’re probably in the like <10% that could do that. I doubt you would say you were in the same situation as most people born between '81-'96. Gen x was in the best position to take advantage.
My younger sister somehow bought a house with her friend. Her first job paid $80k a year. I made $7.25 and hour and this was not an option.
Just another, the privledged got to buy, and the poors didnt.
They do not give you a loan if you earn nothing because you’re unemployed and you don’t have any capital in the bank.
There would have been a way for me but not without generational wealth and immediately landing a great job out of college.
TLDR: if things went great in your life yes you’re right.
I was 20 and making $7.25 an hour.
And they could get educated by earning a few shekels at the bursar that they found on a street corner.
