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Person Compares What Young Boomers Had Vs. What Young People Have Now, Says The New Generation Is Screwed
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Person Compares What Young Boomers Had Vs. What Young People Have Now, Says The New Generation Is Screwed

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Change is inevitable in this fast-paced world. Whether it’s for the better or the worse, every generation is bound to face a different lifestyle than others.

People on Reddit shared their thoughts on the way life now differs from what it was decades ago. Users ‘Ilikemakingsurveys’ and ‘Tiredworker27’ turned to the ‘Antiwork’ community to compare people’s lifestyle, especially in terms of work-life balance and cost of living. They believed Boomers had it easier than young adults now, and quite a few redditors seemed to second their views.

Bored Panda has turned to Sean Lyons, Associate Dean of Research & Graduate Studies and Professor of Leadership & Management at Gordon S. Lang School of Business and Economics at University of Guelph, to discuss the struggles some young adults face nowadays. You will find his thoughts in the text below.

Differences between generations cover nearly every aspect of life, from personal traits to work and beyond

Image credits: Annie Spratt (not the actual photo)

This person believes young adults now have it more difficult than older generations did at a corresponding age

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Image credits: Karolina Grabowska (not the actual photo)

Image source: Ilikemakingsurveys

Another person compared young people nowadays with the Baby Boomer generation in terms of workload

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Image credits: Arlington Research (not the actual photo)

Image source: Tiredworker27

Millennials seem to be struggling to attain and maintain the lifestyle that the preceding generations had

Image credits: Alena Darmel (not the actual photo)

Both redditors believe that nowadays, young adults have to jump through more hoops to be at the same level of comfort Baby Boomers were at a corresponding age. No one can deny, the latter had their fair share of hurdles to overcome; however, with the rapid change of technology and housing prices getting way out of hand, among many other things, young people nowadays seemingly struggle more.

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Let’s take millennials, for instance. “This group is navigating the challenges of struggling to attain and maintain the lifestyle that their parents enjoyed more easily,” Associate Dean at University of Guelph, Sean Lyons, told Bored Panda. “Homeownership is more challenging, personal debt is higher than ever before, work-life balance continues to be a struggle for many, and raising children in the age of smartphones and AI is uncharted territory for them to navigate.

“If there’s a pervasive theme for millennials, it’s probably that it’s taking a long time and is harder than ever to have an independent adult life, relative to the past. On top of that, they’re being looked at as the next group of people to tackle the environmental, political, technological, economic and societal challenges that the world faces. That’s daunting when you’re still getting established in your own life,” Prof. Lyons added.

Anytime Estimate compared housing prices now—when millennials are somewhere between 27-42 years of age—to what they were in 1985, when Baby Boomers were young adults themselves. Back in the day, a single family home would have a price tag of close to $83,000, while in 2019, for instance, a similar choice would cost a young adult roughly 313,000 US dollars. Anytime Estimate emphasized that since 1970, prices for housing have increased 1,608%, while inflation grew 644%. It pointed out that if housing prices increased at the same rate as inflation since 1970, the median home price would be close to $178,000 instead of nearly $409,000.

Rapid advancement in technology can be a blessing and a curse, especially when it comes to work

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Image credits: camilo jimenez (not the actual photo)

Housing prices are far from the only headache young adults face nowadays. Another point that was made by the OPs was significant differences when it comes to work-related matters, such as work-life balance, and the role technology plays in it.

“Millennials were the first generation to come of age in the area of digital multimedia,” Sean Lyons told Bored Panda, “so there’s a lot of attention paid to them and their differences from the Boomers, who were the primary consumers of media when the millennials were young in the 1980s and 1990s. There was a lot of hope initially that the millennials would be the next great generation.”

Known as the first generation of digital natives, millennials seem to be in the lead when it comes to technology use, which can be a blessing and a curse. Pew Research Center revealed that more than nine-in-ten millennials are smartphone owners and nearly 100% use the internet, meaning they can be contacted way easier than their counterparts in the eighties or nineties could have been.

Being constantly connected can create difficulties trying to separate work and personal life. For example, having email on your phone—which has nowadays nearly become an extension of one’s arm—often means checking it outside of work hours. Forbes emphasized that email is ruining millennials’ work-life balance, pointing out that 36% of them check work emails while watching a movie, 35% do it when in bed, 28% do it while in the bathroom, and as much as 26% continue to check it even while on vacation. The two lives intertwining together with everyday usage of technology can become a great source of stress and pose numerous challenges for young adults nowadays.

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According to Sean Lyons, “Every generation has its place in history. Millennials are still in their early adulthood phase, now approaching early mid-life. If there’s a legacy for this group, it will likely be an increased focus on individual expression, mental health, self-care and navigating how to manage public and private personas in the age of social media.”

Some redditors shared examples that help paint a clearer picture of the differences between the generations

Others expressed their opinions on the matter in the comments as well

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generally_happy avatar
similarly
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I've seen these posts about how the previous generation had it so good and lived so well. Just so you know, this did not include MY family. As a young adult, maybe 30-35 years ago, I ran out of money and lived with my brother for awhile. Back in the 70s, when I was a kid, I suffered undernutrition and malnutrition due to poverty. I became sick and very nearly died. I still have health consequences today. My parents, when they were first married and first starting out, lived in a garage apartment. This means they literally lived in someone's garage that had been converted into a living space. My grandparents on one side lived with parents and siblings until they could get enough money to afford an apartment. My grandparents on the other side were sharecroppers. Don't get me wrong. Today's rent, healthcare and education are criminally overpriced, salaries are stagnant, and the middle class is almost a myth. But not everybody before had it all glorious and rich.

royalstray avatar
Royal Stray
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

We all know exceptions exist and it's sad to hear that, but OP's general point isn't wrong, and it's not only working adults. There is a reason that mental health problems in teens and young adults have skyrocketed compared to pervious generations both then and now. Part of the problem is of course that some psychologists just slap disorders on people and give them some medicine to solve the problem. But even removing that portion the number of people with mental health issues have increased. On a general scale things are worse for young adults now than what it used to be. I'd like to personally blame companies that only hire people with a full education and 300 certificates for jobs that anyone could do, and limits peoples opportunities for part time jobs, or just normal jobs.

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wendillon avatar
Monday
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Let's not forget that previous generations couldn't even hold hands with their same sex partner without facing serious consequences. Boys were raised to be "REAL MEN" and girls were raised to be obedient little wives. Economically many older people had it much better yes, but socially we are much better off.

theteacherpeter avatar
Q B F T
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Here's an actual well-researched and written article on this, if you feel the randomer's Reddit musings lack citations https://highline.huffingtonpost.com/articles/en/poor-millennials/

nikkisevven avatar
Nikki Sevven
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

From 1948 to 1979, productivity increased 118% while compensation increased 108%. From 1980 to 2021, productivity increased 65%, but compensation only increased 18%. The compensation that should have gone to workers went to corporate salaries, bonuses, and profits.

tamaramoxham avatar
TMoxraaar
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I asked my mom how much her mortgage was when I was growing up in southern NH. A 3/2.5 brand new was $50,000. She couldn't remember the payment. Wages stagnated when I was 10. I am 53.

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ecwest2001 avatar
Elizabeth West
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Reagan's slashing of funding for higher ed and student aid jumped started the rise in tuition costs. https://www.cnbc.com/2020/06/12/how-student-debt-became-a-1point6-trillion-crisis.html

rhodaguirreparras avatar
Pittsburgh rare
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Growing up in the 70s we were all lower working class. But we could afford the basics. Now a full time job doesn't grant you housing or food.

boredpanda_99 avatar
SirWriteALot
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

There's some truth in there. But boomers also had one TV, one phone. No subscription costs for streaming movies and music. No smart lightbulbs or LED strips. Charcoal grill instead of 5 burner gas grills. We ned to be honest and also reduce the amount we spend on "stuff" that is luxury and makes our lives more enjoyable, but ultimately is not going to make our lives better.

fatharry4 avatar
Fat Harry
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

None of those things are particularly expensive, and the idea that young people are only poor because of their streaming subscriptions is insulting to them. Does it occur to you that they have these material things to improve their miserable lives precisely because they know they will never own a house?

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killerkittens avatar
Amy S
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

A few years ago had a 'get to know your CEO' event at work where all the upper management spoke about their careers and how they got into their positions. It was meant to inspire us but it was really depressing. Most of them went into full time work straight from school (I struggled on zero hour contracts for years before I got a full time job), those that went to higher education did so with no loans and even got grants to go. Most of them could afford their own homes in their early 20's and most of them worked for one or two employers for years and gradually made their way up the corporate ladder. Oh, and all of them have since retired in their 50's while I'll be working till I drop. In other news, the 'starter home' that my mum and dad bought in their 20's was up for sale recently. They bought it with a mortgage that was 3 times my dad's market stall wage (they didn't count my mum's wage), that house is selling for 6 times the average wage in the UK and over 10 times minimum wage.

junebugjump avatar
Junebugjump!
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Good lord. That is astonishing. I feel you about meeting the C-Suite. I just don't get how some of these people fall upward. Our new CEO is from Netherlands, so I'm hopeful he brings a higher level of worker empathy with him. He seems transparent and open. More than I can say about our topmost CEO.

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hmcastilloest2014 avatar
Moezzzz
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Yep. My dad bought his house for $50,000. It's now worth $500,000. How the f@ck did it increase THAT much??? Granted this was 1990, but still- a house THAT old and worth half a million.... it's insanity

theteacherpeter avatar
Q B F T
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

My UK friend's dad bought a house in the mid 80s for around £40,000 - $50k+ I think with the exchange rate. He sold it in 2022 for £1.1 million. This wasn't even in London.

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leodomitrix avatar
Leo Domitrix
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I paid for college and med school by working, living on very little in a rat-hole apartment, and I make squat compared to our car mechanic, who pulls in $100K a year. So.... take that as you will from a Gen Xer.

shaunfisher avatar
Valaun
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

You made some hard choices and should be commended for them. It takes a level of maturity and strength of character to be that disciplined, especially when (I am guessing here) that you had peers/friends that, because of their loans, could party or have extra money in that moment. I admire that level of dedication. But I don't think kids today have that same option as you. Those rat-hole apartments now cost a mortgage payment. Wages for a job pay close to what you made, but expenses are a multiple of what they were when you did it. I think if a person could live with their folks, had no bills, and access to transportation they could get a 4 year degree with a full time job. But I don't think they could get a medical degree without a loan.

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anne-karina avatar
Anne
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

While all true - I think WW2 had a lot to do with it. Women started entering the work force. More home appliances were developed. With more possessions come more responsibilities. So the need for money increases. College was a prestigious luxury, but with a double income, parents could afford it more. And when those kids (boomers!) grew up, they continued to send their children to school, still riding the prestige they had as first generation of college-goers. Technical revolution - phones, computers (after the telex and faxes) was exiting and followed and well.. Here we are.. Too many college grads, not enough skilled builders. And everyone is fully teched-out, but all the possessions give so so many responsibilities.. and now the bubble is bursting. Oh and no. You can not be without tech. You wouldn't get a job without it.

r_h__1 avatar
R. H.
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Boomer here, born in '58. My mother use to worry I would get drafted and get my guts blown out in a South East Asian rice Paddy. Your mommies get upset if I use the wrong pronouns. It's all quite amusing in a sad way.

meganhutchison avatar
Hoody Hoo
Community Member
11 months ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

As a Gen Xer, all I can do is quote one of my generation's classic movies: "The only way to win is not to play." We were the last generation to truly believe a degree was your ticket to the big bucks... Only to graduate into professional positions paying the princely sum of $18,000/year. With $64,000 in loan debt. Sorry, young folks, we really should have crashed this car back then.

chrissmith_7 avatar
Chris Smith
Community Member
11 months ago

This comment has been deleted.

alispadasian avatar
Alis Padasian
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

During my childhood, we don't have much but we always have enough because... we only ate at home and limit the food intake so everyone will get their share, we didn't buy fancy or trendy stuffs- we only have the basic one, we played outside often, we mended things instead of buying a new one and most importantly there is no pressure to keep up with the social trends.

stan-mcconnell59 avatar
Givemeabreak101
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I am getting tired of hearing this whining BS. I am retired now but I worked at least 60 hours a week most of my adult life. I was able to buy an old house that needed a ton of work. It took 5 years to get it to a point it was comfortable. I know quite a few younger people that refuse to work a 40-hour week right now. Yeah, it's tough out there it always has been. I drove old wrecks that I was always working on had to learn as I went with them. I was in my 40s before I bought a car that was less than 10 years old. I will never apologize for the life I have been able to make for myself!

tyranamar avatar
Tyranamar Seuss
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I will say, my grandparents were depression era, and they scrimped on EVERYTHING. Has allowed my grandma to be in a very nice nursing home where she can't remember anything and doesn't know what's going on. I witnessed that and decided I want the happiness of Starbucks now. I'm not betting on the future. So it is my fault I don't have a ton of money saved. Priorities have shifted. But yes, things like housing, wages, etc. are crazy now.

missylyncrowell avatar
Emkay207
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I will agree that things are harder now, but with 2 college degrees I still walked to work because I couldn't afford to register my car. I didn't start making a livable wage until I was in my 40's. Everyone worked a side gig. If you didn't have a family you had roommates, multiple, just to get by. Cell phones, cable tv, a computer? Forget about it. In my 50's now, I have plenty, which to some millennials appears to be a lot. Assuming it was easy for me to get here or that this somehow happened in my 20's or 30's is delusional. Plus, I was always paid less to do more than my male counterparts while constantly being sexually harassed and don't get me started on the holidays I had to work because I didn't have a family. I suffered plenty but I pushed on because that is what you do. I have a millennial nephew that worked hard and was able to pay off his student loans within two years of graduating and bought a home two years after that. And my degrees were not frivolous liberal artsy ones

stephyg1980 avatar
Ms.GB
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

It's going to go back to generations of families living under the same roof because some people can't afford a home on a 2 person income...you need a 3 or 4 person income.

juliesnelling avatar
Julie Snelling
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

My boomer mum grew up in a house with no electricity an outside toilet and a tin bath in front of the fire and the whole family used the same water there was 9 of them. 4 girls slept in one bedroom the 2 boys slept in the box room and the youngest slept with her parents till she was 8 your right she did have it easy.

junebugjump avatar
Junebugjump!
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Americans have no idea what happened to Europeans during WW2. Food was rationed for a decade following the end of the war. There was barely enough time to replenish bodies after the decimation of WW1. How can you improve people's lives living in poverty when you're rebuilding London. But they did so many things right. The East End Victorian structures and workhouses were torn down and modern buildings constructed. National Health Care and the dole were created to lift peole from poverty. So many good things.

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sofacushionfort avatar
sofacushionfort
Community Member
11 months ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

There wasn’t much of a middle class before the Industrial Revolution, and when that ended with the Digital Revolution, so did a lot of the conditions lamented by the OP. On the upside, life for the hundreds of millions of poor people isn’t the Hell it was in past centuries. Middle class myopia, I guess.

jonjonsscagsy avatar
scag$y
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I agree that modern life is not easy and some generations may have benefited more than others. But that's life. Some individuals have it easier than others too. Some are millionaires and some have nothing. Is it fair? Of course it isn't. But moaning about it will only erode any sympathy that people might have for your plight. The term 'boomer' is derived in part from the post-war baby boom, when everything seemed safe and prosperous, and there was plenty of work rebuilding what had been destroyed, and so people could afford to bring up children. For some though, the price was great. They lost sons, daughters, brothers, sisters, fathers and mothers to the war, but yes, they could afford a house and food, and a job to pay for it all. I find it distasteful to criticise someone who grew up in the aftermath of a war which claimed so many lives and haunted those that returned. They were fortunate to be born after such a war. And so are we. I am grateful for that. But, you do you...

theteacherpeter avatar
Q B F T
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

"moaning about it will only erode any sympathy that people might have for your plight" - what do you suggest people do, then? Life is quantifiably more difficult for the majority of millennials and gen z than it was for previous generations. Inequality has risen and continues to rise. You say "that's life", but that *wasn't* life for previous generations. You have to go back to the great depression to get a generation with it worse than millennials and gen z.

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fangerzero avatar
FangerZero
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I have one thing to say it's time to reduce the working day from 8 hrs down to 6, and nothing else changes, except what part time hours are since those should be reduced as well. It's true we do so much more work now then before and yet hours are not reduced. People with money will have more free time this spend more, this increasing cash flow and increasing the economy which hopefully in turn will help more people rise up financially.

lorireese avatar
Wheeskers
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Every young generation bitches about the elder one. I did it, my parents did it and my kid too. The old people don't get the new stuff and the young ones don't get the old ways. It has gone on forever.

marcopielka avatar
Hans Georg
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

It is funny how many older people admit that they f****d up the system, but aren't showing any interest to change it.

johnrochester avatar
Joroches
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

In all seriousness what do you want them to do.? Yes it's f****d, and you right, none of it is your generation's fault but boomers are now all retired and gen X are not far behind. What the hell can they do about it now. They could all say sorry I suppose but this won't change a single thing.

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johnrochester avatar
Joroches
Community Member
11 months ago

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Americans are obsessed with looking for a fight whether it's over generational divides, sexuality, gender or political views. Every side of every argument coming out of your country is as exhausting as it is pointless. Boomers hate millennials and millennials hate boomers, yes we get it. You can't change the past so maybe it's time to move forward and stop blaming past generations for your problems. You are right but it doesn't get you anywhere.

royalstray avatar
Royal Stray
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

sadly it's not just Americans who fight over things like this, and the points OP brings up are relevant in most of the world for young people, no it doesn't help to blame someone else. But older generations have to understand that young adults aren't lazy just sitting around doing nothing but complain.

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generally_happy avatar
similarly
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I've seen these posts about how the previous generation had it so good and lived so well. Just so you know, this did not include MY family. As a young adult, maybe 30-35 years ago, I ran out of money and lived with my brother for awhile. Back in the 70s, when I was a kid, I suffered undernutrition and malnutrition due to poverty. I became sick and very nearly died. I still have health consequences today. My parents, when they were first married and first starting out, lived in a garage apartment. This means they literally lived in someone's garage that had been converted into a living space. My grandparents on one side lived with parents and siblings until they could get enough money to afford an apartment. My grandparents on the other side were sharecroppers. Don't get me wrong. Today's rent, healthcare and education are criminally overpriced, salaries are stagnant, and the middle class is almost a myth. But not everybody before had it all glorious and rich.

royalstray avatar
Royal Stray
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

We all know exceptions exist and it's sad to hear that, but OP's general point isn't wrong, and it's not only working adults. There is a reason that mental health problems in teens and young adults have skyrocketed compared to pervious generations both then and now. Part of the problem is of course that some psychologists just slap disorders on people and give them some medicine to solve the problem. But even removing that portion the number of people with mental health issues have increased. On a general scale things are worse for young adults now than what it used to be. I'd like to personally blame companies that only hire people with a full education and 300 certificates for jobs that anyone could do, and limits peoples opportunities for part time jobs, or just normal jobs.

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wendillon avatar
Monday
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Let's not forget that previous generations couldn't even hold hands with their same sex partner without facing serious consequences. Boys were raised to be "REAL MEN" and girls were raised to be obedient little wives. Economically many older people had it much better yes, but socially we are much better off.

theteacherpeter avatar
Q B F T
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Here's an actual well-researched and written article on this, if you feel the randomer's Reddit musings lack citations https://highline.huffingtonpost.com/articles/en/poor-millennials/

nikkisevven avatar
Nikki Sevven
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

From 1948 to 1979, productivity increased 118% while compensation increased 108%. From 1980 to 2021, productivity increased 65%, but compensation only increased 18%. The compensation that should have gone to workers went to corporate salaries, bonuses, and profits.

tamaramoxham avatar
TMoxraaar
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I asked my mom how much her mortgage was when I was growing up in southern NH. A 3/2.5 brand new was $50,000. She couldn't remember the payment. Wages stagnated when I was 10. I am 53.

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ecwest2001 avatar
Elizabeth West
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Reagan's slashing of funding for higher ed and student aid jumped started the rise in tuition costs. https://www.cnbc.com/2020/06/12/how-student-debt-became-a-1point6-trillion-crisis.html

rhodaguirreparras avatar
Pittsburgh rare
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Growing up in the 70s we were all lower working class. But we could afford the basics. Now a full time job doesn't grant you housing or food.

boredpanda_99 avatar
SirWriteALot
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

There's some truth in there. But boomers also had one TV, one phone. No subscription costs for streaming movies and music. No smart lightbulbs or LED strips. Charcoal grill instead of 5 burner gas grills. We ned to be honest and also reduce the amount we spend on "stuff" that is luxury and makes our lives more enjoyable, but ultimately is not going to make our lives better.

fatharry4 avatar
Fat Harry
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

None of those things are particularly expensive, and the idea that young people are only poor because of their streaming subscriptions is insulting to them. Does it occur to you that they have these material things to improve their miserable lives precisely because they know they will never own a house?

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killerkittens avatar
Amy S
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

A few years ago had a 'get to know your CEO' event at work where all the upper management spoke about their careers and how they got into their positions. It was meant to inspire us but it was really depressing. Most of them went into full time work straight from school (I struggled on zero hour contracts for years before I got a full time job), those that went to higher education did so with no loans and even got grants to go. Most of them could afford their own homes in their early 20's and most of them worked for one or two employers for years and gradually made their way up the corporate ladder. Oh, and all of them have since retired in their 50's while I'll be working till I drop. In other news, the 'starter home' that my mum and dad bought in their 20's was up for sale recently. They bought it with a mortgage that was 3 times my dad's market stall wage (they didn't count my mum's wage), that house is selling for 6 times the average wage in the UK and over 10 times minimum wage.

junebugjump avatar
Junebugjump!
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Good lord. That is astonishing. I feel you about meeting the C-Suite. I just don't get how some of these people fall upward. Our new CEO is from Netherlands, so I'm hopeful he brings a higher level of worker empathy with him. He seems transparent and open. More than I can say about our topmost CEO.

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hmcastilloest2014 avatar
Moezzzz
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Yep. My dad bought his house for $50,000. It's now worth $500,000. How the f@ck did it increase THAT much??? Granted this was 1990, but still- a house THAT old and worth half a million.... it's insanity

theteacherpeter avatar
Q B F T
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

My UK friend's dad bought a house in the mid 80s for around £40,000 - $50k+ I think with the exchange rate. He sold it in 2022 for £1.1 million. This wasn't even in London.

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Leo Domitrix
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I paid for college and med school by working, living on very little in a rat-hole apartment, and I make squat compared to our car mechanic, who pulls in $100K a year. So.... take that as you will from a Gen Xer.

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Valaun
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

You made some hard choices and should be commended for them. It takes a level of maturity and strength of character to be that disciplined, especially when (I am guessing here) that you had peers/friends that, because of their loans, could party or have extra money in that moment. I admire that level of dedication. But I don't think kids today have that same option as you. Those rat-hole apartments now cost a mortgage payment. Wages for a job pay close to what you made, but expenses are a multiple of what they were when you did it. I think if a person could live with their folks, had no bills, and access to transportation they could get a 4 year degree with a full time job. But I don't think they could get a medical degree without a loan.

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Anne
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

While all true - I think WW2 had a lot to do with it. Women started entering the work force. More home appliances were developed. With more possessions come more responsibilities. So the need for money increases. College was a prestigious luxury, but with a double income, parents could afford it more. And when those kids (boomers!) grew up, they continued to send their children to school, still riding the prestige they had as first generation of college-goers. Technical revolution - phones, computers (after the telex and faxes) was exiting and followed and well.. Here we are.. Too many college grads, not enough skilled builders. And everyone is fully teched-out, but all the possessions give so so many responsibilities.. and now the bubble is bursting. Oh and no. You can not be without tech. You wouldn't get a job without it.

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R. H.
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Boomer here, born in '58. My mother use to worry I would get drafted and get my guts blown out in a South East Asian rice Paddy. Your mommies get upset if I use the wrong pronouns. It's all quite amusing in a sad way.

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Hoody Hoo
Community Member
11 months ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

As a Gen Xer, all I can do is quote one of my generation's classic movies: "The only way to win is not to play." We were the last generation to truly believe a degree was your ticket to the big bucks... Only to graduate into professional positions paying the princely sum of $18,000/year. With $64,000 in loan debt. Sorry, young folks, we really should have crashed this car back then.

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Chris Smith
Community Member
11 months ago

This comment has been deleted.

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Alis Padasian
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

During my childhood, we don't have much but we always have enough because... we only ate at home and limit the food intake so everyone will get their share, we didn't buy fancy or trendy stuffs- we only have the basic one, we played outside often, we mended things instead of buying a new one and most importantly there is no pressure to keep up with the social trends.

stan-mcconnell59 avatar
Givemeabreak101
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I am getting tired of hearing this whining BS. I am retired now but I worked at least 60 hours a week most of my adult life. I was able to buy an old house that needed a ton of work. It took 5 years to get it to a point it was comfortable. I know quite a few younger people that refuse to work a 40-hour week right now. Yeah, it's tough out there it always has been. I drove old wrecks that I was always working on had to learn as I went with them. I was in my 40s before I bought a car that was less than 10 years old. I will never apologize for the life I have been able to make for myself!

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Tyranamar Seuss
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I will say, my grandparents were depression era, and they scrimped on EVERYTHING. Has allowed my grandma to be in a very nice nursing home where she can't remember anything and doesn't know what's going on. I witnessed that and decided I want the happiness of Starbucks now. I'm not betting on the future. So it is my fault I don't have a ton of money saved. Priorities have shifted. But yes, things like housing, wages, etc. are crazy now.

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Emkay207
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I will agree that things are harder now, but with 2 college degrees I still walked to work because I couldn't afford to register my car. I didn't start making a livable wage until I was in my 40's. Everyone worked a side gig. If you didn't have a family you had roommates, multiple, just to get by. Cell phones, cable tv, a computer? Forget about it. In my 50's now, I have plenty, which to some millennials appears to be a lot. Assuming it was easy for me to get here or that this somehow happened in my 20's or 30's is delusional. Plus, I was always paid less to do more than my male counterparts while constantly being sexually harassed and don't get me started on the holidays I had to work because I didn't have a family. I suffered plenty but I pushed on because that is what you do. I have a millennial nephew that worked hard and was able to pay off his student loans within two years of graduating and bought a home two years after that. And my degrees were not frivolous liberal artsy ones

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Ms.GB
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

It's going to go back to generations of families living under the same roof because some people can't afford a home on a 2 person income...you need a 3 or 4 person income.

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Julie Snelling
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

My boomer mum grew up in a house with no electricity an outside toilet and a tin bath in front of the fire and the whole family used the same water there was 9 of them. 4 girls slept in one bedroom the 2 boys slept in the box room and the youngest slept with her parents till she was 8 your right she did have it easy.

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Junebugjump!
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Americans have no idea what happened to Europeans during WW2. Food was rationed for a decade following the end of the war. There was barely enough time to replenish bodies after the decimation of WW1. How can you improve people's lives living in poverty when you're rebuilding London. But they did so many things right. The East End Victorian structures and workhouses were torn down and modern buildings constructed. National Health Care and the dole were created to lift peole from poverty. So many good things.

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sofacushionfort
Community Member
11 months ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

There wasn’t much of a middle class before the Industrial Revolution, and when that ended with the Digital Revolution, so did a lot of the conditions lamented by the OP. On the upside, life for the hundreds of millions of poor people isn’t the Hell it was in past centuries. Middle class myopia, I guess.

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scag$y
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I agree that modern life is not easy and some generations may have benefited more than others. But that's life. Some individuals have it easier than others too. Some are millionaires and some have nothing. Is it fair? Of course it isn't. But moaning about it will only erode any sympathy that people might have for your plight. The term 'boomer' is derived in part from the post-war baby boom, when everything seemed safe and prosperous, and there was plenty of work rebuilding what had been destroyed, and so people could afford to bring up children. For some though, the price was great. They lost sons, daughters, brothers, sisters, fathers and mothers to the war, but yes, they could afford a house and food, and a job to pay for it all. I find it distasteful to criticise someone who grew up in the aftermath of a war which claimed so many lives and haunted those that returned. They were fortunate to be born after such a war. And so are we. I am grateful for that. But, you do you...

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Q B F T
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

"moaning about it will only erode any sympathy that people might have for your plight" - what do you suggest people do, then? Life is quantifiably more difficult for the majority of millennials and gen z than it was for previous generations. Inequality has risen and continues to rise. You say "that's life", but that *wasn't* life for previous generations. You have to go back to the great depression to get a generation with it worse than millennials and gen z.

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fangerzero avatar
FangerZero
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

I have one thing to say it's time to reduce the working day from 8 hrs down to 6, and nothing else changes, except what part time hours are since those should be reduced as well. It's true we do so much more work now then before and yet hours are not reduced. People with money will have more free time this spend more, this increasing cash flow and increasing the economy which hopefully in turn will help more people rise up financially.

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Wheeskers
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Every young generation bitches about the elder one. I did it, my parents did it and my kid too. The old people don't get the new stuff and the young ones don't get the old ways. It has gone on forever.

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Hans Georg
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

It is funny how many older people admit that they f****d up the system, but aren't showing any interest to change it.

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Joroches
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

In all seriousness what do you want them to do.? Yes it's f****d, and you right, none of it is your generation's fault but boomers are now all retired and gen X are not far behind. What the hell can they do about it now. They could all say sorry I suppose but this won't change a single thing.

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Joroches
Community Member
11 months ago

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Americans are obsessed with looking for a fight whether it's over generational divides, sexuality, gender or political views. Every side of every argument coming out of your country is as exhausting as it is pointless. Boomers hate millennials and millennials hate boomers, yes we get it. You can't change the past so maybe it's time to move forward and stop blaming past generations for your problems. You are right but it doesn't get you anywhere.

royalstray avatar
Royal Stray
Community Member
11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

sadly it's not just Americans who fight over things like this, and the points OP brings up are relevant in most of the world for young people, no it doesn't help to blame someone else. But older generations have to understand that young adults aren't lazy just sitting around doing nothing but complain.

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