Gen Z DOESN'T WANT TO WORK ANYMORE!
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- čas přidán 9. 04. 2024
- When I recently found out that 20% of young men in their 20s and sometimes even 30s are still living at home with your parents I was shocked. And they're not going to college they're not working they're just mooching off of mom and dad. This is going to have major implications on the future of our economy and housing market.
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Gen Z has no incentive. Nobody wants to work to barely afford to be alive.
Cool !
That kid that IS working and grinding through is gaining something they others don't have ~ grit !
When a couple years passed, they just keep replacing the excuse for not being capable......
Back in the day, Losers were easy to spot 😂😂
With no end in sight, I might add 😢
The incentive is not to end up homeless. No generation has it easy
What incentives did people in the 1800s have or the 1700s? Or ever throughout history? Many of these Z's don't have any vision, forget the incentives. Their vision is to get an all-inclusive vacation, have instant gratification, or get to live in a "vibrant safe environment". I don't remember when was the last time I met a person who likes to work hard to achieve, long term.
@@jupitereye4322 Not every Gen Zers is a tik-tok influencer, a lot of them are normal young people who are really, really struggling and have ZERO guidance or mentorship from the older generations.
Gen Z here. I make good money, but life is still not affordable. I should have bought a house in 2003 when I was a toddler.
And Millennial's in 2003 said they should've bought a home in 1983...shit was expensive then when you compare home prices and wages. Every generation complains about the same shit. Life is not unusually harder for just Gen Z...we all got F'd.
I sat around (outside the US) watching for a housing crisis spillover that never showed up in 2008-ish. Bunch of homes for sale, prices went nowhere. Not up. Not down. Nowhere! newly built stuff sat completely empty. 👀HOW is that possible!? 🤬
@@mg1822 Generation after generation by WallStreet, Democratic and Republican politicians those so-called civil servants, FED, POTUS, mortgage banks, owing student loans that could never be able to be paid up, IRS, insurance companies, hospital and medical bills, property tax, license fees, utilities bills, gas price gouging, by every entity/authority that could meddle with our lives at will.
Now, the 99CentsOnly is out of business.
"Should have" not "should of"
@@mg1822we did but genz are in a worse situation OP is a bit out of touch.
I don't blame them. I work 60 hours a week just to pay bills, no hope in ever buying a house or starting a family. There's no incentive to work hard. Especially when the government gives all your tax dollars to people who don't deserve it
and 90% of Gen Z vote democr@t the party of free stuff which is a huge part of the problem.
Yes, there always is. It's called dignity!
damn that sucks😂🤣
*AMEN*
First they give foreign aid to countries fighting wars that don't involve us.
And by aid, I don't mean money. It's never actual money. What they do is they subsidize the military industrial complex, who then gives "free" stuff to foreign militaries. Then they give it to people to build companies who's sole purpose is to tell kids to chop their parts off. _Then_ they give it to crack addicts. And then if there's anything left over they give it to corporate America for "labor support." Which is left intentionally vague so it can just go to CEOs and executives.
I work 50 hours a week make 900 a week, I can barely afford the ghetto
That covers 2005 rent! 😢 Corporate a**holes flooded the market to clean up the crash, and have ZERO idea what we actually MAKE-Americans were already MAXED OUT at the Millennium. 😢
Define ghetto. Are you talking East St Louis IL? No. LoL you have not SEEN the ghetto
@@jl2937 I have been to slums in latin America that would make that place look like downtown Dubai. Ghetto is relative, it just means high crime and low income compared to the rest of a city. It’s not a competition.
what are you doing for work that gets you 900 after 50 hours???
That’s 46,000 a year approximately. Depends on where you live. And mini rural places, small towns, etc. that’s not terrible. Or rather I’ll say it’s doable. Like up people have said here in the comments sometimes we need to move to find the life we would like to have.
I'm 37 years old, been working since I was 15. Married for 10 years with no children. My wife and I live a frugal life in a small town. The idea of owning a house is pure fantasy for us no matter how hard we try to save. Doesn't surprise me that younger generations have given up.
I'm 45. I bought a house and ranch and a $50k truck and tractor and already had 4 trucks and brought another business for $40k at 25 from mowing lawns 4 years
I now have 18 cars and trucks and make $160 an hour changing oil on mowers. I have thousands of jobs that pay $100k a year nationwide but no one smart enough to do them
exactly.
@@SgtJoeSmithwhat jobs are those
@SgtJoeSmith Well SgtJoeSmith, take leadership and start a training facility with job placement availability.
You can probably get government funds for a foundation and make another paycheck while helping the community.
What'cha Think? I 😁
~ 🦋
The problem isn’t people not wanting to work. Problem is that corporations are allowed to buy single family homes. You think I want to live at home? Houses here are $1.2 million minimum here
same over here, only $800k if you want to live in the hood where the DA lets em loose
Yep until Investors are out of the housing market it won't change, They are like Dave Ramsey and seeing housing (basic need) as their cash cow now.
but there should be no alternative to working. The problem is any form of government assistance
Agreed
Exactly
There’s nothing wrong with kids staying with their parents. Most society’s in the world do that, but in the us you’re shamed for it. Now if you don’t contribute at all is a different story.
For decades everyone in my family leaves home at 18. We start teaching them early to be self sufficient. It still works now. They can stay for a few months when times get hard.....then back out.
@@Oldeagle66 I bet your kids love you lol you made them but don't owe them a good life I guess. Enjoy the retirement home gulags
I agree. But there's everything wrong with kids doing nothing to improve themselves while wasting their time.
@@Oldeagle66 boomer
@@Chad-oh5ik
And proud of it.
Im a millennial. People in my generation want to work but they don't want to still be underwater while putting in 40 hours a week. That's the main problem. You used to be able to run a household off of one full time income. Now it takes two incomes minimum and people wonder why the younger generation is living at home and not socializing. We're left to fight over scraps. The incentive isn't there anymore.
I see Millennials out at nice restaurants flexing all the time. Then they'll complain that they can't pay their student loans because (reasons).
I’m Gen Z. I’m working a full-time job and going to school at night, living with my parents, and plan to leave when I’m done with school. We are getting screwed with these crazy college and housing costs.
We’re all being screwed. Inflation robs us all.
@@MichaelBordenaro especially those who haven't paid their home yet.
Apply for scholarships.
But at least you are trying and you have a plan to get out. You don’t want to mooch off your parents forever. That already puts you far ahead in your generation pool.
If your working towards a degree and saving money then that's a good plan.
When older people start passing away, their Millennial sons living in the basement will just move upstairs
BUT THEY WILL NOT AFFORD TO PAY INSURANCE, ELECTRIC, PROPERTY TAXES, ETC. AND WILL LOSE THE HOUSE
Interesting theory hahaha. Moving on up
@@domcizek
Boy did you hit it out of the ball park. They want everything, but don't know how to get up off of their butt to pay for it.
it's the ultimate play actually. hard workers just mad about it
Lazy parents that raised them on fast food, TV, Video Games, Tablets, and Cell Phones. There are a lot of young people who were raised right by parents who took their responsibility to their children seriously and understood the consequences of not teaching them what is right and good. Young people need to live at home because they simply cannot acquire the same basics with the average wages being paid. Families should consider supporting each other for a while. It is going to be the only way people will be able to maintain. When I moved out in 1995 I paid 400 for a 1 bedroom apartment that now goes for 1600. In addition 100 bucks paid for my groceries for a month. Auto insurance was not mandatory. I survived on 1200 a month working two jobs. Even if I doubled my wages I still could not afford todays financial obligations. I was making about $7 per hour, in 30 years those jobs have barely doubled in starting wage to $14 per hour. in 1996 I was making 7 dollars per hour working at Starbucks that wage has not even doubled in 28 years, but the drinks have tripled in price. Just saying it is hard to want to try when you know the deck is stacked against you no matter how well you were raised.
Nobody wants to work for peanuts. Think about, would you work when 1 hour of work barely buys you a meal.
Wow yeah! You have to work four hours to just buy FOOD. Meanwhile, RENT now demands the other four! 😢
Yes, because I like being able to eat a meal.
And how much does 0 hours of work buy you? Things can always get worse. When you're in a blizzard you don't take off your clothes.
The people of the Great Depression did it. Are you more special?
@@jimdandy8996 Not only did my parents survive part of the great depression, as children, they survived Hitler's bombings.
Then later with a child in tow,(my older brother), they got sponsors to come to America. Their determination to suceed, along with their work ethics helped them conquer all of their challenge's in life. They even opened up a business, both worked way into their 60's,, lived into their 90's. They never asked for a hand out, or received any special treatment from anyone. They earned everything in life the hard way. Even grew a large amount of their own food. There's no whining in baseball or life.
Your life is your own, STOP whining, blaming everyone else for your shortcomings in your life.
To put it in perspective, the average pay in my city is 12.50, but the average 1bedroom is $1500-1700. If I moved out I’d have to spend 100% of my income on rent and then rely on food stamps and shelters for literally everything else. And even then I couldn’t pay for my car or insurance! I couldn’t move out even if I worked 65h weeks
"Gen Z has no MOTIVE to work anymore"
Their parents could buy a home working the exact same jobs 25 years ago. Today, their child, is lucky to not have roomates. It's no surpirse a whole generation is giving up.
Living organisms are about incentives. If you incentivize something, ie: make the juice worth the squeeze, people will naturally do it.
Tough times don't last forever. Boomers went through economic downturns, but the differenc is, they worked through them.
@@nicolcacola We have been experiencing a perpetual economic downturn for our entire lives.
REEEE WHY CANT I BUY A HOUSE AT 22 WORKING AT WENDYS!!!!
What a bunch of entitled whiners - get over it. You aren't guaranteed an easy life.
The good news is Mommy and Daddy will let you stay until they die and, then they wont have to afford a home. They will probably piss and moan about having to pay the property taxes on their free, they did nothing for it home. If my kid lived with me forever, I'd take a HELOC or refinance every few years so the home never gets paid off. I'll enjoy the fruits of my labor. Why should my kid get a free house, I didn't!
More like no point working when you can’t afford anything anymore.
I would feel the same way. Your generation is SCREWED. The older people know this but they depend on you working people to keep the system going till they die. They don't want any changes. Changes that are needed to make the economy fairer rather than rigged towards people who have money.
pretty much the nail on the head, the incentives just aren't there.
Yep unless you're part of the top 20% there's no point.
That Part!
You need to work harder.
Replacing family with roommates that are worse, and giving away money, that seems like the American dream
I don’t have a problem living with family if they would be positive about it and a team player. Living in your parent’s house with a bad attitude because you’re taught to believe it’s something to be ashamed of is the problem. When times are hard family should pull together and contribute for the greater good.
My family doesn't want me to live with them tho
@@sadhu7191 that’s the tradition in western consumer world
@eric_erock434 so if I have no car and no job in walking distance pays rent, and my dad pays rent for me and won't let me home what do I do???
@@sadhu7191 I don’t know. There’s the military/reserves if you don’t have a life passion or goal. And u can take out a big loan and take a risk starting a business too, but u should understand money and debt first.
Your ending advice there of "...find a girl and move in with her..." is the WORST possible advice you could give to a young man right now.
Women are, first and foremost an EXPENSE and one hell of a gigantic risk to even have in your home. Instead of finding a girl young men should focus on themselves, get a trade (electrician, plumber...some level of contractor) and focus on getting out of any debt they might have before moving to a low-cost area and getting on the housing ladder for a reasonable price, or at least as reasonable as it gets these days.
Or buy a dump and fix it up, but even dumps these days are $150k to $200k locally so who knows.
agreed super-dumb advice
He’s saying finding a girl so he’s got someone to split the bills with. These young men should focus on building a skill and being useful on society. There’ll always be work for tradespeople. Always.
FYI, lot of women the breadwinner these days, don't dismiss them. More about cost sharing.
@@teresaalbin-davis4529 ...Women do not tend to date men that make less money than they do. The ones that do usually cheat with men they actually respect.
I’m 26, so the eldest Gen Z. I got a double major in business from a great school, graduated Cum Laude, got a great job straight out of school and make really solid money. Honestly, if I’m struggling as much as I am to save for a house, I can’t even imagine how bad it is for the majority of people in my generation. It’s honestly a generational catastrophe, and I feel like politicians barely talk about it. It literally boggles my mind.
Why would they? They’re in the group accumulating all the assets
Gen xer who had it all (house, career, savings) and whose kid got cancer. Covid happened in the middle of treatment. Either one on its own we could have managed, but both at the same time wiped us out. Years later we are starting over again making roughly the same amount of money and I can attest that it is WAYYYYY harder now. It really does feel like we are working for nothing.
They dont give a damn about anyone under 60.
You are absolutely correct
The problem is you guys have grown up during an age of social media where they tell everybody they’re supposed to be buying and flipping houses in their 20s. That’s very unrealistic. Many of us in generation X and older didn’t buy our first homes until our late 30s and 40s.
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five aiyears now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
Hard not to see what a corporate scam modern life has become, worked to the grave on the hamster wheel of underpaid employment, unaffordable housing, spiralling food, clothing, utilities education costs,no wonder they can't be bothered.
Welcome to the real world
Its all unraveling, the boomers got the best of the deal and we got the fallout/scraps
Perfect comment for this joke of a video, criticizing the most disadvantaged generation that is in the labor market right now.
the guy has a CZcams channel to say that housing is too expensive and wants parents to kick their kids in the street when they don't have the mean to afford a place to rent, it makes total sense
It's getting pointless to even try
🤣
hes a puppet for the elite
@@jux3283 CIA channels
smh for real
Well when you work 40 hours a week and still can't afford basic needs, somethings gotta give
Truth! There are a lot of young people who were raised right by parents who took their responsibility to their children seriously and understood the consequences of not teaching them what is right and good. Young people need to live at home because they simply cannot acquire the same basics with the average wages being paid. Families should consider supporting each other for a while. It is going to be the only way people will be able to maintain. When I moved out in 1995 I paid 400 for a 1 bedroom apartment that now goes for 1600. In addition 100 bucks paid for my groceries for a month. Auto insurance was not mandatory. I survived on 1200 a month working two jobs. Even if I doubled my wages I still could not afford todays financial obligations. I was making about $7 per hour, in 30 years those jobs have barely doubled in starting wage to $14 per hour. in 1996 I was making 7 dollars per hour working at Starbucks that wage has not even doubled in 28 years, but the drinks have tripled in price. Just saying it is hard to want to try when you know the deck is stacked against you no matter how well you were raised.
Indeed! Or you feel like giving up or futility dream of a lot more cushy job.
Nothing will give. The only thing is you gotta work 60 hours a week to make up the difference.
😂
Get roommates.
My daughter still lives with me in her late 20's. Things are tough for everyone and I am just glad that I make enough (I am NOT wealthy by any means!) to keep a roof over our heads. Family needs to stick together in the tough times.
Totally agree
I'm a retired boomer and my neighborhood is adding more hispanic families. My hispanic next door neighbors pointed one of their security cameras at my driveway and chased off night time intruders two separate times. They told me "We're looking out for you". And they both work 3 jobs each while raising their children. Wow...I am blessed to know them.
foreign Latinos are hard workers. These guys have insane work ethic. Also, unlike in Europe, our immigrants are largely Catholics and Christians.
@@sarscov9854. Wrong on. Europe, It’s the. Musses. That do not Work & Bladder the benefits , her in the UK. (. 71 % Of them do not. Work. Only. Take
@@sarscov9854cuz in Latin America you either work 3 jobs or join the cartel
I am a Latino, I work in biotech. 3 generation American. My Grandfather sent 7 of his 9 children to college. My Dad was an Office in the Air Force and a CPA. This work ethic is why US Latino's are now the 5th largest economy in the world
@@sarscov9854 U.S. Latinos soaring to new economic heights with $3.2 trillion GDP. LOS ANGELES - If the 62 million Latinos in the United States were their own country, they alone would make the world's fifth largest gross domestic product. New research shows more Hispanic people are becoming homeowners. According to a study by the Urban Institute, 70% of new homeowners will be Hispanic by 2040. Latinos' net wealth is increasing at a faster rate (9 percent for Latinos, versus 4 percent for non-Latino Whites). That is because White sons are playing video games.
I'm a manager of a small accounting department. We just hired a 24 yr old for an entry level accounting position. Only paying him $42,000/year. (Not my choice, wage rates are set by HR)
I was making $47,500 fresh out of college in 2016. It's not the kids, its the wages. It's always been the wages. People will work hard, if you pay them properly.
That is a great wage for an entry level position.
Exactly... these kids are getting scammed but it only lasts so long before they realize that they are losing money working... and then they move home and shut it down... Why would they hustle backwards
@@SilverSunPublishing No it's not. An accounting degree, cost of rent, auto insurance fuel if there is a commute, utilites, health insurance... It's a lot of risk for zero profit on the bottom line... any good accountant would know better... simple math... that kid is getting crushed. His only chance is to gain expeience and switch companies for a better wage... no chance he gets a big enough raise there. Once companies get you cheap, they slow roll you.
@@SilverSunPublishing LMFAO 😂 boomer.
@@SilverSunPublishingmaybe in ghana
No, most of the kids stay at home not because they don't want to work. It's because rent and groceries became unaffordable. Who of the people who are just starting to go into the workforce can afford $2.5K one bedroom apartments?
Doesn't help motivation any when everyone at the store is paying with a ebt card and walking out with cartloads while you are shelling out cash and walking out with next to nothing.
Stop looking at the apartments in the most desirable part of the city and go find a nice apartment in a neighborhood for $1000./mo. Lower your expectations to start. You can always move up after you're established. Be Smart
@@biff3917perhaps you qualify for an EBT Card too if your income is so low. Also, food banks are available to anyone, try them to help stretch your food. Once you're more established you won't need the extra help.
There’s nothing wrong with living with your parents if you are paying them some kind of rent, paying for your own groceries, etc., help take care of the place, help take care of them, etc. Multigenerational household’s are great if the generations work together. It’s the freeloader sitting in the basement all day playing video games that are the problem.
Apartments start at $600 in my city.
I've got two boys 20 and 22, They have grown up their whole lives getting told by the system they are the bad guy, male privilege, toxic, no mental health help etc.. Young men have been kicked to the curb by society, it needs to be acknowledged that it's taking a toll (look at college admissions male vs. female over time) and stop all this negativity toward them. Fortunately mine are doing ok, but I know plenty of their friends who are floundering.
That is a terrible thing and is one reason I would never vote liberal because the teachers unions are all controlled by members of the Comm Party of the USA. Having said that, if I had children I would never send them to public school. Only Catholic school or home school.
So sorry that your sons’ friends are so burdened by being asked to behave decently. That must be so hard.
@Indigolden too bad you aren't a decent person too
@joechughtai3155 Can't agree more. I'm 22 and I'm glad I have great parents, good people in my life, and seem to be a little mentally tough or at least hardened. If circumstances were different in my life I could have easily floundered too. It seems a lot of my generation is screwed.
@@Indigoldenwomen should never have gotten any power, should have stayed like it was. Look at this mess it all happened because of a woman
Im an RN had a heart attack at age 50. Can't work so now on SSDI. Im so grateful.
And why do you think that is??!! My son lives with me, got a 4 year degree and a job that doesn’t pay squat! And I can’t even afford a house let alone Gen Zers!!
What was his degree in?
What type of degree? They tell us college educates make, on average, one million more in their lifetime then non college educates.
Men in their 20s are paid less than women in their 20s on average
@@Rebellion1776 Criminal Justice
She could become a police officer with that degree.
Millennial here. My dad could afford a 3 bedroom house in Amsterdam, a car and 1 family vacation per year while my mom could stay at home and take care of 2 kids on a tram driver salary.
I make a lot more even with inflation considered and I still can't do the things he did without me and my wife working.
I pitty my 8 year old who at this rate will have to make over 90.000 just to be middle class an pay close to a million for a normal family home.
It's too simple to just call Gen Z lazy.
This guy makes his money as a youtuber and complains about people not working
😂
Are you implying that being a CZcamsr is not hard work! I would argue it's extremely hard work. I wouldn't be capable of doing this and if you think it's easy good for you Just go do it yourself no one is stopping you! You and I both know why you won't do it It's because you and I both know that you would be an utter failure.
The reason he's doing CZcams he's making money. This man is always providing good content. Look at his subscribers if you want to know if he makes money.
@@Izaakwalton_ Very depending about what is your content and level of professionalism, money and time you put in.
He's not complaining. He's stating facts
Get married, have some kids and pray she doesn't divorce you, take half your stuff and have you living out of car while paying for child support.
You are spot on with that statement but the probability in numbers are way above 52percent..
Well, imagine the young man gets married, they don't buy a house, but live with parents, when the divorce happens, there is no home to divide up in the divorce. Because the house never belonged to the young man or woman, belongs to the grandparents.
If the man doesn't buy a house, but lives with parents, after the divorce, he still lives with the parents.
No living in a car.
never marry without prenuptial agreements :P
Get married, live in a car. If the woman stays she's a keeper. Having saved money by living in a car and proving she's a keeper buy a home 😊 with said savings.
At 72 I would love to move back home with my parents ( if they were still here) …
I would love the chance to be better to them than I was to them when I was younger..
They deserved more than I gave….
They sure did. Could have, should have, would have. That’s life. It’s wild!
YES, SAME HERE
I dont blame the kids . Why work if working 2-3 jobs wont even get you a house ? It doesn’t make sense.
Boycott the landlord and live with a relative.
Those boys living at home is helping reduce landlords revenue.
They are not wasting money on rent.
Just ask people who bought a home in the 80's and 90's what they did for work, and you'll be surprised! Back then, you can work hard and guaranteed to buy a home and start a family. Now, working and making $75K is not enough to get an apartment
My ex was making $30K in ‘86. We bought a house for $95K 12% loan, refied to 8%. He didn’t have a degree, but used training for the Air Force for the job. Hey, kids could join the military.
My dad bought a house in South FL ...in 2000 for 125k.. making 12hr... THE AMERICAN DREAM DIED, it's over..
They weren’t really guaranteed anything. They were just luckier in the sense that inflation did not take up as much of their monthly budget and there was far more housing stock available. But that time will come again it all moves in cycles.
More than enough where I live.
All about location in the U.S..
1200 rent for 500 sq ft is INSANITY
I think part of the reason why young men aren't engaging is because of the abuse they have had to deal with over the last 10+ yrs. I mean how long can you tell someone/anyone they're no good, useless etc and NOT have people not engage.
I’m never getting marry, my last three girlfriends were toxic and always putting me down. Now single, I’m living my best life!!
No marriage no kids no home. Why bother with a job that gets you nowhere
The abuse is real and very sad. Creates a hostile barrier for new onboarders. Extremely dangerous and toxic
Some of biggest reasons young men are checking out is because of several factors.
1. Cost of living has become so out of control they really can't afford to live.
2. There are little to no available women who haven't been ran through by so many men that they have lost their ability to pair bond. Not to mention, a lot of young women today are on prescription drugs and really don't bring anything to the table that a man would want other than something to sleep with.
3. If a young man does get into a long-term relationship with a woman and starts to have a family, he is involving the state, and at any time, the woman can say thats it, I'm out of here. Then the man is left dealing with the state and given limited access to his children.
A lot of young men are just checking out as they do not really have any reasons to fet up and produce.
We also have a large part of young men who are moving forward. They are just checking out of dating women.
They are instead spending their time and energy into bettering their lives.
I am seeing this more and more with young men I that i do business with.
At first, i thought there were more young men choosing a gay lifestyle.
But when I started asking questions, the l overwhelming response i received was, "I am just focusing on building my lifestyle. I don't have the time to deal with dating. There's nothing that dating a woman offers me that is worth spending my energy or resources on."
Just my thoughts and experiences from talking with people.
Very interesting.
This was like a nature documentary 😂
been there do , e that its the whole system including educational
Go for a non-westerner
very very true...Cant blame them, all the women want 6-figure men with advanced degrees so the guy looks good on paper for mommy n daddy and her firends, they are all sleeping around with in-n-out 4 month relationships. Next booty call is a swipe away on Tinder or Match. Yes, so why bother, it will all end up in a divorce with a 50% hair cut.
Millennial here, I wouldn't come down on them too hard. I lived through the '08 crash and was forced to move back in because of the crash. Been there since and eventually became HOH. We also have to add in the caveat of mom and dad making their children their retirement plan because they didn't plan properly for it. The American Dream has been torched and had a plane driven into it. Honestly feel like this economy is trying to make everyone into "rent forevers"
I’m 63 years old. I don’t want to work anymore as well
No retirement for you, Bud 🫵🏻
Larry Fink and Ben Shapiro want us all working until we drop.
Nope! Tax the be-jeesus out of Larry and Ben.
You put your time in though, it's understandable
I’m the same age buddy, and yeah I worked my ass off my entire life. We moved away from Fort Lauderdale and moved to Charleston.
But I’ve noticed one thing. The grass is always greener on the other side. But when I say this I was willing to do anything. But when you see how much these corporations now want to pay.
I totally get it why people are so demoralized with it all.
I’m scared for my three teens right now.
And me and my wife.
I’m with you ! 56 and my feet hurt, eyes CANT see ,and I can’t remember anything 🤭
#1 im not kicking my kid out. Could care less what society thinks. My parents supported me when I was trying to find my way and I'll do the same for my kids. Thank you very much..
Just like the titanic
If they are not going to school/college or are not working or not even looking for work, then they shouldn't be shocked that when they get a job, it's probably going to be a shitty job that they hate. Tru dat.
You're welcome very little.
The best gift you can give your kids is to teach them how to survive without you.
Women changed everything there' many millionaire women without there with no husbands
Millennial here. I left home at 18 with absolutely no support from my parents. I had to make it entirely on my own.
Boomer here. Same story. It’s about not living a hedonistic lifestyle. The lazy (depressed) members of Gen Z or other groups need to study and practice stoicism and stop eating junk food. Their coddling parents need to grow a spine.
So what? It would objectively be significantly harder if it happened to you today.
Let’s be real. We don’t make enough to live on our own.
I hate every single job I ever had. This didn’t teach me any skills besides ignore my phone calls and learning to say no when your manager tries to bait you into doing a double. It’s inhumane to get paid with Pennie’s, work near 60 hours/week and get mocked for not wanting to work a slaves wage.
absolutely its all wrong......."We are not meant to be born on this earth just to pay bills and die"
the system fucking sucks, in EU same wage but shit costs 50% more now. WTF.
People out there talking like 12-14 hr days is a normal thing. I was about to unalive people after 5 years and drop dead myself as a bonus. It is beyond fantasy to even suggest it. Add commuting, add work life cost, spare time cost to attempt feeling like being alive is a thing and worth it at the end. That gig is up in my book, completely unsustainable!
@@Bawse328 well said even though it was sad to read but thats the majority thinking here,hope all gets better for you
@@darkenedpsynoid
It is sad because leaving that life might not even be in the realm of possibility for many people. I just up and left never looked back, never will. My slave days are over.
I'm somewhat sympathetic because people are so discouraged from even entering the rat race when they feel like lots of social contracts are broken (retirement, house, cost of education and social mobility). But, doing nothing and retreating into perpetual childhood is definitely not the answer
No, it’s not the answer and nothing is ever promised. You have to work and build the life you want.
I'm 48 and never had a "social contract" but doing really well. I started me career as a laborer toting boards and nails for carpenters.
@@MichaelBordenaro This assumes you don't get damaged by identity theft or some advanced attack. I had someone almost succeed in taking a loan of my entire savings out in my name.
Every one of my friends who are in their early early 30's who are financially well off look like they are in their 50's. We used to be metal heads with long hair and these guys cant even grow their hair out anymore. Its despiccable. Whats wtih this 30-40 year old epidemic with full heads of silver and gray hair? The men of this country are being mentally crushed by a corrupt and downright evil system.
Too many expect immediate gratification. Hard work often pays off. Learn everything you can about your trade, profession or whatever and put in the time to build your value.
Is crazy how millennials 5 years older than me are so disconnected. It seems like they either turn into shut in failures or if they find even mild success they convince themselves anyone could do it and that none of it was them benefiting from circumstance. It's very hard to ask young men to do the work of a man and take on the responsibility of a man when they can't afford a place like a man. They can't afford a family like a man. They can't afford privacy like a man. They can't pursue happiness or plan for their future like men. So with none of the rewards of being a man why should they take on the responsibility and work of a man?
Why work to keep 15% after tax?
Dollar worth $0.03
Corruption is at all time highs.
Inflation is 30% annually on its way to go hyper.
IT'S ABOUT TO GET ALOT WORSE!
Lol made up stats doesn’t make you sound any smarter
You cant kick people out in this economy. People can barely afford to live while also living at home.
That is true. There are a lot of young people who were raised right by parents who took their responsibility to their children seriously and understood the consequences of not teaching them what is right and good. Young people need to live at home because they simply cannot acquire the same basics with the average wages being paid. Families should consider supporting each other for a while. It is going to be the only way people will be able to maintain. When I moved out in 1995 I paid 400 for a 1 bedroom apartment that now goes for 1600. In addition 100 bucks paid for my groceries for a month. Auto insurance was not mandatory. I survived on 1200 a month working two jobs. Even if I doubled my wages I still could not afford todays financial obligations. I was making about $7 per hour, in 30 years those jobs have barely doubled in starting wage to $14 per hour. in 1996 I was making 7 dollars per hour working at Starbucks that wage has not even doubled in 28 years, but the drinks have tripled in price. Just saying it is hard to want to try when you know the deck is stacked against you no matter how well you were raised.
@@cer2299 Most entry level/college education career jobs are offering $16-$18 in my area and the minimum for a 1 bed is $2100-$2600 a month. We’re cooked
My dad bought his first house at 29k when he was 19. My grandfather worked concrete construction for $9/hr and bought his first house for $5000. Neither needed an education Like lmao. You have to work twice as hard for half as much compared to people who are still alive. This system is broken. If you dont have family support you are living in a hole you won't dig yourself out of unless you are an outlier.
This nation is being plundered of its wealth and the limited resources are being spread too thin.
You could go into the trades.
@@Viperness I did go into the trades and was able to afford a home, in spite of this economy. I still agree with their comment.
The resources are plentiful but they are limited to promote an illusion of scarcity I have talked to farmers did have quotas and couldn’t go over that or sell the extra😢
Think of how stupid, lazy and unmotivated the average person is, and then realize that half the people are worse than that. There are ALWAYS endless opportunities for those who desire it enough.
If you go to become a medical technician it's only one or two years that's what I did later in life and it paid off in spades. Minimum tuition you can make six figures coming out of the gate and have a really nice life. Hope this helps.
I do see a problem with not getting a job, I don't see a problem with children taking over parents houses as he mentioned in the beginning of the video. "Staying until parents die and take over the house." What is necessarily wrong with that? It sounds like the smartest economic decision. Now you can argue morals and say well you are just using your parents for a free house. As long as you have a job and are contributing to the house hold I don't see any problems with staying and saving up easy cash. Then get a free house afterwards.
I think he was specifically talking about the ones who didn’t work or contribute.
My son's father died, his family so bitter and cruel they left our son NOTHING, so dad died and left me money to pay cash for a house so I can 100% pass grandpa's buck on to him-I'm FINE being good for nothing but a free home for him in the end! 😊 BEST gift I can give him!
The deal stacks up!
"If the parents would just kick them out"....tbh you sound like a guy without kids...
100% lol.
nailed it
20% decrease when the houses have basically doubled in a short period of time. Wow big deal
Exactly
Exactly!! Lazy parents that raised them on fast food, TV, Video Games, Tablets, and Cell Phones. There are a lot of young people who were raised right by parents who took their responsibility to their children seriously and understood the consequences of not teaching them what is right and good. Young people need to live at home because they simply cannot acquire the same basics with the average wages being paid. Families should consider supporting each other for a while. It is going to be the only way people will be able to maintain. When I moved out in 1995 I paid 400 for a 1 bedroom apartment that now goes for 1600. In addition 100 bucks paid for my groceries for a month. Auto insurance was not mandatory. I survived on 1200 a month working two jobs. Even if I doubled my wages I still could not afford todays financial obligations. I was making about $7 per hour, in 30 years those jobs have barely doubled in starting wage to $14 per hour. in 1996 I was making 7 dollars per hour working at Starbucks that wage has not even doubled in 28 years, but the drinks have tripled in price. Just saying it is hard to want to try when you know the deck is stacked against you no matter how well you were raised.
They went up SEVERAL hundred thousand PER hundred thousand thanks to flippers which flooded the market around 2010. NOBODY can save $50,000 a year. $10,000 yes, but not much more.
@@AshleySpeaks4U Disagree. Anyone making $100k can save half of it without too much hardship, unless they're in a ridiculous high cost of living area (NYC, San Francisco, LA, Hawaii, etc). My total living expenses (not including taxes) were $18k as recently as 2015, which included a mid-level apartment in a nice city in the desert southwest often regarded as a retirement city. I ate out every single day for lunch, not even trying to contain costs. If you're smart, you can make your money go far. If you're curious, my main expenses were as follows: $500/month rent, another $100/month electricity/water, $150/month cable (with internet), $15/day food (restaurant meals at lunch, lighter meals for dinner, often leftovers), $100/month groceries (mainly drinks), $1,200/year gas (8,000 miles a year in my car), $1,000/year car insurance, $500/year airfare for trip I did yearly to see family. Add that up and you get $18,375. I wasn't making anywhere near $100k either by the way. Prices are up 33% or so since then, but it still isn't that hard. When I have friends making what I do and telling me they are too broke to eat lunch with me, I am perplexed where all their money goes. But you know what, it's good they spend spend spend. Our economy right now is totally debt-driven and the whole thing will collapse without people like that.
Not all Gen Z's are this way. I know some who work hard, are staying out of debt, and saving for a house. I know others who are entitled brats. My son is living at home, but he is paying rent and saving for his own house (just waiting for the market to drop, has $85,000 saved so far). He has no debt at all. He also helps out around the house. If a parent is letting their kids mooch as adults, then they are part of the problem. Things are definitely harder now then I had in the past, so I don't mind helping out my kid to get a start in life. It depends on the situation. My son is ticked at some of his friends because they are mooching off their parents. The parents are the ones who are going to pay the consequences for raising such entitled kids. My kid is a big help during these times. We are pulling our resources together, and helping each other out during this insane time. That is what family is supposed to do. People who burned bridges with their families are not going to like going it alone in this economic downturn. Work on your relationships.
I know they’re definitely not all like this. I’m sure there’s a big chunk of them that are doing everything they can to make a life for themselves.
I guarantee you started making your kids do chores and taught them finances and hard work early. THAT’S the difference. Victims will never be successful because it’s not possible in their minds. They will never take a chance on a business because the system is rigged. Why get a degree when you have to be connected to get a good job etc etc etc etc.
You're a good parent.
I would have loved for my son to stay, help and inherit the family business. It's a gold mine that I can't walk away from. But he's too busy conquering the world...and already doing better than me, in terms of net worth. The apple doesn't fall far from the tree.
Obviously, you have beem and are a great parent. Thank you!
@devanishant
Somehow I understand that. When the young Z generation watching prices of houses they know they can't afford it, even if they work for 20-30 years 🤷♂
Also got to factor in hoeflation. A lot of these young women aren't worth trying to settle down with to start families.
Exactly
I commented 80% of women are chasing 10% of men
So they gave up
Most people should not have kids (and they probably won't either going forward). At least not with 8 billion people on this planet. Maybe it's the invisible hand at work.
Goes both ways. Real men are kind of a thing of the past as well.
Call them whatever you want but you probably aren’t much better.
Raise your kids and spoil your grandkids, but if you spoil your kids, you’ll end up raising your grandkids.
SO TRUE, lol!!😂
Yeap!!
Your not going to have any grandkids because they cost to much !
Most folks raising kids in the 2000s were on welfare because no one would give them a chance at a job
What if the kid works a job 23 years and never decided to want kids but the siblings never worked as hard sponged college money off their parents and found partners to procreate with but still not work as hard even with the kids? I know someone in this situation. Punish the hard working child? lol
The reason why girls in their 20's are able to move out of their parents house is because they move in with their boyfriend who's in his 30's. It's also difficult for young men to find white collar jobs since so many people who work in HR (women) are actively refusing to hire men.
yeah and theyre favored by diversity hiring from the get-go
My cousin is a rental agent. He said most young girls are living with a female roommate not a BF but the girls are not paying rent. He said in probably 50% or more of case daddy is a co-signer for one to the girls and is paying the rent.
@@redtiger7268 Regardless of who's footing the bill women have more options while everyone is saying young men need to do more
Just because you live at home doesn’t mean you don’t work. You can just contribute to your household and save and inherit your family home. 🤔
In other countries its not uncommon for the kids to stay home and take care of their parents until they pass and their kids do the same for them. In America its custom for the kids to leave after high school or college. With the current state of the housing market its just not possible.
i’m 16 i don’t have a mom nor dad to depend on my dad has never been in my life, my mom is homeless and i’ve found ways to make money, i’ve created my own online lawn mowing company, i’ve bought my own vehicle, i’ve saved up 6k, i’m still in school and i’m going into the trades but a lot of people my age don’t see the the point of even trying which is sad and pathetic, i’ve never been in the position to be ignorant and unaware of the economy and reality,a lot of them got mommy and daddies money but that’s beside the point social media, their parents, and friends have ruined their mindset abt life , they would rather distract themselves then realize how society really is, they almost live in fairly land or a different reality
I began the same way, at 16. You're going to be wealthy.
I started at age 13 delivering newspapers. I have nothing to show for it at age 49. It's so rigged and gets worse every year. You see guys like Michael who lucked out by buying the dip in 2008 and selling the peak in 2022... or they got their schooling before it went up 500%... or they never got medically bankrupted before Obamacare... or or or. My son is your age and I am very personally affected by what's going on with Gen Z. It's a complete disaster, economically.
Keep going it might seem impossible, but by you trying you will make your life better.
You’re awesome!! Good for you😊
Facebook is taking care of young people with the Metaverse.
Dude we are migrating 7 million people a year. Housing will never catch up
Not true.
@@SunofYork not true?
@@CommanderRiker0 Mans been living under a rock apparently...
@@carteranderson5907 Or probably just a J3w troll bot.
In the UK if our sons moved out most of their wages would go in rent, the prices have increased so much it's not feasable to buy. They'll stay with us until they've got a hefty deposit, i won't have them renting. Their already talking about not moving a girlfriend in for fear of losing their home if she breaks up with them! Depressing times.
I couldn't afford to live if I weren't living with my sister and her husband. My sister and her husband couldn't afford their house without the rent they get from my husband and I living with them. It's taking 4, yes, 4 incomes to afford to live in the interior west right now. We don't even live in a big expensive coastal city. We are living in one of the lowest-cost-of-living cities within a couple hundred miles. Even with all four of us working, contributing, and pooling our resources, we're barely getting by! From what I'm seeing and experiencing, it's learned helplessness that's the cause of gen Z's apathy, not laziness or entitlement.
Edit: My sister and her husband are younger millennials and my husband and I are elder gen Z
Thank you SO much for sharing! My son just got back from trade school. I own a 624 square foot one bedroom house-tight squeeze, but all he has to do is cover his food, clothing, toiletries, and transportation. I do not charge "rent" because the HVAC, water/sewer, taxes, insurance, and power are used whether he is here or NOT, right? But I cannot afford to feed him and such. It is SO hard to TRY to start! 😢 He is 21-he SHOULD be out there starting.
With 2 Associate Degrees and a Bachelors - I can't even afford to buy my parents bungalow in Chicago. The system is broken.
Unless you got a stem degree it’s simply a waste of money. You could be making bank with skills in trades
There are a lot of young people who were raised right by parents who took their responsibility to their children seriously and understood the consequences of not teaching them what is right and good. Young people need to live at home because they simply cannot acquire the same basics with the average wages being paid. Families should consider supporting each other for a while. It is going to be the only way people will be able to maintain. When I moved out in 1995 I paid 400 for a 1 bedroom apartment that now goes for 1600. In addition 100 bucks paid for my groceries for a month. Auto insurance was not mandatory. I survived on 1200 a month working two jobs. Even if I doubled my wages I still could not afford todays financial obligations. I was making about $7 per hour, in 30 years those jobs have barely doubled in starting wage to $14 per hour. in 1996 I was making 7 dollars per hour working at Starbucks that wage has not even doubled in 28 years, but the drinks have tripled in price. Just saying it is hard to want to try when you know the deck is stacked against you no matter how well you were raised.
Exactly. People want to work and be rewarded for it. Not work and not have anything to show for it aka just to survive and be depressed.
@@cer2299 Pay more and get less. That is the American Future.
Maybe you should have picked a major that was in demand and paid high wages.
I'm a Millennial, but I can't blame Gen Z and we're not listening to them. They can't afford to live, woke U.S. dating marketing is complete garbage, then why bother. The only winning move is not to play. Economy needs to crash
Stack up your own money and get out after saving for 10 years. (Put some to the side that nobody knows about and nobody but you knows where it is.)
It all needs to crash.
I ended up wasting my 20s too .. and I had to work twice as hard in my 30s, and I’m still not fully caught up. At 40 .. I’m tired. Learn young, it’s the only chance to get ahead.
Moving in with a girl is terrible financial advice bruh!!!! 😂😂😂 so much for looking out for your fellow man… 🤣
So move in with a guy.
Teamwork 😊
Don’t move in with somebody purely financial and pretend you have a relationship. But there’s nothing wrong with getting a legitimate roommate. I lived with roommates till I was 30 years old., No, I didn’t like it, but that’s how it worked out.
I need only look at my own immediate family to know that. My mom and one brother took twice to find a partner to live happily ever after. (so far) My father burned through 3 wives ending in 3 divorces. My oldest is on wife number 4 after 3 divorces! 2 successes (one still in progress) out of TEN marriages?! With a success rate like a lackluster batting average like this - 0.200 - I'm a never married. Best viewed from a safe distance.
this guy is on the side of the bloodsucking elites, this video has made it clear
@@nogames89821st world problems. Most people around the world marry out of financial necessity. Not "love"
Michael, I truly enjoy hearing you spitting out facts without sugarcoating anything. Keep it up!
I just turned 65. I hated working at basically all my jobs. I got a Bachelors in Computer Programming and that just never panned out. I got a CDL-A and fell asleep at the wheel and ended up being very lucky to be alive. Even though I hated working I always did work. Turns out it's a good thing because I just barely had enough Social Security Credits to get free Medicare Part A at 65. I can't put young people down - if I was in their shoes the money you will make won't cut the high cost of living in 2024. And you can forget marriage and kids. It's basically turning into a rich mans country. I don't know where this ends because what needs to be done THEY won't do.
Exactly
I’m buying stock in the company that makes Extra Strength 5Hour Energy. That is what this country runs on. And Prednisone. People have to work longer hours to make less money.
@@annoravetz5188 And pay more money for a smaller house.
People are just seen as resources!
Not feeling this. My kid can live with me as long as he wants. Family time is more precious than anything material. I grew up in a multigenerational house and everything was fine.
We only get so many trips around the sun. Don’t waste it on frivolous things.
Even if he's in his 30s or beyond? You're enabling him to become even more depressed because if you don't value your own life no one else will.
@@Resmith18SR bullsht. Mexican and Guatemalans been doing it forever and it works just fine. This move out of the house at 18 is total nonsense.
Im with ya , @xxbf 💯
If they want to leave or need to leave, then ok, but they can definitely stay !!!
I think theres a greater risk of real depression, working their *** off and getting nothing, talking to nobody, being alone
@@SpiKSpaN-ei6zq I've been living here in Mexico for many years and there are no child labor laws here. Children as young as 10 work here and no problem. All I see are people here working their asses off every day.
@@SpiKSpaN-ei6zq You're full of it. I have lived in Mexico for years and they don't support their children and let them live at home for their entire life. They put them to work.
Some families make a deliberate decision to live multi family style and share expenses - nothing to do with laziness but conscious decision to give the grandchildren full benefit of having parents and gparents there. Takes some sacrifice at times, easier some days more challenging others but thats just life. As gparents its a huge blessing to see our gkids every single day, spend time with them, being an added resource for them, etc. wouldnt have it any other way.
My teenage kid started to act that way so I sent him to the marines. He’s a cop now with a wife and 3 kids.
For now
THAT, sir, is the way to deal with these unnatural attitudes in boys. 💯 We need more parents like you.
Gen Z dont work either at all or as hard, because it seems they can feel that the system is rigged.
The systems always been rigged
@@MichaelBordenaro No, there was some cheating in the goldstandard era, which began 1914 but compared to today it was much more honest. You cant outwork the moneyprinters, this is a political problem.
The system is rigged for and by the 1%..
@@MichaelBordenaroYou're right, but we can still make something of it.
You're my age, close enough. We own homes. If we can do it, they can.
@@MichaelBordenaro Not like it is now, hell, you or I could have opened a hot dog stand 30 years ago and at least made a living, way different now.
You can't be motivated by something that doesn't exist.
I can sympathize with Gen Z. I’ve worked my ass of since I was out of my moms house at 17 and have accumulated a nice house and two newer vehicles and continue to work my ass off at 33. But I know all it takes is one bad car accident or sickness and I could lose everything. It feels pointless to bust your ass at a job for decades (now you have to work even longer hours or work multiple jobs to hopefully one day be able to afford a down payment on a house) and one sickness or accident can wipe out your retirement, savings and assets in one swoop. It’s fucking crazy.
People are sick of being slaves that means materialism is failing, don't judge parents for letting their kids stay home and save money I doubt most parents let kids be lazy and do nothing at home, it's better to stick together as family in these hard times than try to be super man just so you can feel like superman, community beats slave work for no money or where you almost g
Have to work 24/7 to live
For thousands of years children lived with their parents only in the last century’s have they moved out
TammySmith-nb6se That's because a lot of Southern families were having like 15 children. That's an army of help to build extra wealth and buy land. With smaller families, it was wise to have multigenerational households.
The nuclear family was destroyed purposely. More mindless workers doing the same thing as individual households instead of one
"centuries" not " century's "
@TammySmith-nb6seThat's a Hollywood stereotype. Less than 2% of the population in the South owned slaves. Every group was having 10 or more children close on average.
@@SunofYork who, cares, language is symbolic, and you understood what they meant.
As a Gen Xer, I don't blame the Gen Z men for checking out. The system is not in their favor like older generations. Sadly, the deck is stacked against them. We need a bit of a fall to correct this mess, and young men refusing to play the game is a good start, IMO.
Yup. 100%. The young males are smart and recognized the scam from a mile away. It's not a coincidence that they all checked out at once
I don’t blame them at all.
Being a kind man to women is simply not good enough today.
These HR bs-ers destroy morale and so do modern landlords.
Not to be rude.. but don't your wife also help you with bills to survive in this world? The only difference between you and them/us is that we have a different enabler. We all need help some how from someone.
Work till you drop, The money you make will hardly cover the bills. You will never ever get enough money to buy a real estate. And this will only get worse in the next years.
So, what are you waiting for? Apply for that 80h/week job with minimal wage and live the american dream!
This cracks me up. Nobody WANTS to work. Where do you think the concept of vacations and retirement come from? People go on vacations to get away from work People dream of retirement - the day when they can quit work forever. People who work don't do it because they want to; they do it because they have to. I went to work because i wanted stuff, and working was the only way to get the money I needed to buy stuff. I f I already had the money, do you think I would have went to work anyway? No.
These insane housing prices are here because people think they can get enough money from selling their house to take care of all of their financial wants and needs - and that means they no longer need to work. So what if it screws over everybody who wants to buy a house. So it's not just the younger generation that doesn't want to work - it's all of us.
Look shitting on the next gen makes people sound old and outa touch. Truth is there are multiple reasons kids are staying longer at home including saving money to buy cars, down payments for homes etc.
I realize that I’m just calling out the lazy ones
I bought a car in high school with tip money. I couldn’t move out fast enough. Was planning it for a year. Graduated early just to do it faster. Parents were fine, but I wanted to get out on my own. Who wouldn’t?
Gen Z drags on their own lol
There's plenty of beaters for sale on FB marketplace. I got older friends that bought cars out of the junkyard and got them running.
@@MichaelBordenaroEveryone of every generation has their lazy group.
China is in a very bad situation with educated youth coming into a depressed China market, very few jobs, and many youth have been like this for quite a while.
They call it 'laying flat'.
Reading some of these comments, I can see why some of these people are giving up. No hard working person today can’t afford to buy a home, and the government taxes everyone to death just to give that same tax money to foreign countries. It’s a shame.
This country wants 2 classes ( Rich & Poor) this will come with a big price
Yeah and there are a lot of people who want to drag as many as they can down with them.
And once us boomers die off? That's exactly how it's gonna BE.
Venezuela destroyed their middle class ..today 80+ are beggars. This administration is very aware of the model that was impose in Venezuela, the richest country in South America.
I am a boomer born in 1963. I was paralyzed in 1982 and finally retired last year. Working sucked but i wanted to have nice things and a nest egg.
Exactly it’s not like any of us want to be working all the time, but we all have to do it to have anything at the end of the road
No boomers in 1963
63 first waves of gen x---1961 to 81 per the Fourth Turning book
@@grandpapete417 ok then I'm just an old bastard? Does it really matter?
@@chm9935 i looked it up and your source is wrong. It's 46-64!
I kind of wonder if this generation doesn’t have expectations that are just too high. When I graduated from college back in the 80s with a master’s degree, I made $23,000 a year and lived in a cockroach $600 a month apartment in Los Angeles and drove a stick shift Toyota Corolla that cost $3000, very used. I didn’t buy my first house until I was in my 40s.
As soon as I started working after graduating college my mom and dad charged me rent to live there. I did that for a year until it was time to get my own place. It's called being a responsible adult. The world doesn't owe you anything, and neither do your parents when you're over 18.
I admire parents who allow their adult son/daughter to live with them. It suggests they care more about their kid’s future than they do about maintaining their personal space.
Right. The chance is very high that an 18 years old child which is kicked by his parents, will never get a good qualified job.
All the pupils which university degrees have mostly support of their parents.
Only stupid parents kick their kids out as young adults. Their is often missing education at this kind of parents.
I own a 624 square foot home, and we are squished, but my 21-year-old son is here NOT paying rent, but paying for himself. I hate these current greedy landlords and don't want him giving them a red cent either! 🤜🤛
We guys are told to chase excellence, not women. Michael says to have guts, meet women, start a family. We're smarter now. Divorce is common.
Divorce is the default setting. Makes you wonder if he's married but got insanely lucky about it. If so, there's still lots of time on the clock for a divorce to go down...
Divorce is 50%, you can either look at it as a glass half full or half empty kind of guy.
But if you're contemplating marriage, which I think everyone should, just make sure you're with the right person to the best of your ability.
The longer you date and get to know them; the more likely it'll last.
Divorce is common because society is broken. You bought into the debt-based system that doesn't want strong familial and societal ties. They want consumers. Then you all cheered to outsource this cancer to other parts of the world under the guise of "freedom" and "democracy." Well, now all those chickens have come home to roost. Enjoy!
Great message for these young men! No real men raising them.
I haven't watched the whole video yet and you might touch on this but another aspect of this is this generation of males have been told that girls are powerful, girls in the most important, the success of women is the most important thing. Don't be toxic masculine. Don't mansplain to me. I'm a strong woman and I don't need you.
Only in American culture do we shame people for staying in the family home..This individualistic culture is what is killing sustainability. In America, you can move out and pay exorbitant rent, or you can buy an overpriced house and pay 2300 a month. People cannot afford this, let alone starting a family.
Im a 41 year old millennial and I rent a a studio apartment in Tampa Bay. I would never entertain buying a house. After the next year, I'm doing vanlife and staying single. Theres no incentives for men to be in relationships anymore, either. Not with all the options the modern woman has with social media and the endless supply of attention they get. Theres alternative ways to live. I fear this country will see a revolution soon. A violent one. Especially since we have all these fighting age men with no direction or purpose. Eventually frustration will be taken out and the politicians will be the target.
You're meeting the wrong people because you aren't going to the places where they go. Go to the Traditional Latin Mass and you'll be married within 18 months. It will take you a year to become a Catholic if you aren't already. The Traditional Latin Mass in any city is full of incredibly wonderful people and the majority are your age and younger. They get married!
@lisapolanski9379
I was born and raised in a catholic church. Judging by your name, you're Polish just like me. But, back in my hone town, the average age at any mass was about 65 years old. I'm from Northern Indiana but I now live in Tampa Bay
@@paulbier2182 The French Revolution did exactly that, slaughtering the rich. And that still didn’t work.
Tampa has a few Traditional Latin Masses. I don't live there but the TLM is usually mostly people in there 20s 30s and 40s. You will be amazed@@paulbier2182
@@lisapolanski9379ex Mormon here. Religion is just another system of control and not the answer. They want your money and your time
Has a lot to do with their upbringing and parental expectations, IMO. My son is 25, doesn't have a degree, has saved his money since 15 when flipping burgers. Went onto doing oil changes at Walmart after HS graduation. Moved from there to vehicle machining and fabrication (learned welding on the job), making good money. Bought his first house at 22. The only help from me was letting him live with me after graduation while he continued to save until he bought his own place (with no money from me). He just enrolled in EMS certification so he can apply to the firefighter academy. A parent owes it to their kids to set constructive expectations for their children to live up to. Both kids, the other a Millennial (also no degree but self employed now), were expected to make something of themselves and they both did. Signed, Very proud Dad.
Bravo 👏🏽 respect to you sir
Nice
I enjoy your format in that I can listen with earbuds and go about my chores and errands and not have to watch the screen.
Your easily understood information and voice makes that easy to do.
Im a millenial with a genz kid and a alpha kid. Your view point is why there will be an expected tsunami of gen x going into nursing and assisted living homes. There will always be a group of lazy ppl in any generation. Gen z is so unlucky. I have multiple degrees 2 earners at 6 figures. Still impossible to get a house or pay off all the student debt our genx parents told us to just sign the loans without explanation. We were told to go to college at all cost and success like our parents were garenteed. We were lied to. Then blamed for beilieving the lies of our parents and teachers. I dont have a house to give my kids, i have no idea how im going to pay for their college in 5 years if thats there path. Considering ill prob die with my loans i will most like sign for theres to save them. My current thing is investing money in quality education, enrichment, and critical thinking from preschool to 12th. Thats the best I can do. A standard traditional education is not going to be needed in their generation of AI.
I am a Gen Z and I go to school full time and I do work part time
Good for you glad to hear that
My son is living at home. He is 30 years old. Rent is to damn high for CNA. Working all day and still can't afford shit. He went back to school for RN. He almost done with school. Thank god.
That’s different if he’s using Home as a steppingstone to be on his own, I don’t see any problem with that
Glad he woke up and realized he needed an advanced education and position. Nursing is a fabulous career choice. Many ways to make a very good living in an in demand career.
Congrats on soon becoming an RN!
Excellent career choice!
@@indigostaraz Nursing it tough. I couldn't handle it.
As a person that turns 60 this year ! I’m going to sell this year . I paid 73k for my home in the early 90s. Paid it off in 10 years . I have a nice pond woods large 2 acres of yard 5 woods . I’ve got offers for 750 k. I’m in rural ohio …. Time to down size .
BUILD YOURSELF SMALL HOUSE ON THAT LAND AND RENT BIG ONE???
Thanks for your excellent videos !!
❤❤
I’m 48 and I’m not buying houses either. I’d rather buy land, put a trailer on it and d build the house yourself. Honestly it is a drive through price. It is easy to to just build it yourself.
Bulid a house yourself?
Most new homes today are slapped together with a minimum of quality effort.
Basic framing is not that complicated. You obviously have you tube, all you need is some simple tools and your on your way.
My old man would say, boy look at who’s framing houses….they look any smarter or more capable than you ? I look and it’s a bunch of big belly hangin over the shirt havin ass red ass necks. Just looking like the B team that day. I think of that about every trade now. Like look at the dude building cabinets I promise he ain’t no genius. You just got make some dust and get to work
That’s what I’m doing I just bought.24 acres lot next to the best lake in the country
This is my plan actually.