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PsychologicalBrush t1_jb2my1f wrote

Reply to comment by itsTacoYouDigg in A duo of 81-year-old women are on the adventure of a lifetime: Seeing the world in 80 days by OregonTripleBeam

All the younger generations haven't been doing well financially due to the boomer generation fuck ups, COVID arrived and to save boomers lives we all had to isolate and stop living, millions of people's lives got worse with no income but not the retired boomers getting their retirement money.

Boomers got vaccinated first because of the higher risks and it meant that when cruises were allowed again they were all booked out for months, so while younger generations were struggling to get back on their feets after stopping their lives to save boomers, boomers went on holidays and cruises are the worst way of travelling for the environment.

So I can understand people being bitter to seem more elderly just having it so good while fucking up everyone else lives

[edit] fuck ups implies they made mistakes, it's more egoistical nature. Until recently they had the majority for all voting as they were more in numbers so they got people elected who would increase housing value because they wanted their houses value to increase even if it meant making housing unaffordable for younger generations, they also chose not to increase minimum wage because they were worried about their own lifestyle would have increased costs and they weren't affected by the non increase. Amongst other things.

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itsTacoYouDigg t1_jb2s4sf wrote

younger generations suffering is such a myth. Did you know younger people contribute 20% of their paycheck to a 401k every month? Did you know that all of the grow in luxury sales last year came from gen z? Just because young people can’t afford to buy a 4 bedroom house doesn’t mean they are suffering, they are spending & earning a lot of money. The average gen Z has $20,000 saved for retirement already lol

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PsychologicalBrush t1_jb2uuxf wrote

You're spinning it as if gen Z were making a lot of money, the oldest ones are 26 if they have $20k savings it means they've been saving all their income very heavily and living frugally.

How do you think 18 to 26 years old can afford luxury items?

  • If they didn't do any studies and worked at 18 it means that they are spending above their means.
  • If they did studies they are just finishing the education so have no money either

The most likely case is that their families are wealthy to beggin with and advertising has become much better at targeting them than it was with millenials.

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itsTacoYouDigg t1_jb2vqj5 wrote

point is they are clearly aren’t suffering financially, just a common misconception. Most young people either live at home with parents or flatshare with other people, so they have more disposable income to spend on stuff

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PsychologicalBrush t1_jb2zl2h wrote

They can't fucking afford to have their own place and you're flipping it as if living with your parents or 4 other flatmates is so much better than being able to rent your own apartment!

You know, I think homeless people are the luckiest, they spend all their day outdoors, in the sun, doing absolutely nothing and they have no worries what an amazing lifestyle don't you think?

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itsTacoYouDigg t1_jb2zw77 wrote

by being priced out of buying a home they’ve already started planning for retirement by investing in a 401k plan, which is actually a better deal than buying a house especially with rates & prices so high. Sometimes the grass is greener. If they rented by themselves they definitely wouldn’t have been able to invest so much

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