T O P

Most of the people that are upset about wealth inequality in the US are just coddled young adults that grew up in middle to upper class households and are upset that they cant live the same lifestyle as single adults with zero working or life experience.

Most of the people that are upset about wealth inequality in the US are just coddled young adults that grew up in middle to upper class households and are upset that they cant live the same lifestyle as single adults with zero working or life experience.

CheckYourCorners

Housing, rent and schooling prices have risen far faster than income. It's not entitlement its fact.


Intellegent_mortal

Yeah and upper middle class!? What tf is OP on about? The upper middle class are the ones buying up all the homes cuz its the new trend.


idrinkapplejuice42

Has the quality of housing also gone up dramatically? The answer is yes. How many homes had central ac and heating a 100 yrs ago? The average house size has also more than doubled since the 1950s while the average number of people per household has dropped. And which education has risen in price? Certainly basic information and a basic education is much more accessible now than ever before. Khan academy which practically offers a k-12 education is free. Universities have gotten more expensive because we over value them. Idk where everybody got this idea that the only way to be successful in life is by spending 100k on a liberal arts degree, but its patently false.


CheckYourCorners

My parents were buying their first home 30 years ago not 100. The number of people per household has dropped partially due to the already rich boomers buying up second houses. Try putting Khan academy on your resume. Who said anything about liberal arts degree? A two year program at a technical college has also risen by about 500%


idrinkapplejuice42

Your points are non sequiters. Still the quality of housing is higher today than it was 30 yrs ago. Your explanation for decreasing number of people per household makes no sense. Google the definition of household as you obviously arent aware of it. You dont need to put it on your resume. Not all jobs hire based on credentialism. Its about having concrete skills. There are tons of affordable schools and technical colleges. Most low income people can find a way to get a free college education. Nobody does there research apparently. Theyre too focused on the problem and dont actually search for solutions that do exist.


_Woodrow_

Why are you just hand waving away his points instead of adjusting your stance to include and account for the information you didn’t consider?


idrinkapplejuice42

I didnt handwave. I addressed their points.


_Woodrow_

Did you? Saying “nuh-uh” isn’t addressing


idrinkapplejuice42

Which point specifically do you think I didnt address?


cliu1222

>The answer is yes. How many homes had central ac and heating a 100 yrs ago? Where I live, most non expensive houses still don't have that. If you want one that does, it'll likely cost you at least $500,000 if it is a 1BR condo.


idrinkapplejuice42

Even if they dont have internal heating and cooling systems you can purchase heaters and ac units relatively inexpensively.


4thColour

Why are you moving the goalpost right now?


_Woodrow_

Moving the goalposts and hand waving away any information that doesn’t back his decided narrative


idrinkapplejuice42

Im not. My claim from the beginning is that housing is still affordable overall and although housing prices may have increased thats also largely because people are buying bigger houses with better features.


cliu1222

With AC units, it would depend on the type of windows you have. If they are not the kind that open up to down, you will have to get a portable a/c and those can easily cost hundreds of dollars.


WaterDemonPhoenix

Not sure if its where you are but the homes quality did not increase. Homes are aging but some how price still going up in Canada. 900k for a 40 year old home that was 500k ten years ago. Almost double in price. But wages have not doubled in ten years.


Kumquat_conniption

My home, that is now worth over a million doesn't have central ac. Do you really think our parents lived without heat lmao


boopbeepbi

I graduated 2 years ago with a degree in Astrophysics from a good college with no debt because I worked since 15 to be able to pay for it. I sacrificed every summer and every weekend in high school as well as working full time on top of being a full time student in college so I could pay for school. Now? I can’t get a job that pays more than $23 an hour. I have to work two jobs to be able to pay my rent on a 1 bedroom apartment and put money away for a car or a house in the future, but I won’t be able to afford a down payment for years. I’ve worked 70 hours a week for the past 9 years, have a good degree, have valuable skills, and have a great resume, but I still don’t have the financial freedom my parents had when they were my age. It’s not even close. So, you’re wrong. Everything is way more expensive today and younger people complaining about wealth inequality has nothing to do with laziness, and everything to do with rising costs. Also, we’re fed up with boomers telling us we need to work 100 hours a week in order to be worthy of food and housing.


cliu1222

You must live in a cheap area. Where I live, you would never be able to afford a 1BR making that much. You would barely be able to afford my wife's former place which was a studio that was located in a dangerous area and was (in some case literally) falling apart. It was still $900/month and that was considered mind blowingly cheap for the area.


idrinkapplejuice42

Im sure you can get a job that pays more than 23 an hour although it might not be immediate. And if youre being truthful 23 an hour at 70 hours a week is 83k a year pretax. Thats a great income for somebody in their 20s. As I mentioned in another comment you can get into a house for no money out of pocket although 10k would be more realistic. You just havent done your research.


boopbeepbi

Dude I’ve been applying for other jobs for over a year and nothing over 23 has considered me. And my argument was that working 70 hours is unsustainable and unreasonable, and I only did it to pay for school. It would be really really dumb to buy a house right now. Are you serious? They’re insanely overpriced because the older generation has bought them up. My “research” shows that it’s best to wait until the next housing crash so that I don’t get stuck holding a $400,000 bill. A house is supposed to be an investment, and at these prices, they’ll only lose value. Why do you think that you know better than the rest of us? That you’re the only one that works hard? It makes you sound pretty naive and insensitive.


uhcrapsomething

Yeah that's the crux of your whole argument "*I'm sure* its easier than you claim" without actually knowing what the hell you're talking about. Your assumptions are wrong.


ModsRCorrupt

>70 hours a week Bro, that’s two jobs. Unless you know of some job that is insane enough to require 5 days of 14-hour work a day, or 7 10-hour days. (Maybe working an oil rig in the middle of the ocean?) It sounds like you don’t have much experience here in the real world (ironic since your post is a weird strawman against people just like you).


idrinkapplejuice42

Hey he said he worked 70 hours a week. Im just trusting what he told me. And like I said if he wants to go down to 40 hours a week hed be making about 50k. Am I supposed to feel bad about somebody making 50k? Is that what you consider poverty?


ModsRCorrupt

> Am I supposed to feel bad about somebody making 50k? Is that what you consider poverty? Poverty? No. Definitely not enough to live on like it was in previous generations.


Intellegent_mortal

Bitch I grew up low income and go to American public school. It’s all bullshit, your expected to work more, your expected to do all this shit for school just to get to collage just to be in debt for the rest of your life and not even be guaranteed a job afterwards, meanwhile gentrifiers are everywhere and everyone is buying out all the houses so now we’re gonna have to rent till the housing market crashes and a shit ton of people go homeless AGAIN. Wealth inequality is being complained about those it affects the most too Yk.


idrinkapplejuice42

So what... youre in high school? No offense but I feel its hard to have an understanding of your actual options while in high school. I certainly did not envision the career path that I am currently on when I was in highschool. If youre actually low income you can almost certainly get a college degree for free by applying for need based grants and going to a cheap school. Not to mention there are many ways to be successful that dont require college. And you can get into a a home with no money out of pocket although if you could have 10k or so saved up thats much more realistic. Yeah youre probably not gonna buy a house right out of high school but theres no reason why you couldnt do so before 30 if you make the right choices.


5omkiy

High Schoolers today have way more knowledge about the costs of housing and post-secondary education than you clearly do. I’m a senior and we spend an hour long class every week learning about how to pay for college, housing, and setting a post-secondary plan. My parents bought our house in 2001 for ~200k on a mortgage they won’t pay off until my brother finished college. We’re pretty solidly middle class and the housing market has exploded so much our house is now worth upwards of 600-650k. It’s a 3br 2b house with no ac and barely functional heating. We can’t afford to move, and there’s no where anywhere in denver me or my siblings could buy a house for what our prospective careers will make. I want to teach high school, but even with a bachelors and masters and 20+ years of teaching, i wouldn’t make enough to buy the house we currently live in.


idrinkapplejuice42

Thats good that youre getting that education. The denver market has increased a ton but its not impossible to find housing. Youre confirming my claim in my post though. Youre expecting to find the same living situation on your own fresh out of high school as your parents have been able to afford as a two income household after they had already established themselves in their career. This is a good goal, vut its not what you should expect to have access to tomorrow. I moved out and started supporting myself in Denver at 20. And am on track to buy a home before 25. In city of denver condos and townhomes are going to be more affordable than single family homes and are a good place to start. If you look at the greater denver metro area youll find single family homes starting at about 350k which is equivalent to about a $2000 housing payment. Not cheap. But doable with a dual income household. The rule of thumb is to pay about 1/3 of your income or less for housing which means to afford a 2k monthly payment you should have 6k in income per month. So 72k per year household income. Or 36k per person. This is below the average income per capita.


5omkiy

Your point would be valid, except my parents were immediately able to buy a house in atlanta fresh out of seminary, which then exploded in value, and used that to get the house in denver. They certainly worked in there, but the vast majority of our house was paid for by the old ones value. But it’s too late for any of us to get that value explosion, because people are buying up all the cheaper stuff and making it way higher than even a dual income can afford


5omkiy

Also, while I would like to get married and have a family, you shouldn’t NEED a second person in order to get a house. Lots of people never get married and should still be able to afford a house without needing a roommate or spouse


idrinkapplejuice42

Why shouldnt you? I just dont understand where that thinking comes from. For sure you could probably afford a one bedroom condo on a single income. But idk why people expect to afford 3 bedroom single family homes on a single income.


Bootybandit6989

Lol go to school for something thats worth a penny.Not some stupid over crowded field.


yunglegendd

At the end of the day, if there are no career opportunities for a field, colleges shouldn’t offer them as a major. Well at least not public colleges. That being said, most people don’t want to do STEM work. It’s boring, depressing and it doesn’t have the job security that it did 10-15 years ago. Lot of Uber drivers with comp sci degrees.


Mercurydriver

Agreed. I tried studying mechanical engineering in college and I fucking hated it. It ruined my mental health. I’m so happy that I was able to leave college and pick up a trade in the construction business. It’s much more suited to my learning and mental type.


Intellegent_mortal

What’s worth the penny? Going for what I like may not be a prosperous field and I may not enjoy what jobs are prosperous. I guess I’ll just pick being financially not well off or being miserable cuz I have a job I don’t like.


4thColour

Ignore these ghouls. Do what makes you happy, don't be a wage slave, control your narrative.


Bootybandit6989

Get a degree thats worth a penny.or get a trade.


CantSayDat

This is the most childish take on the issue possible haha.


albertnormandy

Tell me you’re uninformed without telling me you’re uninformed.


idrinkapplejuice42

Tell me you dont have a serious rebuttal without telling me you dont have a serious rebuttal


albertnormandy

I have read your replies to other posts. You have no idea what you’re talking about. Study after study shows that the cost of living relative to wages is getting higher and higher. A man in 1970 could work at a factory and support his young wife and kids. Not anymore. https://www.aei.org/carpe-diem/chart-of-the-day-or-century-3/ Seriously, it took like 10 seconds to google this. The only things on that list cheaper than they were in 1998 are food and electronics. Everything else is rising in price faster than rises in wages.


idrinkapplejuice42

I didnt say that that was incorrect. Its a red herring that doesnt address my post. Wages not keeping up with the cost of living is a misleading stat. The things that have increased in price the most are also the things that have increased in quality the most. Yes people paymore for housing now but people also have higher quality housing and more square footage per person. Yes people pay more for medical care but they also have higher quality medical care and are much less likely to die from things that had no cure 50 yrs ago. You know why people cant afford to raise a family on a single income? Because the labor supply doubled when women entered the work force. When you increase the supply of labor you also lower the cost of labor. Its inevitable. So yeah most people need a dual income household to raise a family.


4thColour

>The things that have increased in price the most are also the things that have increased in quality the most. You are Gen Z. Have the self awareness to realize this is a ridiculous statement coming from you and its laughably incorrect, and even if it were true it's not a good argument for why wages aren't tied to inflation.


idrinkapplejuice42

https://www.politifact.com/factchecks/2019/jan/30/kamala-harris/are-paychecks-failing-keep-inflation/


Shimakaze771

It’s not a red herring because it addresses your points perfectly. And your “rebuttal” is just plain incorrect. Boomers weren’t able to afford a house because they saved. They were able to afford a house because it was dirt cheap and they basically earned the same as people earn today. There is no difference in quality. The productivity of workers has increased massively over the last 50 years. Their wages however have stagnated. This means that the profits from increased productivity have gone to the owners of businesses, in turn it has created an ever increasing wealth gap. Meanwhile the cost of living has increased. The cost of a small apartment has increased by several times while providing no absolutely no difference in quality. It is the same house as in 1980. This means that people have to pay more to get the same standard of living as generations before hem while wages have stagnated. The owners of businesses are running away with the money the workers made by increased productivity while lying nothing in return.


albertnormandy

So you spent the first half of your reply saying a problem doesn’t exist. Then, your last sentence tries to explain why it does exist. Which is it? And having recently bought and sold a house I can tell you that housing prices are insane right now and have been for years. Even modest homes in the sticks are selling for $300k+.


idrinkapplejuice42

Its simply a cultural shift. Its not a clear that its a problem per se. Women wanted to work and now theyre working. Houses are still affordable, its just that two incomes are required in most cases. Is this good or bad? Who's to say? Yeah 50 yrs ago you could have bought a home on a single income.... as a man. Women couldnt buy homes independently. The rate of single female home owners has skyrocketed. The home ownership rate has fluctuated between 60% and 70% since the 70s. So the overall rate of home ownership hasnt really changed. Its not necessarily a problem. Its just a different dynamic.


albertnormandy

“Cancer isn’t really a problem, it’s just a new factor in the overall equation determining the length and quality of your life that you have to account for.”


idrinkapplejuice42

I mean this isnt quite the perfect comparison but the reason why cancer is more prevalent than it used to be is because people are living longer and not dying from other diseases. When you solve one problem youre bound to run into another. Like I dont know what youre really advocating for here


cornishwildman76

We live in a world that for some holding down a job, two jobs does not provide an income that provides am opportunity to survive. This is wrong and needs to change


Bob84332267994

Ok boomer.


idrinkapplejuice42

Im gen z


Bob84332267994

That’s sad.


gatorlizard27158

Grow up, then.


uhcrapsomething

This the opinion of someone who hasn't bothered to actually look at the facts. In other words, its a shit opinion.


Puzzleheaded_Ad_5710

I think most people that moan about it online are, in the real world not at all.


IanArcad

It would have been nice to see some statistics about this. From the research I've seen, young people on the left are more likely to suffer from diagnosed mental disorders.


WaterDemonPhoenix

Curious about the diagnosis. I forgot what the study was but it said that people who identify on the left were basing things off of one negative emotion forgot what, while the right was a different negative emotion, fear. It was a study in negative emotion. Would be great to know what the positive is


IanArcad

The analysis came out of Pew poll data and it was based on self-reporting. (Liberals reporting their own mental issues LOL.) This [Washington Times](https://www.washingtontimes.com/news/2021/apr/22/white-liberals-more-likely-have-mental-health-cond/) article references the Pew poll and the additional analysis - if it doesn't get you to the source let me know and I'll look for something better.


WaterDemonPhoenix

Naw this good. Thankd


DeflatedDirigible

Or poor people who chose not to marry the father(s) of their children, started having kids before getting a terminal degree or license, and now struggle to juggle raising a bunch of kids with multiple jobs and expensive daycare. Graduate, marry, save…then reproduce if desired.


boopbeepbi

It’s really fucked up that the two options you’re presenting are 1. Live your life in an unhappy marriage or 2. Be able to afford to live


Kumquat_conniption

Wow how completely wrong you are about everything. If you had taken just a few minutes to look at the numbers you could see it. Like how much in work hours did their down payment take? Or how many work hours did college cost? But since you are so incredibly off, take my upvote.


cliu1222

You are really generalizing here. Where I live, the price of house have rose tremendously recently. For example, my uncle was able to buy a house around 1989, for around $90,000. He had only recently come to America from what was then one of the poorest countries in the world, didn't have anything more than a H.S. education and didn't speak English well. Today that same house with no upgrades would easily be worth well over $1,000,000, well out of the range of anyone who isn't at least upper middle class.


idrinkapplejuice42

Sounds like he bought in an area that became an urban center? Then move 20 min out of the city where prices arent outrageous. Home ownership is generally cheaper than renting in most markets.


cliu1222

No actually, the place is in a suburb. Where I live, you would have to move like 50 miles outside the city for houses to be remotely cheap.


idrinkapplejuice42

U probably dont wanna dox yourself but if you send me the area ill find you an affordable home.


cliu1222

The SF Bay area.


Daplesco

It's a bit of a drive, but there's pretty affordable housing near Merced.


cliu1222

Merced? Live there and your commute (assuming you work in the SF Bay area) can easily be 2 hours each direction without traffic. That place is nowhere near the SF Bay area. You would be correct if/when they finish the high speed rail.


Daplesco

Ah, I thought they already had sections of it finished. I mentioned Merced because I have old classmates that live there who commute to the Bay, and according to them it’s about 1-1.5 hours commute. Still a while, but I’d argue it’s worth the much more affordable housing (even for a college town, it’s pretty cheap).


cliu1222

That depends entirely on where in the bay they are commuting to and when they do it. If you feel that 1.5 hours/day each direction is acceptable commuting time, you are out of your mind.


Daplesco

Suppose I’m out of my mind, then. To me, 1.5 hour commute each way is nothing.


cornishwildman76

So young people are wrong for expecting to be able to get a job that provides a living wage that allows them to save for a deposit on an affordable house? Go take a look at wages and house prices. Either you are trolling or you cannot do math. Take your pick?


idrinkapplejuice42

Its 100% possible. People whine instead of finding solutions.


Puzzleheaded_Ad_5710

This seems like a classic case of taking peoples internet rantings as exemplary of the real world. By default if your on here ranting you got more time on your hands than the average working class folk. I used to work in adult social care, there’s people in there 20’s - 60’s working important, hard jobs that pay barley enough to get by on. Some of them are trapped in an underclass of service and manual workers that don’t have enough to live comfortably never mind invest in themselves through education, training, etc… for some people jobs like that are stepping stones, for others they’re permanent, for the upper middle class they know it’s temporary and will move on to better paid things. I don’t think it’s whining for those who are trapped in such places to push for more money, most of these jobs are the ones needed for society to function, we can do without marketing managers, not so much without care home workers, food processors or labourers, so it’s about time they were paid in relation to their value for society in my opinion. That’s not to say there isn’t a phenomenon of upper middle class university educated young people thinking they are in that underclass because they have done such jobs for a bit while they study etc but your never gonna hear from the workers I’m talking about because they’re too busy working, not online all the time. But don’t make the mistake of thinking every young person, or low income worker fits in that stereotype millennial bracket, therefore everything is fine, the people it hurts the most your least likely to ever hear from.


ravioli_king

I've been poor living in a tent in California after growing up in a pretty ghetto area. I never thought oh if only I was white things would be better. Instead, I took my loss and moved to a cheaper state and crawled my way up. I found something I was good at and made money doing it rather than keep doing stuff I hated and I wasn't good at.


gatorlizard27158

Your opinion is bad and you should feel bad about having this opinion.