• GrouchyGrouse [he/him]
    ·
    3 years ago

    The same article in a decade: "Zoomers weren't supposed to sublet sleep pods from Millennial renters"

    I'm so tired of this shit.

    • zifnab25 [he/him, any]
      ·
      3 years ago

      So much of this shit is just "Capitalism can't fail, only be failed". Thirty years of structurally incentivizing the crafting of square pegs for round holes can't be the fault of the Friedman-Era Chicago School gang that laid out of the blueprints for where we are today. Y'all are just doing it wrong! Big number was supposed to go to infinity, but then people started doing things that prioritized their own well-being above a national economic score counter.

  • adultswim_antifa [he/him]
    ·
    3 years ago

    The rational and efficient market at work. Oops we forgot to build houses for a decade! Oops we didn't think millennials would live this long! Clearly this is the best system possible.

  • cybernetsoc [he/him]
    ·
    edit-2
    3 years ago
    • Camilla: Sir, you should unmask
    • WSJ: I wear no mask
    • Camilla: (Terrified, aside to Cassilda) no mask? No mask!
  • volcel_olive_oil [he/him]
    ·
    3 years ago

    "uhhh could you PLEASE wallow in misery for eternity, like the caricature we've constructed? thank you" :dril:

      • Bloobish [comrade/them]
        ·
        3 years ago

        The new line is somehow even worse: "The generation that supposedly didn’t want to buy things now accounts for over half of all home-purchase loan applications; economists expect them to bolster demand for years". Oh you want to live in a home and not be renters forever!? Well fuck you, you ruined the market being greedy!!!

      • Speaker [e/em/eir]
        ·
        3 years ago

        Might want to use this archive link, instead: https://archive.md/iYTO5

  • aliases [he/him]
    ·
    edit-2
    3 years ago

    What bad writing,

    Line in the second paragraph says "generation that spurned buying their own homes" and links to an article (I guess to source the claim) to another article about how everyone was being kicked out and only afford to rent.

    How does this even get published

    "But sitting on the sidelines meant missing out on one of the biggest sources of wealth creation for past generations: equity in a home. In 2019, households of older millennials had a net worth about 11% below expectations based on what older Americans had at the same age, while younger millennials’ net worth was 50% below, according to the Federal Reserve Bank of St. Louis."

    That's more of a story

    (Link: https://archive.md/iYTO5#selection-4727.0-4731.53, thanks to Speaker)

  • PrettyEll122 [she/her, they/them]
    ·
    edit-2
    3 years ago

    A little off topic, but oh yeah, dressed like him for Halloween when I was 16. Made a few kids scream as I slowly took off my mask.