So let’s start this off right. The median house in 1950 was around 100k in todays dollars. Currently the median house value is around 450k. So there you go housing is 4x more expensive now in this generation. Rent in my city is 2,500 for a studio and the median income is only 3,000 a month here. Ok housing sucks but what else?
Well the price of college has actually outpaced inflation by 3x for the last 40 years. College now is around 100k for the whole package while graduates on average make 50k coming out.
Next, the cost of living is actually insane across many parts of the country. Hell, the used car market is up 100% from three years ago. Used to be able to buy a used car for 5k that ran now that’s at least 10k.
You thought I was done. Nope. Healthcare costs are now just so insane. The average night in a hospital is 2,500 before any of the treatments. Basically at this point if you get cancer just declare bankruptcy.
Oh and we inherited a late stage capitalism overvalued equity market which will likely soon display “japanification”. So gen z most likely won’t make 100% returns in our 401ks like the boomers.
You probably won’t understand my pov if you got a huge inheritance or something. I’m just saying this generation is not “lazy” we have been absolutely screwed by the system and the boomers greed.
Also all this “productivity” in the economy is just taking away jobs from people who actually need them. Most of my friends with degrees make 50k and are just done with this stupid system. Sorry for my anger lol.