Owning a home on a single income is too expensive.
Owning a home is too expensive, period.
Renting a home on a single income is too expensive. <--we are here
Renting a home is too expensive.
this post was submitted on 06 Dec 2023
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Let's hope we move further up the list rather than slide further down
gen x here - I had roommates for 15 years or thereabouts after college, and when I finally made it out on my own it was in really shit apartment after ghetto af apartment.
it's not just a gen z issue
Yeah, as an elder millennial, this is just how it is for all of us, unless you live in the middle of nowhere (but then there's no jobs there).
Is there a generation that could afford to rent by themselves in their early 20s? Maybe a room in a flophouse.
I'm gen x and was able to rent a studio on my own for a few years in my late 20's. Then the recession hit and that lifestyle evaporated. These days I live in a vehicle.
That's us. Hey buddy, I just hope you know that I know what it's like, feel free to pm me if you're feeling angry or sad about anything
I appreciate it but I'm doing ok. Fortunately, I foresaw this outcome and prepared for it instead of being forced.
Nope, just media brainwashing us into being pissed at other generations when it's the ultra rich (that just so happen to own medias) that are the real issue.
Hard to say.
Ah well then, thanks for lowering my expectations, I honestly hoped I would be able to get an engineering internship and a home loan within the next ten years of my life but hey I guess sometimes things are meant to go to shit
If you’re in a well-paying STEM career you’ll be able to afford a house eventually, depending on your location.
Well cheers for the good wishes yeah
The greatest generation spawned the worst one. All of us after them suffer.
The greatest generation had some great marketing. About the only thing that was “great” about them, really.
I for one hope gen z is better than previous generations. They got a lot of trouble coming their way.
Well they did win two world wars, which is two more wars than their idiot children, the boomers managed against weaker opposition.
But thats about it for their achievements.
I never felt fighting in a war was inherently honorable of valorous- its not necessarily a thing to be ashamed of, either. that either war broke out was a failure of diplomacy (and of willful desire... lets not forget there were people on both sides- in both wars- spoiling for a fight.)
In any case, they also were responsible for McCarthyism and the Red Scare; the Dixiecrats and opposition to civil liberties... and plenty of other unpleasantness. No. the name is hyperbolic- they weren't some super-human distilled-goodness sort of group. They were just... people. Some were more-bad, and some were more-good. Most had the good and the ugly in equal spades- like every other generation.
I believe the greatest generation is yet to come. Might be gen z. Might be the kids they raise. But we'll see.
Are you both sidesing Hitler lol? We let him get away with a ton of shit to try and avoid a war.
No. far from it. and you're right. there was a lot of appeasement that happened. (Austria, Czechoslovakia. Poland...) and while france, the UK and the USSR were all down for appeasement... there were plenty of people who were very hawkish and wanted a more direct military confrontation- Churchill became a very unpopular figure for his opposition to Appeasement, for example. I'm also pretty sure Stalin himself outright hated Hitler (I do know Hitler hated Stalin with a passion... including fucking over their momentum to break the non aggression pact. Ostensibly they needed oil. They could have steamrolled the middle east, who were armed with ww1-era cast offs. his military leadership wanted to do just that.)
US became Isolationist after ww1, but even before the war, FDR was hawkish- but restricted by the neutrality acts. Which he flouted all the same to supply China against the japaneese in '37. FDR did manage to get some concessions the acts (like cash-and-carry); and eventually got them repealed with lend-lease. As much as Americans showed up late and took credit anyhow. (heh.) one of the critical factors leading to an allied victory in ww2 was the allied industrial output. IIRC, the US alone was outproducing the entire Axis- for examples, the US commissioned 140 carriers and 18 or so battleships (we dove head first on carriers,) Japan had 15 carriers and 10 battleships. we similarly outpaced them on subs (though our subs were very different than the German raiders.) we also outpaced on tanks, aircraft (fighters, bombers...) weapons. munitions.
Something to think about... because I see a lot of parallels with Ukraine, and the Spanish Civil War. Including that both HItler and Putin are not mere assholes. but assholes.
I'm also pretty sure Stalin himself outright hated Hitler (I do know Hitler hated Stalin with a passion...
They were both keenly aware that their alliance of convenience was only ever going to end in one of them trying to consume the other too after the convenience ran dry. You don't stop at conquering half the world.
there's that, too.
In the UK they implemented the NHS, State pensions and national housing.
The boomers are doing their best to fuck all of that up for us though.
How many people are renting alone? I dunno anyone who can afford that.
My cousin does it, but he makes 6 figures, so hes not exactly the most struggling person. Basically if you work a regular ass job, the likely hood of being able to afford rent alone is pretty low.
Both my gf and I could pay our expenses on a single salary and we're far from rich, we just made the decision to live in a town of under 10k instead of a city of millions...
Edit: I find it very funny that I get downvoted every time I mention that living comfortably outside major city centers is possible... If everyone that's now 100% remote moved to smaller towns, cities might even become affordable to live in!
I mean.. I couldn’t afford my own apartment until I was in my late 20s and all the places I lived in until my 30s were shitholes.
Okay, how old are you now? Give me a ball park?
Also, does everyone have to have a shitty time because you did?
Your experiences don’t invalidate other people’s.
I don't think they were trying to invalidate the experience of Gen Z. Just expanding by saying this has been an issue for decades, this isn't 'news' to anyone under 40.
Also, does everyone have to have a shitty time because you did?
Literally putting words in my mouth.
I'm in my late 30s. Regardless that's a bit of a leap on your part to suggest that sharing my experience is invalidating others. It might be somewhat invalidating the narrative the article is putting forward however, but that's probably warranted.
Point is that this has been a problem for a long time. Is it worse now? Sure, rents are even more insane than when I was growing up and pay still sucks. But needing room mates was a thing for me and the majority of my friends growing up.
This isn't a new problem like the article seems to suggest. Also historically there's a greater precedent for people living in shared spaces than not, if we're being fair.
You're not complaining that things haven't gotten better; your complaining that renting single is something other generations had which has been taken away. It isn't.
No generation has had a majority able to rent alone until they enter mid career. I'm middle-class, American Gen-X, and I had the same experience op did.
Housing has gotten worse. I wasn't able to afford a house until I was in my 30's, and had a wife with her own income. The boomers were an exeption, not the rule.
I do feel as if housing is even less affordable than for Gen X, and is getting steadily worse, but renting has always been this way.
It was too expensive for me, a 28 year old, 10 years ago.
Absolutely no way I could have afforded an apartment on my own and it's only gotten worse since then.
Article title is “Renting alone in Miami is too expensive for Gen Z”.
That aside, it does have some interesting statistics about Gen Z moving back home and Boomers moving to apartments.
I knew 2 dudes who rented alone. Both of them lived in shitholes and paid a fuckton for it.
It has ALWAYS been too expensive for the vast majority of Americans to rent their own place, for ALL the generations.
My greatest/silent generation grandparents never had their own places.
My boomer parents never rented their own place solo.
My Gen-X ass has only rented my own place for 1 brief 6month period in a VERY low cost of living area, and then again for a couple years after a divorce at which time I was 20years into a very high paying career, so I don't think it's a terribly valid example for the majority of Americans.
I'm not saying housing costs aren't too high, they absolutely are! But this is nothing new. And frankly it's annoying to keep seeing it posted and harped on constantly as I see it as a distraction from real issues that need to be addressed in the areas of housing costs, pay and healthcare costs that need to be fixed.
Currently splitting the rent with my mom because neither of us could afford to live alone.