It's not just Gen Z...
this post was submitted on 21 Nov 2023
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Yeah, as an elder millennial, I’ve never been able to afford to live alone. This is by no means a new problem, but it’s definitely getting worse.
I worked with a old woman in her 60s with a roommate in 2015. Her salary doesn't provide for her living alone.
For me, my rent doubled. So Im betting she's now with 1-3 more roommates since then.
Just got engaged to my long term partner. We live with 2 other people and, with the way things are going, we will be married and still sharing accommodation because 2 full time jobs aren't enough to cover rent AND food.
My bootstraps can't be pulled any higher. I work 6 days a week and spend my Sunday working on my web design business to try make ends meet. Thank god I'm paying my landlords mortgage. I can't imagine how they're coping at the moment...
Its a clown world.
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Are we pretending that millennials are affording apartments alone? Cause I know very few doing that. Moving back in with your parents, though, that shit's common.
I was gonna say, most of Gen X has had roommates since we graduated college.
The headlines just keep repeating. Insert newest generation and print
It's getting measurably worse at a fairly predictable clip - boomers had it easy, x/y less so, it's dark for milennials, and impossible for zoomers/alpha.
The guardrails were removed and wheels set in motion by the boomers so they could more effectively ransack the economy - everything since then has been a consolidation of wealth and power at the direct expense of workers.
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I'm in the Midwest. Most millennials I know are living on their own or with their partner. However, the younger millennials and gen Z I know? Very few I know aren't living with parents.
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Landlords dream of a future where they can charge so much for rent that you need 3 generations of people crammed into a tiny apartment to make payments.
Which would be exactly why the rest of us dream of a future where they don't exist
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Just a reminder.
In 1960, minimum wage was $1.00/hour and the average home was $11,000.
So, national minimum wage is $7 something, so homes should be about $77k, right?
Quick history of inflation in America. President Eisenhower started the US/Vietnam War, and JFK kept it going. Ike and Kennedy both wanted to keep it small, but LBJ made a major commitment of troops and air power to deliver a knockout punch. That turned into a quagmire where the US couldn't pull out without looking like losers. President Johnson [LBJ] started printing money to pay for the War, rather than raise taxes. Nixon was elected as a peace candidate. Nixon's Vietnam policy alone is worth several books, but we'll just talk about the US dollar.
Nixon doubled down on Johnson's bombing policy; the US factories were working 24/7 to make more weapons. Great, except the money was all paper. When the Arab Oil boycott hit the price of everything went through the roof. Suddenly stay at home moms were forced to get jobs to keep the family fed. In 1968 'middle class' was one job to support a family, by 1980, two income families were becoming the norm.
Then came Reagan. Big tax cuts for the rich were supposed to make everything golden again. In 1980, $1 million was considered a vast fortune; by 1992 it was what a really rich guy paid for a party.
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I'm a disabled millennial. I live in a dangerous old house with 5 roommates and I am still spending over half my money on rent.
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the traditional way of life has been snuffed out by the forces of capitalism. there's no point trying to live a normal life anymore, we have to forge a new path
The traditional way of life was multi-generational homes. If your goal is to live with as few people as possible, the traditional way of life is not for you. Why are you complaining about having the choice to live in homes with many, many fewer people than was traditionally required?
Lol, what? The American tradition has always, in the last century, been to move out as an adult and work your way up into a house and raise a family. On your own. What hell are you calling traditional? Farmer families from the 1800s?
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That's the point.
Expect things to continue to get worse as long as most people believe the disparity in wealth should continue to grow.
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This isn't new. I'm 43 so call me whatever you want, Gen X, Millenial, somewhere in between. I didn't live on my own (meaning without roommates) until about 10 years ago. And even then, I bought a house with my wife. so still kinda roommates.
Completely off topic, but in the article they say some apartment complexes are offering "private liquor lockups." Wtf?
Anecdotal, but when I was looking for my first apartment about ten years ago I toured a building that didn't allow residents to keep alcohol. Unsure if it's even legal (or enforced), but the landlord and property manager were a local pastor and his wife.
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20-somethings have always had roommates.
In New York or LA, sure. But in my hometown of <20,000 where rent prices have quadrupled in the past decade? No
Way to miss the fucking point by a damn mile bubba
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Yes, the rent is too damn high, but living in an apartment alone has been a luxury for young people as long as I can remember. I sure as hell couldn't afford it when I was in my twenties. I lived in a pantry for a couple years and didn't complain. This is a weird measuring stick.
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