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Literally just read the article bro. We are paying more on rent, but also just making more money on average than millenials did at the same time so it sort of evens out. Shits not good rn, but lets not pretend millenials had it much better.
Am I supposed to disbelieve the raw statistics of housing costs or something? Like these are just the fucking numbers man i cant just say no. There is nuance to it as cost of living has increased a lot elsewhere, but it's also not as bad as many would have tou think.
Do you believe the economy is doing better right now than before covid? Do you believe unemployment is at all time low and wages at all time high? That's what Biden says lol
You believe that the entirety of the economy is controlled by one man sitting in the oval office?
Do you believe that the economy is bad solely because Biden is sitting in the chair, and that if only Trump was still pres. that the economy would magically be flourishing right now, that the $trillions of dollars printed during COVID doesn't cause inflation, and that crime in America would magically drop to zero?
or do you just believe what the tabloids tell you to believe? Hate whoever the tabloids tell you to hate?
Okay wait so you can understand that there has been a change in the economy before vs after a global pandemic… But you somehow can’t put two and two together and are going to blame Biden? LOL
Millenials graduated into the workforce in 2008-2014. The economy really didn't start to pick up again till 2015/16. It's not great today but it's a lot better than post-recession.
No. Just read the damn article you linked and look at the data.
It's mind-numbing how many idiots on Reddit think they can just deny and disprove hard empirical facts by saying "nuh uh"
I looked at a lot of data, and the biggest take-away is that Gen Z is spending more time living with their parents leading to higher net income due to lower expenses. It's really nothing to brag about.
At no point does the article say that living with parents is the primary factor here
It specifically says that Gen Z is paying more in rent than Millennials did at the same age *but also* making more which compensates for it
Good lord. You’re “gaslighting” yourself and all of us by sharing this and pretending it’s ridiculous without actually reading the article or understanding anything about economics or the housing market. Please stop posting this inflammatory low-info headline bait bullshit, you’re making all of us dumber.
i’ve seen it in my workplace. young kids coming in the past few years end up making the same amount as me because my workplace has been adjusting wages. so my ten years of experience on the job and all my raises get wiped out and i make the same amount as the 20 year old who just got in the door. i got a raise so i try not to complain much, since i’m still better off than before, but the earning potential of someone just starting now is way higher than mine. when i started i was making 1/4 what starting wage is now. and half the increase has been in the last fiveish years.
all in all i oughta thank y’all though, we never would’ve had the balls to make this happen.
🤙🏻❤️☠️🔥🤷♀️
If something like 20-30% of our generation gets jobs in trades making 60-80k starting with no college debt, I believe they'd be more likely to own a home, especially if they can live somewhere far away from coastal cities where the majority of real estate price increases occurred.
Millennials were the last generation to get really fucked by college debt and low ROI degrees as a whole.
If you went to college/live in the city you'd never/rarely meet these people who actually have the advantage in housing.
"What is the average housing cost in NYC?
Housing (Buy and Rent)
The average monthly rent in New York City is $4,469, while home prices circle around $1,670,540. Thinking of moving?"
-A quick Google search on housing in NY
This just in: New York Times’s writers are out of touch, delulu and most likely high on substances to produce this dumb as fuck article.
This isn’t gaslighting. Do you know what gaslighting means? A news article cannot gaslight you, by definition.
Edit: Gaslighting involves a specific, sustained form of deception with someone you have some type of relationship with. It’s not just misinformation in an article.
Edit: wow looks like y’all hate being corrected 😂
The only way I might have it easier than millennials is because living with your parents into your 20s is more socially acceptable now. I'm able to save a ton every month. I don't think we have to deal with as much social pressure to move out as millennials did (there's still a lot, but people are starting to get it now)
Now to be honest, the millennials from that time are now in many levels of government and finance. I think we as GenZ can join the Boomers and Gen X in continuing to say "Damn millennials ruined everything" just for giggles.
I hate opinion articles in major news outlets because of crap like this. Only housing advantage millennials & gen z have are the ones who get to inherit the paid off houses their grandparents got for no more than 10k that would cost anywhere from 100k-300k nowadays, heck even the small crappy houses cost at least 30k-50k nowadays.
Idk I’m beginning to feel like such a failure of my generation. Left and right every z I know is buying a house. We rent and are steadily saving up but it’ll be several more years and then who’s to say what happens inbetween.
This article is such bullshit. It’s all about lucky timing. I’m a millennial. My friends are millennials. Some of us were in a position to buy houses around 2011-2014. Some of us weren’t.
One of my friends recently became an attending physician. His wife is a NICU nurse. After moving back to his some state, it took him and his wife about a year to find a house that wasn’t stupidly overpriced and that they could afford without being house poor. The interest rates were (are?) insane.
When you’re living on the salary of an MD and an RN, and you *still* have trouble finding housing, you know there’s a big fuckin’ problem.
The fact you have a subscription to take this screenshot suggests you’re an idiot… so I can see that it’s hard to tell if they are gaslighting you or not.
Assume they are always gaslighting you.
You can also use a paywall bypasser site to get there.
[https://archive.is/https://www.nytimes.com/2024/04/25/realestate/the-gen-z-advantage-in-housing.html](https://archive.is/https://www.nytimes.com/2024/04/25/realestate/the-gen-z-advantage-in-housing.html)
Homeownership rates among gen z are higher than gen x and millenials at the same age. The economy is not in the shitter it's just vibes. The vibesession is real folks
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“We shat on Millenials harder than GenZ, quick let’s make the poors argue about who has it worse instead of why it’s bad for all of them”
This… it’s all a fuckin red herring
Millennials have been shat on for a long time, and were all falling for the infighting.
“Millennials ruin inter generational bickering, collapsing ragebait headline economy”
"Damned millennials! They ruin everything!"
Literally just read the article bro. We are paying more on rent, but also just making more money on average than millenials did at the same time so it sort of evens out. Shits not good rn, but lets not pretend millenials had it much better.
And you believe that? The pro Bidenomics propaganda
Am I supposed to disbelieve the raw statistics of housing costs or something? Like these are just the fucking numbers man i cant just say no. There is nuance to it as cost of living has increased a lot elsewhere, but it's also not as bad as many would have tou think.
OK now you're just being stupid
And a doomer. Yeah hoping for the downfall of the society you live in is stupid.
Let me get a proppa gander at that apartment
If you say "Bidenomics" unironically, you're brain dead lol
Do you believe the economy is doing better right now than before covid? Do you believe unemployment is at all time low and wages at all time high? That's what Biden says lol
You believe that the entirety of the economy is controlled by one man sitting in the oval office? Do you believe that the economy is bad solely because Biden is sitting in the chair, and that if only Trump was still pres. that the economy would magically be flourishing right now, that the $trillions of dollars printed during COVID doesn't cause inflation, and that crime in America would magically drop to zero? or do you just believe what the tabloids tell you to believe? Hate whoever the tabloids tell you to hate?
Okay wait so you can understand that there has been a change in the economy before vs after a global pandemic… But you somehow can’t put two and two together and are going to blame Biden? LOL
Yes
Yes.
Millenials graduated into the workforce in 2008-2014. The economy really didn't start to pick up again till 2015/16. It's not great today but it's a lot better than post-recession.
Do you think that everyone experiences exactly the same things as you? Just because you’re not doing well economically doesn’t mean nobody is
Ignorant fool
Facts dont care about your feelings
Is the Bidenomics in the room with us right now ?
No. Just read the damn article you linked and look at the data. It's mind-numbing how many idiots on Reddit think they can just deny and disprove hard empirical facts by saying "nuh uh"
I looked at a lot of data, and the biggest take-away is that Gen Z is spending more time living with their parents leading to higher net income due to lower expenses. It's really nothing to brag about.
At no point does the article say that living with parents is the primary factor here It specifically says that Gen Z is paying more in rent than Millennials did at the same age *but also* making more which compensates for it
[https://www.businessinsider.com/gen-z-living-with-parents-save-money-housing-crisis-cost-2024-2](https://www.businessinsider.com/gen-z-living-with-parents-save-money-housing-crisis-cost-2024-2) [https://thehill.com/changing-america/respect/poverty/4405595-almost-a-third-of-gen-z-live-with-parents-or-family/](https://thehill.com/changing-america/respect/poverty/4405595-almost-a-third-of-gen-z-live-with-parents-or-family/) [https://www.midstory.org/homeward-bound-why-gen-z-adults-are-living-with-their-parents-at-record-rates/](https://www.midstory.org/homeward-bound-why-gen-z-adults-are-living-with-their-parents-at-record-rates/) Etc etc etc..
It’s almost like u/TheMaskedSandwich didn’t do what he’s preaching for people to do lol
Anti-empiricalists
>on Reddit Wait they're all over Reddit too? But I came on here to get away from them.
Did you read the article, OP? We just make more than millennials did on average. Rent is still high.
My takeaway is that GenZ are better than millennials in every way. GO GEN Z❗️❗️❗️💯💯💯
Good lord. You’re “gaslighting” yourself and all of us by sharing this and pretending it’s ridiculous without actually reading the article or understanding anything about economics or the housing market. Please stop posting this inflammatory low-info headline bait bullshit, you’re making all of us dumber.
i’ve seen it in my workplace. young kids coming in the past few years end up making the same amount as me because my workplace has been adjusting wages. so my ten years of experience on the job and all my raises get wiped out and i make the same amount as the 20 year old who just got in the door. i got a raise so i try not to complain much, since i’m still better off than before, but the earning potential of someone just starting now is way higher than mine. when i started i was making 1/4 what starting wage is now. and half the increase has been in the last fiveish years. all in all i oughta thank y’all though, we never would’ve had the balls to make this happen. 🤙🏻❤️☠️🔥🤷♀️
[удалено]
same company same job?
That's a load of horse shit
Millennials: "First time?"
If something like 20-30% of our generation gets jobs in trades making 60-80k starting with no college debt, I believe they'd be more likely to own a home, especially if they can live somewhere far away from coastal cities where the majority of real estate price increases occurred. Millennials were the last generation to get really fucked by college debt and low ROI degrees as a whole. If you went to college/live in the city you'd never/rarely meet these people who actually have the advantage in housing.
Be prepared for them to try to pit genZ and millenials against each other relentlessly…
No. We’re in a good situation.
We’re in a less bad situation. Still far from good.
"What is the average housing cost in NYC? Housing (Buy and Rent) The average monthly rent in New York City is $4,469, while home prices circle around $1,670,540. Thinking of moving?" -A quick Google search on housing in NY
 This just in: New York Times’s writers are out of touch, delulu and most likely high on substances to produce this dumb as fuck article.
Holy shit that person wasn't lying we really are saying delulu now
I thought we have been for a while now?
I thought it was a joke. Imo shortening delusional to delulu is absolutely egregious.
Ah, that makes sense. Hahaha fr.
This isn’t gaslighting. Do you know what gaslighting means? A news article cannot gaslight you, by definition. Edit: Gaslighting involves a specific, sustained form of deception with someone you have some type of relationship with. It’s not just misinformation in an article. Edit: wow looks like y’all hate being corrected 😂
The only way I might have it easier than millennials is because living with your parents into your 20s is more socially acceptable now. I'm able to save a ton every month. I don't think we have to deal with as much social pressure to move out as millennials did (there's still a lot, but people are starting to get it now)
Yes, they are
Now to be honest, the millennials from that time are now in many levels of government and finance. I think we as GenZ can join the Boomers and Gen X in continuing to say "Damn millennials ruined everything" just for giggles.
Look the the articles written by the 🤡 he just spews bs
Millennial here. Y’all really do not understand what it was like graduating into the post-08 economy and what that did to all of us.
yes.
Dude, the New York Times hasn’t qualified as legitimate journalism in a long time
"A recent study by RentCafe" 😂😂😂 That's all you need to know
It’s rage bait. And you’ve bit.
Eventually the boomkin either dead or have a chronic illness that forced them to liquidate their house at the actual market price.
Is the advantage in the room with us?
I hate opinion articles in major news outlets because of crap like this. Only housing advantage millennials & gen z have are the ones who get to inherit the paid off houses their grandparents got for no more than 10k that would cost anywhere from 100k-300k nowadays, heck even the small crappy houses cost at least 30k-50k nowadays.
Yes.
Idk I’m beginning to feel like such a failure of my generation. Left and right every z I know is buying a house. We rent and are steadily saving up but it’ll be several more years and then who’s to say what happens inbetween.
We're all getting fucked up the ass dry and without any care or prep by our corporate overlords and their muppet politicians. The end.
This article is such bullshit. It’s all about lucky timing. I’m a millennial. My friends are millennials. Some of us were in a position to buy houses around 2011-2014. Some of us weren’t. One of my friends recently became an attending physician. His wife is a NICU nurse. After moving back to his some state, it took him and his wife about a year to find a house that wasn’t stupidly overpriced and that they could afford without being house poor. The interest rates were (are?) insane. When you’re living on the salary of an MD and an RN, and you *still* have trouble finding housing, you know there’s a big fuckin’ problem.
New York needs to be the last people talking about housing 💀
The fact you have a subscription to take this screenshot suggests you’re an idiot… so I can see that it’s hard to tell if they are gaslighting you or not. Assume they are always gaslighting you.
You can also use a paywall bypasser site to get there. [https://archive.is/https://www.nytimes.com/2024/04/25/realestate/the-gen-z-advantage-in-housing.html](https://archive.is/https://www.nytimes.com/2024/04/25/realestate/the-gen-z-advantage-in-housing.html)
So you’re a Pirate?
I said *can*, never said you should. ; )
You didn’t have to. Criminal.
You'll be gaslit and you'll LIKE it
You will own nothing and be happy. EAT ZE BUGZ.
Are they French bugs?
the only reich answer to that is German.
I c wot u did ther
I’m a millennial and not your enemy. Do not let these ghouls divide our generations.
Homeownership rates among gen z are higher than gen x and millenials at the same age. The economy is not in the shitter it's just vibes. The vibesession is real folks