BTW the point isn't to dismiss individual struggle. Everyone fights their own battles, but the point is that if you ask a 20 year old now when they think they could afford a house it is depressing.
In NZ, we needee a 20% deposit on a 600,000 house. So $120,000 liquid cash. Average Auckland houseprice is 900k, so you'd need $180k cash.
How many people have that kind of savings?
Do supermarkets pay enough to support a family and save to buy a house?
Might be suitable for some people, but not everyone can afford a low paying job
how can he tell me he knows what it was like in the 70s here in the US, when he doesn't even understand what it is like today in the US?Again, the only reason people arent working is because they have been paid to stay at home and do nothing for a year and a half. Unemployment ended just this month, once their little checking accounts dry out they will be begging for work that is a fact.
Or we can pay everybody $30 an hour and then people say they cant afford a house because it costs much more to build them and all their extra money is offset by the Supermarket's massive increase in cost of all food and every other tem in the store.
how can he tell me he knows what it was like in the 70s here in the US, when he doesn't even understand what it is like today in the US?
Lockdown clearly isn't working for Aussie. They need to find a new strategy. They're almost 300 days in lockdown in Melbourne. That's insane
Why is it relevant?
Doesnt change the fact it was easier to buy a house and get a job. Reality is reality.
Oh it’s working perfectly as intended. Oh wait you think anything you can’t fathom is crazy conspiracy talk.
Can you honestly and logically say what’s happening in Australia is about covid and public health?
I wonder how the average Aussie feels now about when they surrendered most of their guns over to the government years back?
i think that many homeless are vets with mental issues...for awhile i saw a lot of nam vets now they are getting younger from more recent wars.I think he is making some points, he is kinda sorta getting there but not really understanding our recent history as a whole, and alot of this is situational and alot of this is personal choice, personal life making decisions including the people they vote into office.
Poor people have never had it better....and yeah sure there is a massive homeless problem today but really, its never been easier to get free health care, food stamps, social benefits, subsidized housing. We have never in any point of time been more socialist. Im not saying being poor is great, and he is making a point that the bigs are getting bigger but alot of that stuff isnt going to get solved by doing stuff such as increasing minimum wage, that will only empower them.
I wonder if the majority of them are so dumbed down and passive that they aren’t even thinking about it. They are past the point of requiring violence against their government for it’s tyranny...
i think that many homeless are vets with mental issues...for awhile i saw a lot of nam vets now they are getting younger from more recent wars.
they are going to need to do a much better job of veterans outreach to get help for vets BEFORE they become homeless--they failed miserably with nam vets and i don't see much improvement.
one thing @Jiigzz doesn't understand is the impact that vietnam had on 70s...it was a very complicated time and all the movies and books don't tell the whole story, i hate to say it, but if you didn't live it, you don't know it--it really was a different time.
yes, it is very sad....The suicide rate these days is really sad.
could you imagine 50 years from now trying to explain to a 30 year old what it was like in 2021?
if you didn't live it no one is ever going to understand it-it's just too damned complicated...look at all the stuff that went on in the 70s-civil rights, vietnam protests, assasinations, civil unrest, womens rights movement, abortion, hippie movement, drug culture, nixon--all those things were happening for the 1st time back then, the older generation didn't know what to think.
did you even know that many back then bought houses with GI bill?But you can at least research those times and get the general gist of things, some people in foreign countries (this isnt really a shot at Jiggz) arent exposed and have had access to that history and group up around hearing and learning about it all the time.
did you even know that many back then bought houses with GI bill?
back to my point, if 50 years from now you were doing research on 2021 the 1st thing you would need to know is that all sources from this time period were biased---what resource could you trust to tell the truth?
the same for the 70s, look at all the lies about vietnam and the whole cuban thing plus kennedy--trust me the lies didn't stop there--almost every movie or book i've saw about the 70s had facts but also many half truths and many outright lies....i don't think you trust everything you read in a book about the 70s-eh?
there are many things about that era that people who didn't live thru it aren't going to know, no matter how much they 'research'I didnt know that actually.
you really need to pay attention--every store you go into in the US has a help wanted sign and most are giving bonuses.
that is what true REALITY is, not make believe crap you see on CNN![]()
The retail shortages (which are severe in my state) were certainly exacerbated by everything wrapped around the China virus and paying people a crazy amount of money to stay home. Aside from that though, our youth used to satisfy a great deal of these positions, and they didn’t necessarily require a wage that was capable of supporting themselves.Do supermarkets pay enough to support a family and save to buy a house?
Might be suitable for some people, but not everyone can afford a low paying job
The retail shortages (which are severe in my state) were certainly exacerbated by everything wrapped around the China virus and paying people a crazy amount of money to stay home. Aside from that though, our youth used to satisfy a great deal of these positions, and they didn’t necessarily require a wage that was capable of supporting themselves.
Generally speaking, today’s youth has horrific work ethic for anything even slightly physically demanding or doesn’t allow them to be on a mobile device at all times. Not to mention a lack of social skills. The demographic for these jobs isn’t really there anymore to the huge degree that there is still demand.
The suicide rate these days is really sad.
It’s also a huge burden on the healthcare system. We have so many intentional OD patients it’s absolutely ridiculous! It is sad while also being scary. It’s very telling in regard to the state of our country and the world today.yes, it is very sad....![]()
just to clarify we were talking about veteran suicides.It’s also a huge burden on the healthcare system. We have so many intentional OD patients it’s absolutely ridiculous! It is sad while also being scary. It’s very telling in regard to the state of our country and the world today.
Oh…Oopsie!just to clarify we were talking about veteran suicides.
What was the cost of your first home, and how much cash did you need
Oh…Oopsie!
Yeah, I mean it’s everyone though. Usually 50% or greater of our emergency department are people that are in crisis which generally means suicidal. Some are very young kids, less than 12 years old. Then you start reading nursing notes about what they say about their family life and you are like holy f*ck!
i used the GI bill to help buy 1st house--the option to join the military like i did is still open.
It’s also a huge burden on the healthcare system. We have so many intentional OD patients it’s absolutely ridiculous! It is sad while also being scary. It’s very telling in regard to the state of our country and the world today.

this is where we did have a advantage back in 70s over today...even though my father died when i was still a baby, the nuclear family was still intact for 95% of people i knew both black and white, and those people were all very poor.Oh…Oopsie!
Yeah, I mean it’s everyone though. Usually 50% or greater of our emergency department are people that are in crisis which generally means suicidal. Some are very young kids, less than 12 years old. Then you start reading nursing notes about what they say about their family life and you are like holy f*ck!
here is something for you to ponder...maybe just maybe, it was easier to buy a house back in the 70s because you had all of the vietnam veterans using their GI bill to buy a house.
this option is still available---i had forgotten that the GI bill made it possible for my wife and i to buy our house--my wife reminded me of this when i told her of our discussion.
housing costs fluctuate just like the stock market...look at 2006 housing prices versus 2012 housing prices.Maybe, but houses were also much cheaper and more comparable to annual income than they are now.
It make sense as well, how many people own homes as investments? And what do they hope investments do? Increase in value so people can sell at a profit or leverage the increase in value to purchase another investment property, and so on and so forth.
Then when a first home buyer wants to purchase a home, they have to try and save enough for a deposit at the same time they are trying to pay off student debt AND pay astronomical rent. The values of property continue to increase (year on year trends prove this), which forces younger buyers out of the market.
Now, with deposits required in the hundreds of thousands in major cities (where all the jobs are), people are purchasing homes much later in life OR are resigned to the fact that they may never own their own home.
The housing market globally is messed up. And there's no single solution, but as prices rise so too does rent.
No, I have never took it upon myself to look at their med list. I would venture to say the answer to that is yes though..Do you notice if most of the youngest ones are using prescribed psychotropic drugs?
Oh I can assure you it’s flat. It flat out f*ckin sucks!Yep when are we gonna flatten that curve?![]()
Of course there are some great young families still out there, and some of them even raise their kids to be respectful and responsible human beings. Far too many other families make we want to throw up- all over them.this is where we did have a advantage back in 70s over today...even though my father died when i was still a baby, the nuclear family was still intact for 95% of people i knew both black and white, and those people were all very poor.
even though my mother did the best she could, as a boy growing up i can honestly say it was a disadvantage not having a dad living in the house...imo, the break down of the nuclear family is a huge contributor to today's problems.
housing costs fluctuate just like the stock market...look at 2006 housing prices versus 2012 housing prices.
young buyers are not being forced out of the market, quite the contrary, young buyers are what is causing there to be more demand than supply which is a main contributor to the current prices.
millennials make up the fastest growing segment of buyers today, according to recent national association of realtors report---particularly, those in their late 20s early 30s are pushing this along the most---
my wife and i were almost 40 when we bought our 1st house plus i had the GI bill....
looks like young people today are buying houses like crazy, lol.![]()
They characterized millennial as being up to age 40 lol.
I'm not surprised people up to age 40 are trying to buy homes, but a percentage tells you nothing without contextual numbers to back it up.
If 1 millennial in 100 buys a house vs 1 boomer in 1000, the numbers would still say millennials are buying all the houses vs boomers, but it's only 1% of total millennials.
That data ignores the 99 millenials who can't afford to buy because it's only capturing data of those who HAVE bought.
They characterized millennial as being up to age 40 lol.
I'm not surprised people up to age 40 are trying to buy homes, but a percentage tells you nothing without contextual numbers to back it up.
If 1 millennial in 100 buys a house vs 1 boomer in 1000, the numbers would still say millennials are buying all the houses vs boomers, but it's only 1% of total millennials.
That data ignores the 99 millenials who can't afford to buy because it's only capturing data of those who HAVE bought.
JIiigz - You seem very hung up on home ownership. Are you homeless?
If you do have a house, where did you get the funds for the massive down-payment needed, you have detailed above?
They characterized millennial as being up to age 40 lol.
I'm not surprised people up to age 40 are trying to buy homes, but a percentage tells you nothing without contextual numbers to back it up.
If 1 millennial in 100 buys a house vs 1 boomer in 1000, the numbers would still say millennials are buying all the houses vs boomers, but it's only 1% of total millennials.
That data ignores the 99 millenials who can't afford to buy because it's only capturing data of those who HAVE bought.
They characterized millennial as being up to age 40 lol.
I'm not surprised people up to age 40 are trying to buy homes, but a percentage tells you nothing without contextual numbers to back it up.
If 1 millennial in 100 buys a house vs 1 boomer in 1000, the numbers would still say millennials are buying all the houses vs boomers, but it's only 1% of total millennials.
That data ignores the 99 millenials who can't afford to buy because it's only capturing data of those who HAVE bought.