Re:Percentage of Young Americans Living with Parents Rises t...
by icebraining on Thursday December 22, 2016 @07:12AM
(#13236725)
Be careful about generalizing from your own experience. Only 0.4% of Brits own a second house, let several large holiday homes. While there were certainly some years of rapidly increasing consumer welfare, most of their gains were in stuff we take for granted today, not luxuries.
Re:Percentage of Young Americans Living with Parents Rises t...
by madaxe_again on Thursday December 22, 2016 @09:09AM
(#13237305)
I'm not generalising - as I say in my comment I know I'm exceptionally fortunate.
Re:Percentage of Young Americans Living with Parents Rises t...
by icebraining on Thursday December 22, 2016 @09:59AM
(#13237601)
No, I'm talking about the lavish lifestyles of our ancestors.
Re:Percentage of Young Americans Living with Parents Rises t...
by golergka on Thursday December 22, 2016 @08:04AM
(#13236966)
It is quite fair when you take into account the change in the wealth of people all around the world, not only first world countries.
That's the issue with this thread: it's only first world perspective, about the time when the difference in income between countries around the globe was completely radical. With globalisation, it jist evens out.
By 34 they owned a huge house in the country, several large holiday homes abroad, three cars, private education for the kids, first class flights (for them - I always flew alone to school, economy), motorbikes, you name it.
At the same age, I've done very well for myself compared to my cohort - I own a basement flat and a one bedroom cottage with no roof up a mountain, and have savings - this was from being a director and founder of a 50-ish person business with £MM turnover. I am incredibly concerned for the rest of this generation - if I feel insecure - how does someone renting on a zero-hour contract feel?!?
Part of the myriad resasons I quit my business to wander the world is that I'm done paying for the lavish lifestyles our ancestors enjoyed. Bluntly, it isn't fair, and I'm fed up, and I'm not taking it any more.