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Why Do So Many Young Adults Live At Home? Record 34.5% Of California Millennials Live With Parents
A record 34.5 percent of Millennials live at home with their parents in California. This rate is higher than the national rate of 30.3 percent which is already incredibly high. There is ample evidence suggesting that Millennials simply do not want the same things as their Taco Tuesday baby boomer parents. And many simply don’t want the McMansion aspiration since many are going to have small families. This is an interesting shift. Boomers are trying to off load larger crap shacks to an audience that is more interested in smaller more centrally accessible properties. In California, those young adults that aren’t living at home are likely living in a rental and paying close to half their income on housing. Good luck saving that 20 percent down payment on a $700,000 crap shack (or $1 million crap shack in the Bay Area). So why do so many young adults live at home if the recession ended in 2009, more than half-a-decade ago?
Young adults living at home
It should come as no surprise that there are a record number of young adults living at home. A Fed study found that one major reason stems from younger Americans having massive debt, largely in the form of student debt. The latest figures show student debt outstanding at $1.3 trillion. This is an increase of $1 trillion in the last decade or so. So many young adults are starting life with a mini mortgage already.
Let us look at the changing trends here:
Source: Census
In 2000, only 24.6 percent of those age 18 to 34 were living at home with a parent in California. That number has increased by nearly 10 percent to 34.5 percent today. Why this is significant is this is the age range when households begin to form. Keep in mind this is household formation meaning buying and renting. Not only is it hard for young people to buy a home in California but many are confronting the rental Apocalypse head-on.
It is expensive to purchase a home when your income isn’t keeping up as well:
Inflation adjusted income for Millennials is down and household costs are up big time. In California, housing prices are driven up by investors, foreign buyers, and a large dose of NIMBYism. So many young Californians are left living at home deep into young adulthood.
Usually the urgent house humping rush to buy comes from adding members to your household. Yet the size of the American family has been shrinking dramatically. All logic is tossed aside when there is this sudden urge to nest. I get countless emails from those with little babies or people that are pregnant that suddenly “need” a bigger home. Screw planning for retirement, we need a crap shack now! But overall, there is less pressure from Millennials because many are waiting to get married:
In 1980, 44.6 percent of those age 18 to 34 were never married. In other words, the majority in this age group was already married. Today, 68.8 percent in this age group have never married. That is a dramatic shift in household dynamics. And once married, how many kids will these couples have? It is interesting that the larger baby boomer homes are serving their purpose as their adult kids come back and live at home.
And this also impacts the retirement situation for these boomers. Many will try to help their kids to purchase a home so there goes a big chunk of money. Many don’t have this money so simply allow their kids to stay at home keeping them from actually selling their property to downsize. What is abundantly clear is that the Millennial age group is having a tough time buying homes in California. California actually leads the nation with young adults living at home.
But you want a starter home you say. Here is a starter home for you:
706 N Madison Ave,
Los Angeles, CA 90029
1 bed with 400 square feet
Let us look at the ad on this starter home:
“Great starter home! This is a fixer upper but full of possibilities for the creative type! Close to LA City College, shopping, fwy access and downtown L.A. Property is being sold in its current “As Is” condition. Great opportunity for investors: property is in RD1.51XL zoning!”
This place will only cost you $409,000 and is full of “possibilities” as the ad says. The current tax assessment is based on a value of $49,680 so gear up to pay 10 times the amount of annual taxes as the current owner.
This is thanks to California NIMBYism like thinking. And you wonder why the young in California are living at home in record numbers.
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Yet somehow, the young keep asking for it. Its truly something to watch, from elsewhere.
It is a good life when you can reject reality and substitute your own
If $400,000 gets you a 400 sq foot shed, I'd just sign up for public housing, EBT, Obamacare and an Obamafore. I may as well focus on getting laid and enjoying the sun @ the beaches close to LA.
No need for a McMansion if you have a bed and two older servants taking care of you.
free trade bitches
trump is right - tariff every import, no matter which company's logo is on it
boom
Better internet service for live streaming multi player video games ?
sure....it can't be they can't afford the outragous house prices and massive taxes?
LOL my brother rents a 700 sq shack with no heat or ac for 2200.00 a month. Quite amazing.
Bcoz, the ZionJoos are continuing the plan to internationalize America in prep for the New World Order. Americans will be disenfranchised to the point of becoming thrid world insurgents as the international wealth class fully takes over.
Simple, because their parents have all the money. Their parents were the last ones to step into boom times America. That generation was the last to find many good paying jobs available, and lots of room to move up. Today the job market is stagnant, and failing. The parents have the house, the two to three cars, the company pension, health care plan, a decent wage job.
It's simple, there are two Americas the booming one of parents, and the failed state America of the children.
A generational divide that, along with ever growing wealth inequality, is deeply harmful to the social contract upon which the post war social/economic dynamic relies. Few seem to ponder the long-term consequences of it all.
Same this side of the pond in the UK. Now they've pushed everyone into private pensions on-top of paying the existing old gov pension, probably to their parents. What a time to wammy the young, debt to the eye balls from college, no good job living at home with parents who enjoyed the start of all of the wealthfare state system which now needs paying for by the same poor suckers who have nothing but a bit of paper with a grade on it.
When that bunch of young become wrestless and realise there is little hope - at some point there might be change and you can bet soro's has his fat finger ready on that play.
"A generational divide that, along with ever growing wealth inequality, is deeply harmful to the social contract upon which the post war social/economic dynamic relies. Few seem to ponder the long-term consequences of it all."
What bullshit.
Eirik Magnus Larssen, the old libtard Scandinavian who laid down on his back and threw up his legs for the Muslim hordes who invaded his country, should happily give them all of his belongings in order to alleviate "wealth inequality and preserve the social contract upon which the post war social/economic dynamic relies."
Dont forget his penchant for chimpfucking.
This shit was starting well before 2008 too. I remember guys who got into the good paying trades, electricians, iron workers, all being constantly laid off because they didnt have seniority in their unions. By 2008 only the old guys were allowed to work - go by a high rise construction site in NYC or Chicago, it looks like old timers convention with token minorities thrown in for quota. I knew skilled grads in all kinds of fileds working barista jobs after work or weekends just to make ends meet since they were "starter jobs" with low pay, no benefits in urban centers where the work was. PHD researchers working in the labs of big pharma making maybe $40K a year with $100K debt. This was all pre-2008, post-2000 dot com. So this shitstorm has brewing a loooong time and it's about to meet the proverbial fan. Because when societies stop having babies, creating families and believing in the future, they fracture, fall apart or go crazy, non of which are good options.
In biology average starting postdoc salary is 45K the world over - try living in the high rent districts where the institutes and companies are on that. Family formation my ass!
I have a MS in Biology and was a field biologist for UC-Davis. The work was interesting and didn't pay shit, however I was good with computers (that was why they hired me). One day I noticed there was more work for web developers, so I jumped.
Over 20 years ago. Never looked back.
Today I have a 20 yo daughter and 15 yo son. We live in "our own" (not paid off) home in the middle of Silicon Valley, I plan on adding three apartments on the back for the future, to rent or keep for the kids. Kids say they won't work in technology ... except that they will. Not encouraging them to go away to college -- certainly not if it means going into debt -- and my daughter is doing it the right way; living at home, no car no bills, part-time job she likes, and attending the local JC until she gets her lower division course work done. Then to a local State college paid in cash. And -- done. Marriage and probably a family for her, an educated mother who was left with no debt and real options (and a grateful husband) after she graduated.
My son will be 10 years behind her.
They can live at home as long as they want, taking one of the roomy apartments I'm planning. They can live at home forever it's fine with me, help pay the mortgage when I get tired of start-ups and want to build houses instead. Raise their families together under one roof with the folks helping look after the little ones just like was done back in the Olde Country (pick one).
Anyone wants to sneer at that, go ahead. But that's the shape of what is to come. The days of bounty are done, everything is going to get tight. Nobody is landing a good job and buying a home and starting a family anymore. Chinese hot money will drive up the price of everything (except wages) on the west coast of North America until you have to be a millionaire with cash to buy a shack. Well gee I guess we're already there. My kids are living in Silicon Valley, and surrounded by employers, so long as I can keep the house. And I intend to.
They'll be counted among the lucky ones.
My parents sounded just like you. I went to school in the mid 90s. They said your staying in state unless you want a lifetime of debt. They said the oppurtunity to start and grow a business like they did wouldnt be there for us. They let me move back in after college and I lived there for 3 years and saved $75,000, enough to put down on a starter house before they went insane in the 2000s bubble. If it wasnt for that 3 year period, I would be like most my age trapped on a never ending treadmill of debt, rent and no savings. Good for you, a lot of nay sayers will blast you for it but they dont get the world has turned and you need to stick together to make the best of it.
"The days of bounty are done, everything is going to get tight. Nobody is landing a good job and buying a home and starting a family anymore."
The only ones land jobs in the Silicon Valley now are H1-B, L-1 visa holders and illegals.
I like your plan. I'm also impressed you have managed to carve out a stable little bubble here in California.
I'm relocating to Texas in the next 2 years and plan to have a big house on some land out there with the same arrangement that my kids and their family will always be welcome to come back and live with me. Maybe I can add different structures (like a mother-in-law unit) or just add to the house.
I want a safe place to fall back on for my family - if they manage to succeed and be indepenedent great. They can save my place for their kids when I am gone.
Society is already falling apart, it just doesn't fit the MSM's 'All is Well' narrative.
I know that neighborhood. It's a shit neighborhood.
Don't worry, plenty of Chinese will snatch up those larger homes. And they'll pay all cash, 25% over asking price too. I for one welcome our new foreign overlords.
Anyone old enough to remember when the Japanese were buying up everything in the 80's? (it's all a cycle)
LOSERS!
I want to upvote you for the gif...want to downvote you for being a jackass...tough.
-10 for your pornographic avatar, moron.
This is what your Congresscritters do to you . . . every day. Except they have some hard dick for your buttcheeks.
It's a computer animation about how a train works I think.
dude, it took me like 15 seconds to decipher the animation..
If I could have them back, I would probably continue staring 15s more.
you need your eyes checked, I knew what that was in .15 seconds (and kept looking for another .15 seconds)
Yea, I am on a broken phone screen and it was instantly obvious what that gif was.
In California, housing prices are driven up by investors, foreign buyers.
This will keep housing out of reach for normal youth. Housing in California is seen as the World's best money laundering and safety Deposit box in the world. BRICS millionaires are buying up everything not in the slums.
Actually around here the foreign buyers have shown less fear of the slums than the hipsters even.
I have friends my age (27) that still live at home yet have better paid jobs than mine. It's a mindset with some not just a financial decision.
i get paid more than many of my peers. yet live (work) in an expensive city.
So paid more = fewer assets. For me at least. Do I mean a cheap car? No, I mean no car, no land, no house.
wah wah, crybaby- I know. If I just work... alittle harder... alittle longer.... some day ill achieve...
We live in the same city ;)
You can afford to move out working at MacDonalds if you have a housemate where I live.
A lot of this is due to the Arrested development of many people of this generation. Just look at their priorities, the people that are presented to them as role models and their spending patterns. Don't worry a hard wake up call for this Country is right around the corner.
You need to drink water when you get up in the morning.
actually i think its because i didnt "write down all the things im grateful for" every morning.
all that means to me is that economic conditions have alot more room to worsen.
so many more millennials can lose their jobs or run out of money from imaginary inflation.
And still fall back to leaching off their aging parents retirement fund.
love doctorhousingbubble
+1 for repeated use of the term "crap shack"
That's one of my favorite terms from that blog, too! Always good for a chuckle.
Marge: "That house is delapidated!"
Mr. Hutz: "I'd say 'Rustic!'"
Marge: "That house is on fire!"
Mr. Hutz: "Motivated seller!"
Or get a decent job and allowed to work over 30 hours a week.
Forget about Millenials! My two brothers aged 43 and 46 live in my mother's home in SF. The older brother has never lived anywhere else, and to be fair he has psychological problems that make it real difficult for him to function in the real world, and he takes care of my mom. My youngest brother lives in a granny apartment downstairs with his two kids as there is no way he could afford to even rent a place in SF, and he works in South SF.
Median rent for 2 br in SF is 5500/mo.
The problem isn't the kids, it's the parents. When I graduated from college in 93 during a recession with no jobs, I could only take their crap for a few months before I moved out and rented a room from a friend. Parents today don't demand anything from their kids. I had to basically do all the chores/yardwork/cooking at home including helping my dad with "special" projects. They also wanted daily updates on my job search and made a form for me to fill out. My neighbors across the street have a 22 year old living at home and I never see him do shit.
@ Mick, EXACTLY
Same here..I felt to 'obligated' even after high school to live by my parents rules/duties/etc even after high school....so I lived off as much as possible in college and immidiately after graduating I hit the road on my own path completely. My parents were late in the Silent Generation and expected me to work and pay my own bills if I wanted anything. I never felt entitled to anything....only knew that if I wanted something I needed to work and save for it. If I wanted to progress, I had to work and be better than others in that field. If I wanted to eat or go out and enjoy myself, I had to work first.....there is a central tenant here...work. It's missing in America now
Guess you got a Dishonorable Discharge from the FSA! :>D
Were your parents Baby Boomers?
What are you babbling about, what the millennials "want", if they have no money they're not expressing what they want. And then if the ones who have a little money prefer to live in rabbit warrens downtown that make your crap shack look like a palace - then you can see why the others don't have any money.
They were all trained to make these kinds of bad decisions, they don't know how to discriminate shit from shinola, they want to live in a commune with nine other people and three shared chopsticks. Imagine their good judgment in voting for politicians.
Got to have their $1,000 iPhones. Their supporting their own economic demise by the Wall Street banksters.
Actually not from what I've seen. If they're paying themselves, they always go for cheaper Android phones on prepay plans.
The iDiots
yea i never understood that...
$1,000 iPhones for - email, texting, calling, facetime, selfies, music, video, internet, candy crush
I use my 2 year old android for SSH, WoL, VPN, workgroup, logmein.
I have a custom launcher with new message app, lock screen, animations, widgets. Same or better OS than the newest androids.
It took me a while to understand the value of assets like land and housing. Someday they will understand when they can have all the tech they want but cant retire because of rent.
Why? Rather simple. Because the millennials would rather earn 0.01% interest on their bank deposits than pick up the almost 200% on the SPX since March 2009.
Moral of the story; Don't be a Millennial.
Alternative moral: Go long stocks at opportune times.
Millenial pussy isnt even good. Gotta hit up the Milfs for a better time.
I had to have a letter notarized this am. The notary was a blonde. Approx 62. She still looked
pretty good. I bet she was drop-dead knockout gorgeous in her 20s.
im starting to think we should just send all the millenials to the dog food factory.
but then again they probably wouldnt make good dog food either.
Almost all western women have the same sexual experience and knowledge as a whore. It's actually a huge turn off and makes almost all western women simply unmarriageable with their vaginas that look like an exploded cigar and assholes so loose all their farts are silent.
Yea, the repeated stock crashes have traumatized the shit out of us and we don't want to give our hard earned money, that we traded our lives and freedom to get, over to the Jewish casino so we can be raped. Oh wait, holder cleaned up and put the bankers in jail. Oh, I meant he "cleaned up" with his $77,000,000 a year job at JP Morgan...
Home used to be a boring and oppressive place teens wanted to get out of. These days the outside world is boring and depressing. Socializing is done electronically. Visiting places is no longer someone one has to do in person Entertainment is cheap. Medication abundant. Parents subdued through their own meds and too busy paying bills to pay attention and have no patience, no will, no character.
When a baby cries you can shut him up with a lollipop. The problem is that a quick fix will act as a reward for misbehavior and the next time the kid will be even less benign. TV will babysit for free, but through media garbage and lack of human interaction it'll only feed the violent urges and add to psychosis later in life.
So give your kid a med, take a pill yourself and act like everything's hunky dory.
The generation is messed up inside out on every level. Whom to blame? Much easier to ask whom not to blame? Is it kids? Yes. Parent? Yes. Politicians? Yes. Media? Yes. Banks? Yes. It's everything. Social degradation and inability of our fragile human minds to deal with fast-changing realities and the desire to seek escape that the modern life provides for generously.
Just blame the jooz, hell everyone else does.
Fraudulent FED fiat has led to moral degradation over the last 40 years.
wow thats sad. Cant say you're wrong on the whole.
There are a few, few people that live alternatively with meaning, purpose, pride and fulfillment. So dont give up all hope.
Most of these kids grew up in a prison system called "public schools". The prisoner mindset is evident in just about everything they do, if you observe them in college and at work. This will also reflect in their political views when they get older.
As a parent I have to make it a point to spend time with the kids outside as much as possible. It was easy once I accepted the fact that my wishes / wants must be for my children to be successes. So with that in mind I am happy when they are learning and growing. That meant that Daddy no longer has the luxury of watching TV or playing video games (time waster anyway). Basically I had to choose and accept the fact I had to grow up and be a man, not a boy in a mans body. I don't think this Millennial generation has made that choice and their parents haven't done a good job at preparing them either. Don't even get me started on the war on Masculinity. I think that the war on Men in general is something that is causing this problem to become even worse.
Brought to us by the ever growing state, funded by fraudulent fiat/debt. End the FED and the war on men gets automatically defunded. End the US budget deficit and this war gets severely curtailed. I look forward to a currency collapse, like the USSR 1991.
MEFOBILLS economic plan, since you didn’t ask. Millennials especially should pay attention:
Write a bill and issue it from Treasury. Tell the FED they have to take said bill onto their books when it is redeemed at private bank. This action is easily within the operations of banking double entry mechanics. Said bill expands FED’s books in the same way as QE, but it is not a debt instrument that requires redemption. (Fed doesn’t really redeem its public debts anyway.)
Said new MEFOBILL will be directed into paying down mortgage principle. On the face of the bill are the instructions that it is only good for paying down principle of a loan.
When the bill is presented at the bank for discount, the FED (or Treasury if Congress has some balls) will then issue new money equal to face value of bill. The bill is examined and certified that it is being discounted properly in the way specified. A legal body would have to be set up to do this function.
This new money will then enter banker ledger and disappear. Since it disappears when it decrements principle in ledger, it is non inflationary.
No new money entered money supply, but instead the action was to unhook the future from having to pay onerous debts.
What is the catch? Recipient of new MEFOBILL has to accept Georgist style rent taxes. Properties rental value is to be taxed.
Once these rent taxes are in place, then income tax can be repealed. Income taxes are regressive and punish laboring producers. The concept of land rent taxes should be expanded to taxing unearned income. Free lunches should not be allowed in any economy. Free lunches are basically stealing other peoples output through high prices.
Recipient of Mefobill also will agree to not sell the home within X amount of time, in order to not immediately monetize the reduced principle. Prices of homes will be driven down, as new land taxes will dampen prices, and prevent price bidding. (Remember land taxes are neutral as income taxes are phased out. Taxing rent seeking will generally drive prices down and increase standard of living.)
Fraud was endemic in housing bubble, then QE is more fraud which has held bond and house prices high. This bubble bad economics needs to be undone, and victims should be bailed out, not finance Oligarchy.
What about those who aren’t mortgage holders, and did not directly get screwed over by housing bubble?
They get a MEFOBILL which specifies X spending on AMERCIAN MADE consumer items. It must be American made! The remaining X value can go toward a mutual fund, where recipient is a share holder in new industry. Perhaps American’s want to recover the Solar Cell industry they gave away to China? Paying down X amount of student loans could also be part of the bill, which then unhooks the future, and allows future earnings to not be earmarked toward debt payment. Paying down student debts in this way is also non inflationary, as the money is destroyed as it enters the ledger.
Say’s law, which is the circular flow of money, is NOT OPERATIVE in today’s economy. A large part of the flow vectors away to pay debt service of those that hold debt instruments.
Only 15% of debt instruments are held in real transaction economy, the rest are distributed primarily into banks (who create debts at moment of hypothecation) and also into finance, such as insurance and shadow banks.
By unhooking the future from debts, then Millenials will be able to spend their output in transaction economy rather than have it vector away to financial oligarchy. Rent taxes will suppress cancerous economics, by keeping Oligarchy from taking a free lunch.
Mefobills were how Schacht kept Germany from going into great depression. While the rest of the world was in depression, Germany turned and burned, building autobahns, housing, and also military gear. We don’t have to fund MIC as the bill is specified to channel toward its target audience.
General helicopter drops of money are a bad idea. It will go on to buy more China crap, and China recycles their excess dollars to buy American Debt (TBills). Helicopter money puts the future on a debt hook to a foreign economy.
Unhooking the future from debts could eventually be inflationary if too much debt is drawn down, as the future will then have too much money relative to goods and services production. But, that is unlikely, especially if rent taxes are emplaced, to then increase real GDP type activity.
"Once these rent taxes are in place, then income tax can be repealed. Income taxes are regressive and punish laboring producers. The concept of land rent taxes should be expanded to taxing unearned income."
You are trading enslavement of labor via the income tax with the enslavement of landlords via rental taxes. Why on earth would anyone bother buying and improving real estate if the State then gets all the profits? It's a dumb idea.
How about getting rid of income taxes AND property taxes, thus restoring Life, Liberty, and Property to their original undegraded status? Replace them with excise taxes (per the original Constitution) and reduce the size of government by 95%.
The all-encompassing, monolithic statist Greenbacker scheme that MEFO wants, makes Jim Cramer look like a calm, rational person by comparison.
Maybe stop calling them "Millenials". This shitty propaganda labeling is done to blow smoke up their asses and make them feel special, so they can be manipulated and fucked over like the Baby Boomers.
The Yalie elitist authors Strauss and Howe invented the term to relabel Generation Y in their series of books on that describe their cyclical generation hypothesis. They wrote books like "The 4th Turning" and "Millenials Rising" to expound on their generational theory, and perhaps to engage in a little self-fulfilling prophecy. Their basic idea boils down to the notion that that elites will rebuild their institutions of control every 80 years. The people who live under these institutions wax and wane in their support over time, which gives the appearance of change to the uncareful observer. It should also be noted that their initial area of interest was Social Security and the demographics of such. They were actually engaged in paid work related to this area when inspiration hit.
When Newt Gingrich started proselytizing a bit for them, handing out copies of their books to Congress, it was clear the concept of a new Baby Boomer generation was tremendously appealing to politicians. After the skeptical Generation X, who had been shat upon by the aging systems of society, proved to be an unfertile ground for the lies and false promises of the political class they were desperate for another group to arise and reinvigorate their air of legitimacy to rule. So the efforts to create a new Baby Boom was afoot, complete with ass kissing and promising the stars and the moon. You can see some of these efforts with the Congressionally funded National Conference on Citizenship's site:
Two Special Generations: The Millennials and the BoomersThe Baby-Boomers and the Millennials are both worthy of special attention. They are large groups: there are 77 million Boomers and 82 million Millennials. Millennials are showing strong interest in civic participation and reversing some of the declines observed among youth since the 1970s. Meanwhile, the Boomers are reaching the period of life when typically we see the highest levels of civic engagement, thanks in part to resources such as savings, networks, community ties, and knowledge that accumulate over time. The two generations are linked in that most of the Millennials’ parents are Boomers.
http://ncoc.net/226
By gerrymandering generational birth year lines, Generation X would be minimized out of existence and the marketing to the "specials" could renew in earnest. It is worth noting that in Strauss and Howe's own estimation, the original size of Generation X was near 80 million people. This would never do, so the definition of a generation was no longer simply time based, it was changed to reflect a set of "core values" that members of a cohort share based on common experience. The common experience of course is defined by the political class now to be those who obey and believe the State.
The problem for the political types and their oligarch masters is that Generation Y is broke and always will be. They cannot be lied to, just as they could not keep lying to Generation X because of life circumstances. By describing Generation Y in terms that are apt only for about 5% of the population, the "Upper Middle Class", they relegated "Millenial" to unimportance. And because they could not cram this upbeat, system believing mask onto millions of poor young adults, it has become a joke. This propaganda is useless for the purpose of forcing support among the admittedly group-minded Generation Y, as articles like these are pointing out more and more as time goes on. Generation X and Y share common experiences of being shit on by the 10%-shrinking-to-5% toadies of the State. They will not align with those who push 5% solutions, which is what the Boomers are also still being fed to this day by the propaganda machine. It's old and out of touch for everyone but those who live in that little bubble.
The failed attempt to control the population by divide and conquer is one of the more interesting developments of this crises era. Strauss and Howe may have been wrong about the nature of the cycle, but there is definitely an 80 year cycle at work in Western Civilization. We'll see if we are evolving, or if the psychopaths can pull off a world war.
Right. The credit bubble popped in '08. They can't finance the same BS even if they wanted.
Boomers are trash and they literally aided and abetted the genocide of all white people world wide. No sympathy should be shown to these disgusting boomer parasites.
wtf is wrong with you??
Where does an asshole with no real skills and their only talent being offended by things, live? With their parents.
That was highly offensive.
I expect you to give me a trigger warning next time so I can retreat to my safe space
Gotta give .gov credit as they get out in front of this shit. They know millenials can't afford housing and real food so what do they do. They push tiny housing/alternative housing as being a great person and they push beef and lobster as insensitive luxury items that will kill you. Millenials come to believe that they made the choice to like tiny houses and not like beef. .Gov gets a society that isn't pissed off because they can't afford stuff, they have been conditioned to not desire the stuff they can't afford.
+100...cheering for thier own destruction.....funny
Not this guy. Picking up half a cow this fall for my lowboy at home. Grass fed beef is the best.
Unusually insightful for this site full of shills and muppets. You are correct. This is the same thing you encounter in Europe. They are so proud of themselves. They can't afford cars or food so they walk and ride bikes and go to sleep hungry and believe they are just superior specimens in better shape than "amerifats .". And they can only afford tiny apartments and can't afford children because their communist governments steal all their lifesblood, sweat, and labor to fund non-white invaders. So proud of themselves and their glorification of poverty. But that is al it is, poverty. Euro-poors.
They borrowed money from the taxpayers (who didn't have it) to attend a college they couldn't afford to earn a degree in a discipline for which there are no jobs. I think many of them, in their last semester or so before graduation, realized that the students at Harvard and Yale (who did not have rich, connected parents) were in the same boat. The borrowed money will never be repaid, but has to fester with fees and increased charges until the bloated carcass can be dumped on the taxpayer.
Meg Whitman and Carly did not win their vote nor did those two bitches offer them anything.
Why is Carly still in the race?
Seriously can beat idiot shrew Boxer
Carly knows she is being held in reserve by the Republican Establishment to possibly use against Trump. She ticks off a lot of boxes (female, former CEO, but most importantly will do what she's told) so she's a "winner". She will be used or discarded depending on where Trump goes, and how the alternative "pets" look (namely Rubio and Yeb!, although Yeb! may be completely unsalvageabl)
Millennial here. Net about 130k usd per year and have for years now. Have a few hundred grand in liquid assets. There is no fucking way I would ever be dumb enough to pay some doomer parasite 700k for their Mexican built shit shack made of wood and dry wall. European homes are built of stone, including interior walls, and meant to stand for hundreds of years. American homes need a new roof every 10 years and are only fit to be torn down at 50 years. Disposable homes for a disposable culture and people. But I won't pay 700k euro for a European home either. Fuck you people, give them to the Mexicans and Muslims and die in your old folk's homes, alone, because you didn't have enough children to ensure your family, nation, and culture survived.
How's that global warming working out for you? They told white people not to have children and now you are being replaced.
Hey bro, you're in the one percent. GET HIM!
I don't think anyone told us not to reproduce, they just put us all in cages. White people don't like breeding in captivity. We're like pandas, the smartest of the bears, but also the most rare.
Bears are cool but I think we're more like lions :)
https://youtube.com/watch?v=sn4mVDtqi7g
Either way, if we withdraw support from this anti-white male civilization it will collapse.
+100
Is that you, Etrade baby?
Nah, I put almost none of my money in the casino. My wealth was accumulated the old fashioned way, you know, working and saving. Not betting on apple or chipotle in the Hebrew casino.
Right ,the Mexies and Muzzies dont care about global warming and all that BS.
They just get what they can and have no shame and spit out the spawn.
This is a bit of a complex situation and I speak as one who has older children, just under 30 and just over 30.
Both are doing just fine in their career fields.
Yes the job market sucks.
Yes college costs are sky high.
Yes parents are E-Z on their stay at home kids.
Yes many young ones have motivation "issues".
BUT parents needed to look ahead when their children were young ones and help guide them to an up and coming career field that they would enjoy.
Now their little ones are older, in their 20's or 30's and that window is closed, it's too late. SORRY.
When the competition for jobs is global, one cannot party until age 20 or 30 something, then begin to think about a career.
Couldn't of happened to a better group of Brianwashed Sheeple!
Do the fathers of the “Everyone Deserves a Trophy Generation” give high fives for making the girl scream?
Boomers thought their homes were FREE ATM MACHINES. Their grandkids should of put the sick pigs out to pasture long ago.
And now i know where those Russian Haters loooossseeerrrr coming from. From the small room's of his momma house!!
You're live so pathetically looser, so you blame it on other people, instead of yourself?? Yeah... riiiiggghhhttt..!!!
Let me guess.. you're like to take a photo of yourself and put it on some stupid ass socnet!?
Whining.. when you <7 years olds? That's fine. When it's done while you're >17? Pathetic..
I'll make to this reference (reading your pathetic whining comments here) the next time you comment on Russia/Putin's. I know a pathethic looser maggots like you, would take an opportunity to whine your looser life. That's the mental attitude for looser like you. And that's why i took time to read every comments, when article like this appears.
Putin's laughs like hell, seeing a loser commented "how great his loser life" compared to putin's self..
Bwahahahahahahaha....