How Gen-Z "Became" the Poorest Generation
(youtu.be)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (23)
sorted by:
Yeah, it's the same in Europe too. I bought an apartment about 6 years ago, my mortgage is laughably low now compared to current rents in the area and in the meantime the place appreciated by at least 100%. My salary is around the 90th percentile in my country, but if I was buying now, there's no chance I'd ever save up for the 20% downpayment (+5% realtor's fee). It's not even a particularly nice place, it was a brand new building but it's still a 60m2 flat in a gypsy ghetto.
2 of my cousin's kids are young adults now and unless something drastically changes, they'll never own a house or a flat, there's just no way.
And then everyone wonders why the birth rates in so-called developed countries are so low. Surely importing another million illiterate sandniggers will help.
My first house was "drive 'til you qualify" too.
It makes perfect sense to me why people are either dropping out or going all-in on highly speculative things like crypto. When possible outcomes are flattened, your best options are to not play the game or to shoot for the moon. Anything else is a sucker's bet.