Why Are Millennials and Gen Z So Broke? (It's Not Avocado Toast)

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  • Опубликовано: 11 сен 2024

Комментарии • 16

  • @EverythingBurger-pp7jw
    @EverythingBurger-pp7jw Месяц назад +25

    Not buying a house at the age of 5 was the worst financial mistake of my life

    • @bennettfong
      @bennettfong  Месяц назад

      I hear you on that one! Best thing we can do now is make the most of what we were given.

    • @jessie3302
      @jessie3302 Месяц назад

      😂

    • @V8Brah
      @V8Brah Месяц назад

      You didn’t have money at 5 so that’s an invalid argument

    • @mrbanditos3583
      @mrbanditos3583 Месяц назад

      ​@@V8Brah *Asian Parent voice style*
      Little Chen out there already got his first house and has his own several years old company, he is 9.

  • @joebazooks
    @joebazooks Месяц назад +8

    I’m from van bc Canada. Not only is housing unaffordable for most, it’s such low quality nowadays too…

  • @CordeliaWagner1999
    @CordeliaWagner1999 Месяц назад +6

    College should be paid by taxes.
    Education should be free, that's how a country progresses
    That's one of the reasons why the US is declining to a third world country.

    • @Jeremy-ot6pb
      @Jeremy-ot6pb Месяц назад

      third world country is a ridiculous exaggeration

    • @mrbanditos3583
      @mrbanditos3583 Месяц назад

      Free education will not fix that.
      It will make the issue even bigger when everyone will be able to become anyone.
      Basically the employer will be more likely to scrap you even more, because he can get anyone in the line.

  • @kozmaz87
    @kozmaz87 Месяц назад +4

    It is expensive housing. Without even watching the video. And housing is expensive becasue investors buy them all up. End of story.

    • @Matthiasrj
      @Matthiasrj Месяц назад

      Simple answers to complex problems are catchy and simpletons love repeating them over and over again.
      Oversimplification just to have someone to blame is just witch-hunting remastered, 21st century version.
      If investors were the main drivers, they would compulsively build more housing to drive their costs down and increase their portfolio, eventually leading to the market being oversaturated with supply and balancing itself out. However, that doesn't seem to be happening. Why is that?

  • @CordeliaWagner1999
    @CordeliaWagner1999 Месяц назад

    The houses in the 1950s were heavily subsidized.

  • @nietur
    @nietur Месяц назад

    4:53 inflation-adjusted?