See! You’re not THAT poor. Just give it another few decades!
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Is this the beginning of the framing of “Look how good you have it. You don’t need to murder CEOs.”?
Ahhh they surely saved from not buying avocado on toast.
Stop it! The avocado toast shit is so old, my wife’s mom repeated it like it was a clever joke two years ago
Article: https://archive.md/Gr6qG
Basically: got to buy a house early as opposed to most of us ( probably with parents’ help), got lucky on the stock market (because he wasn’t spending everything on rent), and works as a CFO somewhere.
Definitely not in everyone’s reach here.
But maybe that could happen to YOU, so don’t pay too much attention to how much you’re getting screwed, because you’ll totally be a CFO in just a few more years of work!
Hell, I might be a CFO now and I’ve failed to notice! Hold on, let me check… No… No, I’ve just managed to burn a microwave dinner again.
Yup we just need to travel back in time, attend a select private university, have parents who can give us a living space until we save up for a house, and get a job directly into the C-Suite off the networking from that private university. It could totally happen! We don’t need any workers, everyone can be in the boardroom!
The entire article is more than mildly infuriating. They’re interviewing the well connected and winners of the economic lottery. Furthermore there’s no mention at all of what that period of depressed earnings does to long term financial gains. With bias like this I don’t even trust their numbers for things like adults reporting they’re doing okay. Another day, another bullshit piece of economic propaganda.
brainrotting the middle to late gen a is a problem too! /j (mostly)
Yeah, because their parents are dying and leaving their kids an inheritance.
Y’all got an inheritance? All I got was a funeral bill.
Guess I missed the memo
@scrubbles Let me correct this one for them:
Millennials — long mocked for being locked out of the housing market and postponing major life decisions due to their financial position — are finally starting to inherit wealth.
Well, as long as they’re middle class.
Many princes and princesses of the top 10% already had parents willing to be guarantors on mortgages, or just outright give precious a trust fund.
And working class millennials are already screwed, and will be for the rest of their lives.
But for 40-something middle-class Millennials, their 70-something Boomer parents kicking the bucket is providing an unexpected financial windfall.
My parents have been very clear, there is no inheritance. I love them but when we were young adults they bought into the idea that getting college degrees would set us up for life and they decided to coast on their early retirement instead of buying property and getting real assets to hand down.
All Im inheriting is debt…
I know everyone thinks they are middle class, but If your parents are giving you a trust fund you are probably pretty solidly in the upper class, not middle.
@jrs100000 You’ll note I said “princes and princesses of the top 10%”. As in top 10% of households by income.
Those Millennials are set.
The middle class Millennials are now starting to inherit property.
And the working class Millennials? Screwed.
Titles accurate, I thought I’d have some stability by now when I got out of college
