From Edmonton Alberta
Reblogged from fragile-little-tea-cup
What if Millennials’ aversion to car-buying isn’t a temporary side effect of the recession, but part of a permanent generational shift in tastes and spending habits? It’s a question that applies not only to cars, but to several other traditional categories of big spending—most notably, housing. And its answer has large implications for the future shape of the economy—and for the speed of recovery.
Read more. [Image: Kagan McLeod]
It’s safe to say that a decent number of Tumblr users are a part of the Millennial generation. So, tell us: Do you own a car or house? If not, why?
IT’S BECAUSE THEY HAVE NO DISPOSABLE INCOME YOU THUNDERING IDIOTS. Fucking preference has nothing to do with it. 50% of college graduates have no job! They all have the most student loan debt ever! What are you asking this question for?!
Also: housing is a good bit more expensive now.
My parents got a 15-year mortgage on a new house in the mid-70s. The house was $32,000. Average home price in that area now? $190,000.
So, home prices went up. Food prices went up. Health care prices went WAY UP. Rent prices went up. Higher education went up so damn high that some of us forgo that all together. Energy prices went up. Car prices went up.
Prices of prices went up.
We also pay cell phone bills, internet bills, data plans, text plans, online subscriptions, cable/satellite tv, netflix, DVR subscriptions — bills that didn’t even exist 30-40 years ago. We also use computers and smartphones and microwaves and other consumer electronics that didn’t exist 20-50 years ago.
We need medications and doctors and contact lenses and tampons and maxi pads and other things that cost money just to be alive and keep us healthy.
Most of us can’t afford to:
- Get married and have a “Traditional” big wedding
- Buy a house
- Buy a new car
- PLAN to have children
- Take two, consecutive weeks of vacation.
Jobs that paid 50k in the late 1990s now pay between 30-35. Interest rates that favor consumers have gone down.
So I say, no. We are not choosing not to buy homes. We’re not choosing to take the bus in cities where there’s no good public transit. WE ARE NOT CHOOSING TO LIVE WHAT SOCIETY DEEMS AS AN UNDESIRABLE LIFESTYLE.
Don’t even get me started on the fact that these two people in the picture are young white hipsters. Young black and brown folks have been forgoing homeownership and buying new cars for decades, this shit isn’t new, pal. You’re just acting like this shit is new because it’s hitting white folks.
anyway, my point is: We are fucking broke.
read the commentary above ^^
Why would I buy a house? I pay $475/month in rent, or $5700/year or $57000/10 years, or 171000/30 years. Can I find a condo for 171000? Maybe, will I want to live there for 30 years? Probably not. Can I find a house for 171000? Not as close to my job as my apartment is. I am 28, lets say I decide to live in my apartment for the rest of my life, we’ll say 75. So 47 years. That’s $267900, my mother’s house was valued at 190000 when she got it 12 years ago, it’s now closer to 375000. I can live in my apartment for the rest of my life and spend less than I would on a house. But you can sell a house. Yeah but these are numbers with out the interest you pay on a mortgage. Plus I could have $100,000 more in my bank account if I don’t buy a house.
Reblogged from dannellgamer
dragons are mentioned in almost all cultures all across the world even before they had interaction with each other and you’re telling me they didn’t exist
do not tell me this was fiction this was some well researched men of letters shit right here
All-right, so about 65 million years ago the smarter more social dinosaurs began to form communities and soon there-after civilization took root. For a time it was good, and before you know it an industrial revolution happened. The dinosaurs rapidly altered their environment and all the larger ones perished because they couldn’t adapt quickly enough to their changing environment. But civilization endured, and the survivors decided it was more important to get in touch with their planet. Over the years, through genetic and bionic augmentation the dinosaurs mastered their bodies to the point where a singe dinosaur could be a self contained system and they achieved flight. They left the atmosphere and began to explore space. Some dinosaurs left behind to study how the planet recovered. This brings us to roughly 64 million years ago, from that day on they watched over the planet as silent guardians. Until fairly recently another species started to find civilization…
Reblogged from pitbullover
1. dip a spoon of gallium in a glass of hot water
2. make a bubble with smoke instead of air
3. dissolve the tablet in weightlessness
4. set fire to the energy-saving lamp
5. push two identical clouds of smoke
6. create a vacuum in the empty tank
7. set fire to the smoke from the candles
8. overturn the glass with smoke
9. pour the hot solution in a plastic cup [x]
o man i love science