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majormajor | 12 days ago

Yeah, that's been the typical attitude for well over a decade now from the older generations who didn't have the same struggles and don't imagine that things have actually changed.

Even if we read that as generously as possible - "wow, look at how many millennials buy $20 Erewhon smoothies" - it's a wildly stupid play to couple that to how many millennials are in debt and can't afford homes.

Nobody said no millennials can afford homes. Nobody said they are all broke. Plenty of businesses out there are still capitalizing off the higher end of the range.

But at almost every percentile they're worse off than their parents were, economically. And probably working more hours to get there.

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wiredpancake|12 days ago

If you are <30 and are not in a trade related field, you will likely be unable to purchase a home in your life time.

Banks in Australia are now denying University Graduates, including those like myself in IT Industries, home loans due to increased risk of AI replacement in various workforces.