Finance guru Dave Ramsey slams 'awful' Gen Zers and millennials who live with their parents: 'They suck. They can't buy a house because they don't work'
Why does the article mention his stupid opinion and then refute it with statistics?
At the turn of the millennium, the median house sold in the U.S. went for $165,300, per the St Louis Fed.
By the end of 2023 that median had increased more than 150% to over $417,000—excluding a peak at the end of 2022 when it sat at near $480,000.
The National Association of Realtors has highlighted income hasn't kept pace—for more than half of 2023, the median family income didn't meet the qualifying income to be able to purchase an existing home with a 20% deposit.
For those who may want to move out of their mother's basement, rent has also more than doubled in the past 20 years while the median household income has increased just 10%, per the St Louis Fed.
Just leave that ghoul in the dustbin and quit feeding him.
Yes, that's true. At the same time though, the above points can be made about articles reporting some outrageous or stupid thing Trump said, but is it really necessary to publish such a piece or would resources be better spent elsewhere? I guess it depends on the goal of the outlet- progress, propaganda, or profit.
Ramsey is allowed a large platform because he kept to the script of never blaming real power for societies woes. But I wouldn't even call this propaganda, it's just older generations being assholes to younger ones. Nice world he's leaving his family.
I'm a millennial and worked since I was legally old enough in my state. I did use a small loan for my first car and paid for my own insurance policy and gas. I went into the military as soon as I could, worked hard and bought a house.
I bought my house during the housing bubble burst and couldn't really afford rent in a one bedroom apartment. Rent kept raising every year as did housing prices. I was very worried about food, electricity, water and rent every month. I made too much to get any benefits. I moved to a shithole in a small meth town and then the bubble burst and buying a house was cheaper than rent.
I was lucky. Very lucky. People now aren't so lucky and are working hard but calculating grace periods every month to pay some other critical bill. Going without, skipping meals, living on the bare necessities and this piece of shit that has zero perspective because 'he made it' in time just says "they aren't working".
All while unemployment has been at a historical low all while there is a housing availability crisis. He has to be very willfully ignorant and thus dishonest.