Next Recession to Destroy Millennials

[UberEatsDriver]

So I’m assuming the values of homes will drop since the baby boomers are dying out and millennials are too much in debt to afford housing?

Makes sense because all over America developers are replacing homes in the city and replacing them with rental apartments.

The housing issue can be fixed with policy but I get it cities get more money from homeowners and private developers so instead of acting on creating more housing to soften up the market they are acting like SIMPS to these homeowner boomers who really have no power to do anything.

 

[cleanface coney]

Just say black Millennials

lmao facts white people got money bruh they just like to play stupid

 

[UberEatsDriver]

nikkas better learn how to fix / repair shyt as a legit gig or side hustle. That’s recession proof, people don’t buy new they just fix what they already have then.

It’s crazy because companies in my field will spend 15k on repairs for a 10 year old system instead of buying a new unit for 18 just to save that 3 grand.

Facts! Was just thinking about this?

 

[UberEatsDriver]

Everybody coppin a car note, taking out loans just to pop p*ssy at a HBCU, vacays on credit cards

Ima be straight

Zero debt besides a 2k credit builder loan I got out

Car bills and anything associated to a car are really expensive.

So much things that go into it that could be potentially saved.

 

[LunaticVillage415]

The last recession literally killed hundreds of thousands if not millions of millenials. The whole opiod crisis is a fallout of the last recession. White kids graduated from college in debt with no job prospects. Occupy Wall Street scared the powers that be just like how the riots of the 60's did. Many of those Occupy Wall Street cacs and jobless young people like them ended up with too much time on their hands and falling into drug and alcohol addiction. More people die from alcohol than opiates every year and drinking increased during the recession. The only reason there are more jobs nowadays is because literally over a hundred people a day are dying during the prime of their youth because of drugs and alcohol. That's a lot less competition for jobs. Especially when most of the folks dying are whiteys. The same drug and alcohol fueled population control tactics used in times of economic hardship that have been used to kill blacks and Native Americans for decades have been employed to kill crackas in the last fifteen years.

 

[Mowgli]

A broke population will be ready to embrace Hitler

Cacs will somehow blame immigrants and here we go

A bunch of sad idiots ready to be led to slaughter

 

[Shadow King]

then you dont fukkin remember, where were you living? I was in bergen and hudson counties and was in the city.

Essex.

During the hurricanes its was like 4.50-4.75 at times.

This I remember. Not $5.

 

[Atlrocafella]

Just waiting for these home prices to drop and Imma go in for the kill , get a fat ass crib for $150K.

 

[10bandz]

Everyone has the same gameplan of buying stocks and real estate cheap this go around. Until they get punched in the face and there is no recovery and we have an even bigger psychopath as president and we're in another full blown ww lasting a decade +

cacs wont let that happen to themselves

 

[Caca-faat]

Some parents might be on that I thought you were building your brand

Entrepreneurs are not necessarily exempt from economic hardship unless you are building something that is constantly a necessity.

 

[UberEatsDriver]

I was in a wellness training just now and the black lady who was teaching us in her early 30s and have three properties in Brooklyn (WTF?) and 2 properties in Philly which she is getting rental income from.




This chick is black and in early 30s and is bullet proof prepared for this recession.

I just want to know how she managed to snatch 3 properties in expensive ass Brooklyn.

 

[WaveCapsByOscorp™]

Millenials have already BEEN destroyed.
This is just going to be the finishing blow.

Man, I cant even read all that ETHER to the end. Peep this:

''About a quarter of Gen Xers who went to college took out loans to do so, compared with half of Millennials.
And Millennials ended up taking out double the amount that Gen Xers did.
No wonder, given that the cost of tuition has gone up more than 100 percent since 2001, even after accounting for inflation.

The toxic combination of lower earnings and higher student-loan balances—combined with tight credit in the recovery years—has led to Millennials getting shut out of the housing market, and thus losing a seminal way to build wealth. The generation’s homeownership rate is a full 8 percentage points lower than that of the Gen Xers or the Baby Boomers when they were the same age''


My soul is bleeding.

There were a lot of facts that are hard to deny in that article.

 

[Rawtid]

Move back in with your parents before it hits!

Or move TOGETHER and split bills. Your parents don’t want you or your skinny jeans there.

 

[storyteller]

Posting to bookmark so I can read this later.

 

[Ya' Cousin Cleon]

we won't know the faith of humanity past 2100 when me and you are both dead and gone fam

i was just wanting to fukk around but here's a link
Climate deadline more like 18 months instead of 12 years, some experts say