There are some things GenZ isn't entirely wrong to complain about (the country being run by senile geriatrics, pushing everyone to go to college to just effectively value a degree, housing, our economic policy that consists of whatever pumps boomer's 401ks, etc) but good fricking god are they whiny. I thought Millennials were whiny (and they are) but they just made long seetheposts on Reddit or Tumblr. Zoomers will make a video captioned: "POV: you're an AuDHD queer living in a capitalist nightmare but bestie just spilled some tea" while staring lifelessly into a camera and dancing.
Yeah I hate whiny millennials who say shit like "we've had it harder than other generations" when they haven't had a draft unlike the past generations who had to fight in wars. Or b-word about house prices while refusing to admit they're not valuable/smart enough to afford a two br condo in the hustle and bussle.
But the whole "we were told by our elders we'd have to get a college degree only to have those same people change their tune and say college is a rip off" is true
They mean economically, and they're pretty correct about that.
>be boomer
>firm handshake and get a job
>college tuition can be paid with summer jobs
>housing is expensive but not completely out of reach
>unions are actually decent and will secure you pensions when you retire
>not competing against the entire third world and hordes of H1Bs in entire high skill sectors
versus
>be millennial
>3 years experience required for entry level work
>no handshake, just an AI filter for resumes
>competing so hard against H1B thirdies that 75% of silicon valley was foreigners back in 2019
>housing is unbelievably high
>rent is unbelievably higher
>cant qualify for a home loan in most parts of the country because you need near double the average household income to qualify
Its bad
they cant admit they're not valuable enough to afford a 2br condo downtown
I'm bordering triple digits and am being considered now for a $120k/yr gig and I still would be pretty fricked buying a condo due to loan payments (because they're as expensive as a starter home 30 mins away). I don't whine because I'm going to be able to get a home in a few years with that salary, especially if a get a gf and get married, but most couples earn less than I currently make alone and will never be able to make it. The reason zoomers and millenials want WFH and vacations is literally because they know they can never get a home, so they don't strive for more and instead pick comfort.
Yeah this is that whiny attitude I'm talking about. You didnt have 10 percentage mortgage intrest rates and barriers to entry in investing. Not to mention we never had a war that millennials were drafted in.
A 200% interest rate on a 1 dollar loan is preferable to a 10% interest rate on a 100 dollar loan. The interest wasnt a real issue given pricing because in the 80s (which was 13% btw):
>22k avg household income
>47k avg home price
>mortgage cost of $485 after a 20% down and 13% interest
>mortgage consituted 26% of your monthly income
>zoomers today are approaching 35-50% of income spent on rent alone, nowhere near as high back in the 80s so saving for a home also way fricking easier
I'll take your interest any day if it means I also get your prices. I could literally own multiple vacation homes if I had access to those housing prices from back in the day.
barriers to entry on investing
80s saw the release of the 401k, social security is gonna pay, and pensions existed. You were fine.
>zoomers today are approaching 35-50% of income spent on rent alone, nowhere near as high back in the 80s so saving for a home also way fricking easier
Not true.
Houses were also smaller and the price was driven down by people understanding that they couldnt afford a 4br in the hustle and bussle so they moved to the burbs.
I'm a millennial i just actually understand how dumb my generation is for bitching about housing but refusing to sacrifise anything for cheaper housing.
I see the poors are pretending to be big wallet niggas again est. 2016
Hello, welcome to 'I see the poors are pretending to be big wallet gangstas again'
This hole exists as a safe space for refugees from the Facebook(MetaTM groups of the same name. Of which there have been several iterations. We mostly exist to poke fun at the state of living in poverty. While it oftentimes is unavoidable, we do aspire to not be meanspirited. Over the years we have co-opted the term 'Peak Poor' to being someone who exudes poverty, regardless of their actual net worth. Trump and Elon both exhibit the peak poor ethos from time to time while still being the top 0.000001%. You can do something peak poor and still be a good person or a generally adjusted one. We all have a bit of poor in us.
We basically fill a niche similar to fatpeoplehate with a bit less actual malice.
PeakPoor is shotgunning mountain dews at 5 years old.
PeakPoor is not people dying of poverty. While technically the greatest heights of poverty is succumbing to it this is not funny, and is a failure
of capitalism. We do not make fun of poverty to be mean spirited such as that.
Read the room, if it's punching down too hard or really digging into someone whos a sympathetic character it doesn't belong here. (basically READ THE ROOM)
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Subscribe to this hole, it's important that we get our numbers up. Love numbers = peak poor
Bonus points for making your post title some variation of peak poor. (Pinnacle of Poverty, Prowess of the Penniless)
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There are some things GenZ isn't entirely wrong to complain about (the country being run by senile geriatrics, pushing everyone to go to college to just effectively value a degree, housing, our economic policy that consists of whatever pumps boomer's 401ks, etc) but good fricking god are they whiny. I thought Millennials were whiny (and they are) but they just made long seetheposts on Reddit or Tumblr. Zoomers will make a video captioned: "POV: you're an AuDHD queer living in a capitalist nightmare but bestie just spilled some tea" while staring lifelessly into a camera and dancing.
Jump in the discussion.
No email address required.
Yeah I hate whiny millennials who say shit like "we've had it harder than other generations" when they haven't had a draft unlike the past generations who had to fight in wars. Or b-word about house prices while refusing to admit they're not valuable/smart enough to afford a two br condo in the hustle and bussle.
But the whole "we were told by our elders we'd have to get a college degree only to have those same people change their tune and say college is a rip off" is true
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They mean economically, and they're pretty correct about that.
versus
Its bad
I'm bordering triple digits and am being considered now for a $120k/yr gig and I still would be pretty fricked buying a condo due to loan payments (because they're as expensive as a starter home 30 mins away). I don't whine because I'm going to be able to get a home in a few years with that salary, especially if a get a gf and get married, but most couples earn less than I currently make alone and will never be able to make it. The reason zoomers and millenials want WFH and vacations is literally because they know they can never get a home, so they don't strive for more and instead pick comfort.
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Yeah this is that whiny attitude I'm talking about. You didnt have 10 percentage mortgage intrest rates and barriers to entry in investing. Not to mention we never had a war that millennials were drafted in.
Jump in the discussion.
No email address required.
A 200% interest rate on a 1 dollar loan is preferable to a 10% interest rate on a 100 dollar loan. The interest wasnt a real issue given pricing because in the 80s (which was 13% btw):
I'll take your interest any day if it means I also get your prices. I could literally own multiple vacation homes if I had access to those housing prices from back in the day.
80s saw the release of the 401k, social security is gonna pay, and pensions existed. You were fine.
Jump in the discussion.
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Not true.
Houses were also smaller and the price was driven down by people understanding that they couldnt afford a 4br in the hustle and bussle so they moved to the burbs.
I'm a millennial i just actually understand how dumb my generation is for bitching about housing but refusing to sacrifise anything for cheaper housing.
Jump in the discussion.
No email address required.
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