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Funny post. The younger generation thinks current economic conditions are a new thing.... they are not. We've had periods of high unemployment forever. Today is nothing new.
And yes, there are jobs out there for those who have skills or a desire to start at the bottom and learn as millions of us have done over the years.
yes but the real estate market is now in the dumpster, worst since 1930. Why should anyone under age 25 even aspire to "own a home" there is no incentive.....
In this economy a large home is nothing but a money pit, high maintenance and no longer an "american dream".
In a lot of case it just comes down to simple math. I know of many landscapers and others in the green industry that are constantly complaing that they cant find help. They are only paying $500 a week.
If the gvmt pays $400 a week not to work , who wants to work for $500 . They see it as working for $2.50 an hr . I wouldnt work for $2.50 an hr either. But if mommy gvmt wasnt paying me anything I would work for $500 a week if I was unemployed.
That's odd, in my area, employers have no difficulty getting hundreds of applications for minimum wage jobs.
yes but the real estate market is now in the dumpster, worst since 1930. Why should anyone under age 25 even aspire to "own a home" there is no incentive.....
In this economy a large home is nothing but a money pit, high maintenance and no longer an "american dream".
Au contraire...I view owning a home crucial for long-term financial stability, especially for low earners. Owning a home with a fixed-rate mortgage means locking in your payment, something impossible when you're renting. Rents in my area are up 8-10 percent over same time last year. I've been displaced by rising rent several times. If you don't have kids, owning a home means you can live in your home for free by renting out spare rooms, I've known several people who did this.
freemkt- depends on what your long term goals are. And what state u are in. Five realtors in the city I am in have declared Chapter 11 Bankruptcy- Its ok to buy in a tanked market, but dont get stuck.
Let me rephrase that...I know where to sign up, but they demand cash up front which I don't have, which means they won't allow me to sign up.
So how do I acquire real marketable skills without money?
Did you go in and talk to them about pell grants , scholorships , student loans?
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