Well, it’s true that you get more conservative as you “grow up”. The problem is that the last few generations of kids are simply refusing to grow up, in the traditional sense. They aren’t starting businesses and buying homes and rental properties, they’re not getting married and having children of their own.
For some reason instead they just decided to take out big student loans and then stay at their parents house and play video games and TikTok. If they would just grow up and start a successful business then of course they would get more conservative, but they just want everything for free.
Youth unemployment rate is at a low point in basicly the entire Western world. So most are obviously not sitting at home.
To start a business or a family you need money and some stability in life. With no wage growth and high housing costs with generally high house prices, combined with high intresst rates, buying a home is incredibly hard for young people and much harder then a few decades ago. However that means more people are forced to rent, which drives up rents. This leads to a tight financial situationa nd living with your parents is a good way to save some money, to get into a somewhat decent place at some point.
The big difference is that the old generaation mainly the middle class actually benefited from the system a few decades ago, so they want it back, as it was better for them back then. So they are conservative. Young people see the current system as broken and want change. As the best educated generation ever, which is much more likely to work then their parents.
Well, it’s true that you get more conservative as you “grow up”. The problem is that the last few generations of kids are simply refusing to grow up, in the traditional sense. They aren’t starting businesses and buying homes and rental properties, they’re not getting married and having children of their own.
For some reason instead they just decided to take out big student loans and then stay at their parents house and play video games and TikTok. If they would just grow up and start a successful business then of course they would get more conservative, but they just want everything for free.
Youth unemployment rate is at a low point in basicly the entire Western world. So most are obviously not sitting at home.
To start a business or a family you need money and some stability in life. With no wage growth and high housing costs with generally high house prices, combined with high intresst rates, buying a home is incredibly hard for young people and much harder then a few decades ago. However that means more people are forced to rent, which drives up rents. This leads to a tight financial situationa nd living with your parents is a good way to save some money, to get into a somewhat decent place at some point.
The big difference is that the old generaation mainly the middle class actually benefited from the system a few decades ago, so they want it back, as it was better for them back then. So they are conservative. Young people see the current system as broken and want change. As the best educated generation ever, which is much more likely to work then their parents.
Well that sounds like an awful lot of excuses. Maybe you have some points, but have you considered they should just do less TikTok and try harder?
You forgot to mention our nonexistent addiction to avocado toast and the money it costs us
Good point a lot of people are wasting too much money on food and things instead of saving for a rental property or other investments