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In a feudal system, a peasant or worker known as a vassal received a piece of land in return for serving a lord or king, especially during times of war. Vassals were expected to perform various duties in exchange for their own fiefs, or areas of land.
Whether it’s deserved or not, the Seattle tech community has become a target for the frustrations of longtime residents grappling with the rising cost of living, and housing affordability issues.
Austin's housing shortage spreading to suburbs
Seattle, Washington: available for sale, 0.4%; year-over-year decline, 13.4%
Eugene, Oregon: available, 0.6%; decline, 27.3%
Grand Rapids, Michigan: available, 0.6%; decline, 24.7%
Buffalo, New York: available, 0.6%; decline, 15.9%
Fort Wayne, Indiana: available, 0.8%; decline, 24.9%
Sacramento, California: available, 0.6%; decline, 5.5%
Detroit, Michigan: available, 1%; decline, 25.7%
Portland, Oregon: available, 0.6%; decline, 14.2%
Santa Rosa, California: available, 0.4%; decline, 1.8%
Omaha, Nebraska: available, 0.8%; decline, 15%
This isn’t the first time you’ve heard it: millennials aren’t saving enough for retirement. In fact, at the rate millennials are currently saving, some won’t be able to retire until well into their 70s.
illennials have produced plenty of anxiety for automakers. As the stereotype goes, entitled young adults would prefer to hail an Uber, take public transportation or even hitch a ride from Mom instead of driving; an unusually large number of young millennials haven’t even bothered to get a driver’s
The problems facing millennials include an economy where job growth has been largely in service and part-time employment, producing lower incomes; the Census bureau estimates they earn, even with a full-time job, $2,000 less in real dollars than the same age group made in 1980. More millennials, notes a recent White House report, face far longer period of unemployment and suffer low rates of labor participation. More than 20 percent of people 18 to 34 live in poverty, up from 14 percent in 1980.
Education: Before 1970 an American stood fair odds of entering the middle class without a college degree. Many skilled labor jobs paid enough for one income to support a family at a middle class level. Most high schools offered classes so that boys could develop those skills. Many companies offered on the job training at the company's expense.
Now its almost impossible for a citizen to stay out of poverty without a college degree. The cost of college has risen much faster than the official rate of inflation. Frequently workers need retraining that they are required to pay for themselves. Education has become a mandatory cost for citizens which is not included in the standard basket calculation for inflation.
Transportation: Before 1960 a typical American could get to work, services, and shopping without a car. They might have relied on mass transit for some transportation. Back then, looking for a job was called "hitting the pavement" because a person would walk to all the local companies to find work.
Now, due to a major shift towards suburbanization resulting from a combination of factors including zoning laws and subsidies and regulations that favor large corporate chains over small businesses most Americans can not accomplish anything without depending on a car to do it. Many poorer Americans live in food deserts. They can not find access to food, jobs, or services without a serious drive. A personal car and all the related expenses: fuel, maintenance, and insurance are part of the mandatory costs of being an American citizen. Cars must be added to the standard basket calculation for inflation. The increased distances we must drive to find jobs, goods, and services must also be added.
Resources: Before 1990 most jobs were advertised in local newspapers. Before 1970 a person could go to the company and apply in person. Now most jobs are listed on the internet. Most jobs require computer skills. Computer skills are changing so rapidly that a person needs constant practice to keep up. A home computer with internet access is now mandatory for staying out of poverty and improving one's position in the economy. Computers and internet access are now necessities that must be considered in the cost of living.
Housing: During this same period the cost of housing has gone up significantly. The portion of income that Americans spend on rent and mortgages is now much higher than it had been back in the 1950s. Many Americans now spend more than 50% of their income on housing. Increased instability increases the number times an American will be expected to relocate to find work. Relocation is very costly.
originally posted by: NarcolepticBuddha
a reply to: toysforadults
Why even work for anything? Why not develop a substance abuse problem and anger issues and have 6 kids and get on that wonderful magic carpet ride? Seems to work for a lot of people.
I hope they at least start culling us humanely when the robot revolution happens.
3. Baby boomers are the most God Damn useless generation I have ever had the displeasure of dealing with followed by Gen X
originally posted by: Oldtimer2
That is no mystery,these liberals that are in office are tools of the elite,they preach the entitlements,when in fact they want to own you,these ignorant fool's can't see the hand writing on the wall,one thing that does still exist,you give zero effort you will get a zero result,the government will own everything,including your housing and food,the demise of many natons,lazyness
originally posted by: Metallicus
a reply to: toysforadults
You don't look for a job or a mate in bulk. You just find one that meets your needs.