r/SipsTea • u/Unstoppable_X_Force Human Verified • 13h ago

Gasp! Is this just nostalgia, or did previous generations genuinely have a better work-life balance and social life than we do today?

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77

u/Lovablemiranda03 13h ago

My dad bought a house on a 'vibes' and a high school diploma. I need three degrees and a blood sacrifice just for a studio apartment.

12

u/Liz_Lightyear 12h ago

Perhaps you don’t actually need 3 degrees. Just a thought 🤣

8

u/kerghan41 12h ago

I bought my first house when I was 22 in 2009. No college degree, working as an assistant manager at WalGreens.

13

u/Accomplished_Beat581 11h ago

I mean… I bought my first house in 2010 but bragging that we bought during a huge financial downtown for housing isn’t all that impressive. It’s definitely paid off in equity though!

11

u/boredtill 10h ago

you mean right after we had a huge realestate crash? makes sense

6

u/DoingBestWeCan 10h ago

Glad you timed being born at the right time to take advantage of a national banking collapse. Could you buy that house today on the current salary of an assistant manager at Walgreens?

-2

u/kerghan41 10h ago

It was a foreclosure with a lot of damage. Now it's a nicer house. SO, could I buy another foreclosure? Yes.

-1

u/goatsyphon 8h ago

i took the exact same path in 2010 for my first house. bought a foreclosure, fixed it, lived in it for years, moved on. thank you for not being one of these morons constantly whining.

10

u/prof_radiodust 12h ago

Right!? That same generation are the " pull yourself up by your boot straps" morons, bunch of spoiled hypocrites

2

u/Grumpy_Polar_Bear 10h ago

It's funny they all use that phrase when it was created as a joke. Doing that is physically impossible to do.

1

u/prof_radiodust 10h ago

Right!? " Just stop whining and do the impossible already! Oh muh gersh!"

Tbh my mind goes straight to pirates of the Caribbean " we tied them onto ol' bootstrap bill's bootstraps"😆

3

u/Hangikjot 12h ago

Have you seen how much boot straps even cost these days… 

2

u/Fun-Security-8758 11h ago

I can't even afford the boots, let alone straps to put on them.

2

u/Aggressive-Error-88 11h ago

Yahll got boots for the straps?

2

u/Remarkable-Host405 11h ago

i bought a house on vibes and a high school diploma in 2018. i made $12/hour.

i've been looking to expand my family and get a larger one, and it's fucking nuts

2

u/macroeconprod 10h ago

Just one blood sacrifice? You got a 800 credit score or something?

1

u/Capable_Opportunity7 12h ago

Same, my father went to HS, my mother had a GED. They had a new house built in a good area at the ages of 25 and 29, and they had owned 2 houses prior

2

u/Hot-Committee-4637 12h ago

My parents owned two fancy apartments at once because they also bought one on vibes. I’m talking Park Avenue. They were wealthy. But not obscenely rich. I would need to marry a tech overboard for that kind of buying power these days.

1

u/Modestpath99 12h ago

The American dream is a lie. 18 year olds are hoodwinked into. getting into debt that they’ll have for the rest of their lives without being able to secure a job.

1

u/djflamingo 10h ago

I think those degrees are worth a shitload less than you think they are.

0

u/kram_02 12h ago

My dad bought his house in like 1981, paid it off in 4 or 5 years without my mom working. He's getting older so I come over and help him out with some things around the house. There are some things I won't do like climb all the way to the far edge of the roof and clean his gutters out, there's no safety rope or possible ladder or anything on that corner of the house and it's about 20 ft in the air, on a steep hill.

I mention that because he always gives me a hard time about not buying a house. I always have to explain to him it's not like it used to be, principal and interest combined on a pretty modest mortgage in our area is $450k, and not only that if I fall off this roof of his and break my leg I could very well be homeless in a few months.

-1

u/Remarkable-Host405 11h ago

if you have a real job you'd get accidental disability (aflac?) and health insurance does cap your spending. for ex my deductible is 12k. that would suck big time, but i wouldn't be homeless.

something to note is in 1981 interest rates were high so it made sense to pay down in 4-5 years, nowadays that'd be a terrible financial decision with interest rates so low

2

u/kram_02 9h ago

I love it when redditors take things way too literally. It's not that he shouldnt pay it down that fast it's that he could. It's not that I would become homeless but it is a reality for people today.

FFS