Earlier quoted context omitted.
The Ants and the Grasshopper - Aesop https://read.gov/aesop/052.html
Obviously irrelevant
Young people would sacrifice other perks for a 4-day workweek
51–60 of 229 posts
Re: Young people would sacrifice other perks for a 4-day workweek
#52Re: Young people would sacrifice other perks for a 4-day workweek
#53Young people don't want to work hard because there's little incentive. No matter how hard you work, unless you're in the top 5%, you're far priced out of most places most people want to live. You can afford everything comfortably beside housing & health care (which you don't need much of when you're young) on a relatively low wage in the US. So you've pretty much given up on housing. What's the point in working hard?
Re: Young people would sacrifice other perks for a 4-day workweek
#54Give us Wednesday off, not Friday. Then we can rest between 2-day work spurts.
But I might want to vary it from time to time. So, choice.
Re: Young people would sacrifice other perks for a 4-day workweek
#55Young people don't want to work hard because there's little incentive. No matter how hard you work, unless you're in the top 5%, you're far priced out of most places most people want to live. You can afford everything comfortably beside housing & health care (which you don't need much of when you're young) on a relatively low wage in the US. So you've pretty much given up on housing. What's the point in working hard?
Probably the same as it's ever been. Out of three random employees, you have one who's just going through the motions, one who's working hard, and one who's actively hostile. Which one gets the money when review time rolls around? That, and what's the long term strategy? Do they turn 30 and flip from working part time at Pizza Hut to a professional salaried career? Good luck getting an interview with that CV. I'm not…
Re: Young people would sacrifice other perks for a 4-day workweek
#56Degrowth ironically growing in popularity.
Re: Young people would sacrifice other perks for a 4-day workweek
#57Earlier quoted context omitted.
The data is completely unambiguous: housing prices are (and have been) rising much, much, much faster than wages.
Well, this is simply not the case. Inflation adjusted housing prices per square foot has been flat for the last 50 years with slight fluctuations. Houses increased in footage, so inflation adjusted house prices have been flat vs wages (that grew). Perception of things being different is simply because everyone and their dog is trying to fit into the few most attractive areas where prices have indeed skyrocketed. U.S.…
And it's absolutely necessary for us to urbanize instead of the wasteful way we use our land, in order to avoid the impending climate, biodiversity, and energy crises.
Anyway --- with this square footage argument. End of the day, I'm still priced out of a house, whether it'd be a big one or a small one. I don't really care about the price per square footage, I care about the ability to get a roof over my head.
Edit: Actually, can you provide sources for this? From what I can find, home prices have been anything but flat, even adjusting for inflation: https://dqydj.com/historical-home-prices/ I have a hard time believing that in ~12 years we grew the entire housing stock square footage by 33%
I also found some data that strongly disputes your claim that the US is the 5th lowest house price to salary ratio: https://www.statista.com/statistics/237529/price-to-income-r..., in fact it seems to be comfortably in the top 10 _highest_
Re: Young people would sacrifice other perks for a 4-day workweek
#58Young people don't want to work hard because there's little incentive. No matter how hard you work, unless you're in the top 5%, you're far priced out of most places most people want to live. You can afford everything comfortably beside housing & health care (which you don't need much of when you're young) on a relatively low wage in the US. So you've pretty much given up on housing. What's the point in working hard?
It’s reminiscent of the lead up to the drug war that was coinciding with the antiwar movement
Young people looked around and said this society is not working for us, and instead of creating a new society that actually takes care of people, people voted for Nixon and doubled down on maximum alienation capitalism
Re: Young people would sacrifice other perks for a 4-day workweek
#59Give us Wednesday off, not Friday. Then we can rest between 2-day work spurts.
I acknowledge that could be difficult to manage in some industries (e.g. trying to get eight people together in a meeting), but it means that traffic would be lowered each working day, as well as people being more spread out when attending leisure activities (i.e.not everyone goes to the beach on a Saturday).
Re: Young people would sacrifice other perks for a 4-day workweek
#60Young people don't want to work hard because there's little incentive. No matter how hard you work, unless you're in the top 5%, you're far priced out of most places most people want to live. You can afford everything comfortably beside housing & health care (which you don't need much of when you're young) on a relatively low wage in the US. So you've pretty much given up on housing. What's the point in working hard?
It's not for everybody, but if you can find a way to not play the rigged game, you can get ahead. I moved from a high cost of living city in North America to Latin America. I bought a two floor penthouse overlooking the ocean for less than the price of a two bedroom apartment back where I came from. My mortgage is -$2000 / month. That's right, negative $2000 because I save the full mortgage payment plus an extra $200…