no, they want to grow up with economic optimism instead of despair.
i graduated in 2005 with 30K of debt, and i had a job for 40K and my rent was 500 bucks.
if I graduated in 2025 i’d have something like 120K of debt and my job would be like 45K, and my rent would be 1500.
my sister started working in 1995, she had 10K of debt, a 35K job, and her rent was 300 bucks. she was able to buy a brand new 15K car after graduation, before she even got a job…
the rich kids will be fine, however, anyone whose parents aren’t in the top 10% is economically fucked for life unless they win the lottery, statistically speaking. rent/housing costs keep going up at twice the rate of inflation in most areas.
cost of living is has been outpacing wages by a factor of 2x for over almost two decades, and there is no sign of things ever getting better.
the stability of a middle class life has been stolen from gen z by boomers and gen x, and it will be even worse for gen alpha. even among millenials, there is stark economic divide between those who had their college/housing paid for my parents, and those who had to pay for it on their own.
If that’s the case, why prefer the last 50 years over the decades before that? In 1975 the average house price in San Francisco was 1/27 the price it was in 2024. That means you could have a $1.5m house for $55k. Adjusted for inflation, that’s $337k in 2026 dollars.
If you went back even further (to the 60s or 50s) it would be even more ridiculous.
because 1975 is two generations ago for them, not one.
for kids today, 1975 looks the way you probably see the 1930s/1940s. it’s basically old timey black and white. it’s not appealing or relatable, it’s completely foreign.
90s is only one generation removed and relatable. when i was in high school kids loved the 70s, because it was one generation removed, but nobody was into the 1950s.
it also has to do with fashion and vintage and nostalgia, there is a 20 year gap there as well. that’s why boomers are nosalgic for the 1940s/50s, because they were all born in the 50s/60s.
The 1970s are just as unrelatable to me as the 1930s. It’s all just “the before times” to me.
Also I think GenZers have no idea how bad everything smelled back then, due to the pervasive smoking in public and in everyone’s houses. I know this because public smoking lasted well into the 90s and I remember when it started going away.
I have a friend who is nostalgic for those times before he was born, and even claims to want to take up smoking, though he hasn’t had the guts to actually try. Really strange. I find smoking totally repulsive.
no, they want to grow up with economic optimism instead of despair.
i graduated in 2005 with 30K of debt, and i had a job for 40K and my rent was 500 bucks.
if I graduated in 2025 i’d have something like 120K of debt and my job would be like 45K, and my rent would be 1500.
my sister started working in 1995, she had 10K of debt, a 35K job, and her rent was 300 bucks. she was able to buy a brand new 15K car after graduation, before she even got a job…
the rich kids will be fine, however, anyone whose parents aren’t in the top 10% is economically fucked for life unless they win the lottery, statistically speaking. rent/housing costs keep going up at twice the rate of inflation in most areas.
cost of living is has been outpacing wages by a factor of 2x for over almost two decades, and there is no sign of things ever getting better.
the stability of a middle class life has been stolen from gen z by boomers and gen x, and it will be even worse for gen alpha. even among millenials, there is stark economic divide between those who had their college/housing paid for my parents, and those who had to pay for it on their own.
If that’s the case, why prefer the last 50 years over the decades before that? In 1975 the average house price in San Francisco was 1/27 the price it was in 2024. That means you could have a $1.5m house for $55k. Adjusted for inflation, that’s $337k in 2026 dollars.
If you went back even further (to the 60s or 50s) it would be even more ridiculous.
because 1975 is two generations ago for them, not one.
for kids today, 1975 looks the way you probably see the 1930s/1940s. it’s basically old timey black and white. it’s not appealing or relatable, it’s completely foreign.
90s is only one generation removed and relatable. when i was in high school kids loved the 70s, because it was one generation removed, but nobody was into the 1950s.
it also has to do with fashion and vintage and nostalgia, there is a 20 year gap there as well. that’s why boomers are nosalgic for the 1940s/50s, because they were all born in the 50s/60s.
The 1970s are just as unrelatable to me as the 1930s. It’s all just “the before times” to me.
Also I think GenZers have no idea how bad everything smelled back then, due to the pervasive smoking in public and in everyone’s houses. I know this because public smoking lasted well into the 90s and I remember when it started going away.
I have a friend who is nostalgic for those times before he was born, and even claims to want to take up smoking, though he hasn’t had the guts to actually try. Really strange. I find smoking totally repulsive.