One in three think economy is worse now than in their parents’ time, with under-25s reporting least positive views
by Banania2020
One in three think economy is worse now than in their parents’ time, with under-25s reporting least positive views
by Banania2020
27 comments
Clearly they weren’t around in the 80s and 90s if they think the economy is worse now.
There was a sizeable chuck of parents who had a 3 bed semi in a decent suburb with one working parent
Stop the fecking pressed lads! Young people feel hard done by and think their parents had it easy! It’s a fecking exclusive!
It’s all about the macro metrics though. Quality of life for many has decreased due to massively inflated housing costs, lack of supply and poor quality.
That’s what people feel. The macroeconomic stats are rather abstract concepts to most
My sense of Ireland at the moment is booming multinationals, lots of employment but run down looking cities with relatively poor infrastructure around areas like public transport and an utterly crap and very dysfunctional healthcare system set against extremely overpriced housing.
The 80s were bleak, but one income could buy a home and start a family.
People had houses then. They had fuck all else, but they had houses!
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“It might be suggested that access to the property market could be a key factor in these results,” Mr Hughes said.
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Very likely, that’s all there is to it.
I always feel things like this are such bait
Housing is a pipe-dream for most under 40, much less 25; healthcare is in bits for everyone; the cities and towns they do live in are slowly crumbling away or filled with tax-dodge non-businesses; and the nightlife and other outlets that would have sustained young people’s morale have also undoubtedly suffered after Covid.
People can point to the MNCs all they want, but all they’re doing in this regard is distorting economic performance metrics. Take them out of it and the domestic economic picture isn’t much better than the post-crash plateau.
If you put the work in back then even those on lower wages would have something to show for it, that is no longer the case.
The same posters painting this just young people complaining are the ones constantly giving out that no one cares about laws and behaving properly. This is the roots of the fuck you got mine culture and will only get worse by allowing the current set up to fester.
This is simply not true though? If it were then emigration wouldn’t have been so much higher then than it is now despite it being so much easier now
A single income household is basically impossible that alone is the truth behind how our economy is worse than the previous generations. We may have higher quality of life and have more expenses but that does not justify the death of the one income household.
They obviously weren’t alive or were very young during the 80s or the 2007/2008 financial crash
Comes down to Maslow’s hierarchy of needs at the end of the day. Having access to amazing technology, cheap flights to travel, any sort of entertainment you could ever want etc. really means fuck all if you haven’t got secure, stable shelter, meaningful relationships and a supermarket trolly you’re not stressed about the price of. My parents and grandparents had a fizzy drink once a year and the idea of going on an aeroplane wasnt even a possibility but they had friends, houses and food in their bellies. That’s what we feel
That’s no where near being true.
There is a video on YouTube in 1989 from Ballinrobe in Co. Mayo where pretty much every single one of the LC class has made plans to emigrate. They’re not even making it to college never mind getting employment in Ireland.
https://youtu.be/v_C6pi6nuQg?si=8qqvXQVeHLPQNqRF
While housing may be bad it’s simply disingenuous to suggest the economy overall is worse now.
Since many of the parents of today’s under-25s came of age and hit their career building years in the mid-90s to mid-00’s this is probably correct.
Hold out for 7-10 years, humanoid robots will make housing exceptionally cheap.
I would argue that poor quality cities like Dublin will trend to worthless over the next thirty years as new purpose built environments on virgin land will decimate existing demand
It’s housing. It’s always housing,
I earn way more then my dad does even now at the end of his career where as I am in my mid 30s.
But even with that and doing everything “right”. I Still can’t afford a permanent place to live where as he comfortably afforded a 3 bed in south Dublin.
When the roof over your head isnt secure its hard to feel good about the state of everything else.
2 in 3 think things are great, with over 25s reporting most positive views
If we built to the standards of the 80s building regs then houses would be a lot cheaper, but you would be then spending more on electricicity or gas/oil than on child care costs. Even in the 80s there were areas civil servants in their late twenties could never afford, D4, rathgar, greystones, malahide would have been pipe dreams. So yes there is a shortage of housing and thats a macro economy issue related to funding, planning, human resources etc, there is also another issue and that is access to a mortgage, it was easier to get a mortgage in the pre bust noughties, its now become very hard for a lot of people.
Sometimes i wonder if the scentiment from a younger generation is more around the access to the mortgage rather than access to a house, if you asked a 26 year old would they take a 275k mortgage but it would mean you have to live in Tullamore/Mullingar/Navan etc. Would they take it or is there real desire to have access to a house “where they dream to live”. Not judging anyone here just curious which “issue” is it.
Which means a two and three think the economy is better?
Stand outside a coffee shop and say that. In the 80’s a lot of houses had no heat other than an open fire. No jobs, hand me down cloths etc. Etc. Now you are impoverished if your wifi is slow. It’s just perspective.
I wonder if there’s also a human trait to think you have things worse. I wonder if that was advantageous for our evolution
No of course now. How we feel is how it is.
I moved to South Africa for a much better quality of life—especially for those who can afford to live in a safe and beautiful area. The difference is incomparable. My partner can afford to stay at home, and we live in a stunning sea-facing home. We can also afford a full-time housekeeper and cook, which would be unimaginable back in Ireland.
Staring at me, full sea view, infinity pool, and having access to the beachfront makes me feel like a bond villain.
Houses in Ireland are so small compared to here; my home would be considered a mansion there. In Ireland, I would have struggled, worked endlessly, and likely never owned the kind of sea-facing home I always dreamed of.
The value of euros here is incredible. It’s stretched so far that I could have retired a decade ago, but I chose to keep working because I enjoy it.
South Africa offers so much to see and do, with vibrant experiences all around. Ireland, on the other hand, felt dull—outdated infrastructure and a lack of modernity made it hard to enjoy.
Oh, and I can afford to see a doctor privately and cheaply when I need it, on demand. Where as in ireland, it can be life and death, and they will make you wait 2 months or you have to obscene amounts for private healthcare anyway.
In ireland, social help is declining from what I heard, and safety is declining. South Africa is unsafe dependent on where you live, so choose wisely.
This goes for other countries as well.
Grew up in the eighties. High unemployment, high emigration, goods on shelves were low quality, cars were rust buckets, potholes everywhere, infrastructure was terrible, we never bought kitchen roll because it was too expensive, cheap cola was the norm at parties, getting any appliance for the house was a big thing.
Emigrated abroad.
Came back decades later, everything has changed, can’t move for luxury SUVs on the road, low unemployment, motorways – but sky high rent and house prices, and everything so expensive
We swapped poor country problems for rich country problems
That’s probably a terrible way of asking, since the country economic status is not associated to the people’s standard of living. I would guess that most answers came from people that do not understand what economy means, and we’re focused purely on their relative standard of living.
What we are going through is a deliberate transition to make homes permanently unaffordable, and a restoration of a modern style of feudal society – where the ‘nobility’ (those wealthy enough) own everything, and the rest of us are just serfs/vassals to them.
Ending/neutering Democracy is a requirement for achieving this, and enough of todays short-sighted population are capable of being bought out to support this, to make way for subverting Democracy (which is _not_ the same as Majoritarianism).
So we’re in a very real Class War, in a transition towards Neo-Feudalism – and different countries are at different stages/types-of-stages (mostly not 1:1 comparable between countries) in this transition.
It’s very much a “fight, or lose your and your (potential) children’s future” issue – where those running the show will happily drive you onto the streets and to an early death – i.e. people are being deliberately killed in this Class War already.
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