Posting as :
works at
You are currently posting as works at

Some issues here:

1) Marriage being pushed until later in life is because women are empowered to delay settling down now that they have their own careers and educational objectives.

2) Divorce rates are actually falling.

3) Real estate has risen because mobility has risen. Go look at what real estate looks like in the cities that were booming in the 1950s … Cleveland, Detroit, Pittsburgh, Cincinnati, Buffalo, Green Bay. The cities in the 1950s that looked like those cities today were Raleigh, Charlotte, Atlanta, Phoenix, San Antonio, Dallas. Nobody wanted to live there 70 years ago just like nobody wants to live in the industrial Midwest today.

As industry changed, so did population patterns. Supply and demand comes into play. Of course a new home in San Francisco is going to cost a lot more than a new home in Youngstown. Supply and demand. Want to change that? Flip the demand curve.

3) It’s not so much inflation of currency as it is inflation of lifestyle. The average home in 1950 was three bedrooms and one tiny bathroom. 800 square feet with a small kitchen. Today? The average home is almost 3x as big and every bedroom has its own bathroom. Open floor plans are the rage along with having separate family rooms from their dining and living rooms.

4) If you measure things per median hour of labor, not much has changed. Real estate per square foot has remained close to the same outside of a few hot markets. Education has increased, but so has the expectation of lifestyle for those students. Lazy rivers, climbing walls, technology oozing from every corner. Want cheap college? Go back to card catalogs instead of Lexis Nexus. Want cheap college? Go back to steam heat and window fans instead of mini splits and air conditioning. Want cheap college? Go back to 800 person lecture halls instead of 10:1 student teacher ratios. Want cheap college? Go back to bathrooms shared by 30 people instead of suite style living arrangements. Want cheap college? Go back to cheap slop dining halls instead of gourmet kitchens.

Food is basically the same per labor hour. So are cars. So is fuel. Technology has gotten MUCH cheaper.

like

Another issue with this - if you had invested your money and bought real estate, you would have kept up with and profited from inflation. My investment portfolio has 4x in past 10 years, I can afford anything I want. The same old school principles hold true - save, invest, buy small property and get on the real estate ladder. The younger generation prioritize vacations, lifestyle, restaurants…I can imagine they are feeling the pinch

like

Avocado gives me gas.

Related Posts

Hang in there, Singles, we got this! ❤️

like

How to go about deferring an acceptance?

like

Location :Kolkata

Who still working @ 5000/- per month or below?

likefunny

Hi, Can someone please refer me at Gartner for associate role. The job id is 71187.

which model deloitte usi banglore follows is it wfo or wfh?

like

Hi, I got two offer from Capgemini (24 fixed+ 2.5 Variable CTC) at C2 band & Harman international (25L Fixed+ 1.5L Variable +1L JB)
at senior solution Architect role. Please suggest your opinion which one should I choose.

YOE-7
Skill- SAP Functional Capgemini @harman international

How is Harman international whitefield Bangalore office? Any other perks or benefit joining there Harman

like

How is job security in Harman Connected?Could you please share your thoughts.

Hi There,
I have recently got an offer from persistent. However, I am unable to login into my outlook for my Verification process. When I am trying to logging its showing this device isnt secured to join this network as per policy.
Can you help me?
P.S- Its my personal laptop.

like
like

How company Company performance bonus is paid in persistent? In offer it’s mentioned that some is paid monthly and remaining at the end of financial year based on performance review

like

I would like to know how much persistent pay for 7.x senior architect.

What is the increment you got this cycle 2021-2022 in persistent

like

Hi everyone Today is my tcs doj and I got a mail from my onboarding manager that your doj is postponed please connect with your recruiter.
What might be the reasons.

Hi all, recently in touch by Spotify recruiter for a Sec Engineer position for remote EU and was told that range was 60-80 out of base salary and equity. Had 2 years of security experience out of my 4 years. Was also told that there is no bonus scheme or no sign in bonus 😕 Not sure how I feel about this tbh.

What do you think?
Spotify

like

What have you found to be some of the keys to scaling succesfully, either in a business or a product or dept?

like

What is the WLB like in EY-P TSE? On the cyber DD side? Do they actually get any holidays?

like

Does Deloitte India give Signing bonus? And what are the perks they give to employees?if there are any? CA with more than 4 year experience Deloitte India

like

Disney Streaming Services I completed my interview process with DSS early last week, and was reached out by recruiter that all rounds were strong hires, and they are extending an offer. We set a time to talk on Friday about the offer. However, the announcement of targeted hiring freeze happened on Friday. I was ghosted with no call. What should I expect now? Would I still have chance to be offered?

like

Anyone ever heard of/worked with PPT Consulting?

like

Additional Posts in The Worklife Bowl

Recommendations for ergonomic office chair? Wfh is going to go on for awhile so want to invest. Budget is about $300

like

Proost guys! I am almost running out of all my whiskey and beer ha. Let’s see what you guys are drinking tonight?

Post Photo
likehelpful

Anyone that is WFH but rents a small office space to work from?

I don't want to have to go to an office with coworkers, but I do feel like I'd be more productive getting out of home office a couple of days per week.

Feel the same?

like

Standing desk people: do you get a mat or anything for your feet?

like

Anyone have a good office chair recommendation? Really not trying to spend more than $150 but willing to go to $200 if there is a really good recommendation.

Thanks!

like

Thoughts on pneumatic vs. electric standing desks? Does extra weight make pneumatic desks any more difficult to operate?

Has anyone ever outsourced a portion of their own work and passed it off as their own? I would love to hear some stories...

like

My SO and I are touring a home tomorrow that we’re considering purchasing. With COVID restrictions + high interest in the home, we only have a 15 minute time slot to tour it. Suggestions on what things we must check out given the time constraint? We’re first time home buyers, so want to make sure we don’t miss anything critical during our tour

like

Anyone care to guess what’s going to happen to the luxury sector? Don’t think us middle class people will be blowing money at Gucci if we can lose our jobs at any minute even if we do have some spare cash and that must be a good chunk of sales

like

Someone works at or with PwC Experience Center?

like

Looking for ergonomic office chair recommendations, budget is $500. Any suggestions?

like

WFH is bringing me back to my college days of blasting ratchet music when I really should be diligently working at 11 am.

likefunnyuplifting

My wife and I just had our second child, and we have also been dealing with her cervical cancer diagnosis. It has been a stressful year, to say the least. I want to do something nice for her, but money is tight right now because of the cancer treatment costs, and her being on unpaid leave because of the cancer treatments. What is something low cost I can do that will be a nice “couples thing” so we can de-stress, but also make her feel special?

like

Book recommendations? I’ve been reading atomic habits, and have moved onto Traders guns and money.

like

If a headhunter approaches someone for c suite position but you know a friend who knows key decision maker/chairman. Do you just bypass headhunter? Its in round 3 shortlist.

like

Confused if parents want schools to reopen or not? I read so many posts here about how difficult it is to work full time and manage kids’ at-home schooling (I can’t even imagine!) so would assume that means parents want to reopen, but at the same time keep seeing a ton of backlash from parents in states who are pushing to reopen due to safety reasons. What’s the general consensus?

like

Imagine waking up from a 6 month coma today and reading the news to see what you missed 😳

likefunny

Working on a regular desk and my laptop has been killing my back and neck for last few years. Finally spent a couple hundred dollars on a standing desk, wireless keyboard, and back/neck heating pad to alleviate the pain. Very hopeful working will be much better now.

like

I was hired to manage the maintenance program, only to get here and physically do the work. 2 years later and being on-call daily but still expected to burn both ends of the candle and it does seem good enough for the corporate leadership. Collapsed this past Thursday at work and rushed off to the hospital only to find out that it was a stress induced panic attack. Come back to work on Monday only to find that my work load was added to. What will it take?

like

How much should a shift lead make west coast

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal