A Boring Dystopia

This would have been a completely out of touch thing to say 10 years ago.

To be saying it today is a choice. It's willing and malicious. She's just provoking people deliberately because the response is what she's after.

Ignore her

I guess I'd believe this if all the hard data didn't prove it wrong.

Maybe I should become a conservative so I don't have to bother with hard data anymore and I can just let an almost deceased obese felon rapist tell me what to think.

CEO of a company that is actively making it harder for people to afford housing.

Stupid fucking bitch.

By boomer standards I'm lower middle class as an engineer. I could theoretically afford a kid or two and a small house, and with two incomes we could even do that while having occasional vacations and retirement savings. You know, the sort of life that so long as you didn't really fuck up you could afford as a boomer, but several years younger than me as well.

Boomers needed houses 50 years ago.

Gen X needed apartments 30 years ago.

Now you need a nice Transit Van.

I did, still poor. I get half my meals for free (food service) still poor. I split rent with 4 other people to the point where my bills are the lowest they've ever been in my life, still poor. Still poor, still poor and not making enough and everything keeps getting more expensive.

Let's sink some yachts.

Stop buying Starbucks coffee

Ah shit, here we go again...

Those teeth look primed to be turned into a necklace.

I have no idea who this person is nor why I would possibly give a shit what she has to say about anything.

Holy shit that was tough to finish that article. There are so many quotes from this idiot that are just fucking nonsense. Here are my top three:

“It is just as tough,” Liebman exclusively tells Fortune. “Back then, it was more difficult in some ways because you had less neighborhoods that people would live.”

Plus, she says, never has there been more opportunity at young people’s fingertips—not just when it comes to inventory on the market: “If you’re not afraid to show off your skill set, and you try and find yourself an opportunity where you’re going to be appreciated and where people are going to allow you to expand your horizons and hopefully add value to the company that you’re at, I think it’s an unbelievable time.”

“It’s not that expensive,” she adds. “So if you’re willing to move around, which people are now, I think that there are definitely opportunities out there… You’re going to secure a much, much less expensive apartment than if you are insistent on being in the West Village.”

Dumb cunt.

"900 corporate staffers were also laid off as part of a $1 billion restructuring following six straight quarters of sales decline.".

The idea that spending on coffee or avocado toast or whatever single food/drink item is causing a widespread drop in home ownership is idiotic enough, but this absolute moron managed to pick something with hard evidence of declining sales.

I agree that buying your first home takes some sacrifices. But the sacrifices even 20 years ago were significantly less than they are now, let alone 40 or more years ago. I would hope that someone in her position would understand that it's not about saving $5 or $10 a day on Starbucks, or even buying a cheaper phone. The disparity between income and home price is just completely different.

Median household income in the US in 1980: $21000
Median home price: ~~$47000 (2x)~~
Edit: $62000 (3x) is probably more accurate.

Median household income in the US in 2000: $42000
Median home price: $163000 (4x)

Median household income in the US in 2020: $67000
Median home price: $327000 (5x)

It doesn't take a genius to see the discrepancy here. That's a lot of fucking Starbucks coffees to not buy to make up the difference.

Note: I'm using US numbers because of the context.

I don't care who the fuck she is or what the fuck she says or why anybody is quoting her. Remove her from my oxygen source.

I want to punch every rich motherfucker who blames it on coffee purchases in the neck.

i was alive 30 years ago. No the fuck its not.

Rich idiot says dumb shit is not news.

Yeah.. I read the entire article, SOME of what she's said isn't too off the mark.. Starting out with roomates and scrimping at first.. but crabbing that someone buys coffee? Seriously?

Naah sis, you're missing the main point.. and that is percentages of income needed to get into a home today are multiples of what they were when you were starting out. Fuck that shit. Also, housing stocks were better and it had less to do with the number of units on the market, but that the market wasn't dominated by equity firms and REITs.

My biggest beef with housing was once they put the "no money down" equation into the mix, the prices soared.

Booo! Get some new material!

We should make an initiative where we collect donations and sends tons of maneur to theresidencies of rich people.

Coffee is not the problem, CEOs are

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