Reply to NYT: 30 somethings still being bankrolled by their parents

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[quote=Anonymous][quote]Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
I am one of these millennials and I don’t really care how “sad” it seems to other people. I would have my life together fine without parental help. They have offered me money and support, and so my standard of living is somewhat better. So what? I am married, have 2 great kids, have a great job and they are happy too. Thanks to them we are saving like crazy and ahead of most people financially.

You answered your own question

And? Is your point that you’re jealous or life is unfair? Either way it sounds like a lot of whining.

I'm not the PP, but here is my two cents, Everyone hates a smug, entitled, "born on third" kind of person, always have and most always will. sorry. Life is unfair. most people hate you. I kind of hate you and I don't even know you.

So again it boils down to you’re jealous of me and you’re whining about it. I don’t think I’m the one who needs to worry about being hated.

DP: I think it is a cultural shift or a difference in mindsets in what it means to be an adult. There was a time when letting someone else pay your due (outside of an inheritance) was undignified, or as some DCUM threads say, low-class. People were ashamed that they took money from their parents, which probably carried over from times before there were any social safety nets. Now its almost shameful to admit your parents aren't paying chunks of your house, car, tuition, day-care etc.[/quote]

This is a very interesting shift indeed.  The poster from another country who says this is common in his part of the world is really just pointing out that this is now common in the US.  Why is it common?  Because people now realize that the opportunity to rise is much, much more limited than it was in the past.  I grew up in a time (yes I am old) when you could buy a house on one income (truly) and that income was from a blue collar job.  That is no longer the case and people know it.  So, yes, those who have parents with money are at a huge advantage.  But my generation still holds onto the hope that our kids can make it on their own.  The truth is that they cannot and will not.  We are becoming more like those countries where it is who you know and how much money you were born into.  Sad.  Middle class Americans are waking up to this for sure.  Just look at the division in this country.  [/quote]

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