Boomers vs Kids these days

Apsaalooke

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providing rental accommodation is very much like any other business for this one reason:

neither is altruistic but they are social goods. Employment and housing needs to be provided
There's an old saying that if you're not a socialist at 20 you have no heart, and if you're not a capitalist at 40 you have no brain.
The truth is we need both because there's good and bad in both groups.
(Disclaimer - neither a landlord nor tenant)
 
Nov 1, 2012
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There's an old saying that if you're not a socialist at 20 you have no heart, and if you're not a capitalist at 40 you have no brain.
The truth is we need both because there's good and bad in both groups.
(Disclaimer - neither a landlord nor tenant)

Socialists want change because they feel life ain’t fair, and they’ve been cheated

problem is no one ever promised life was fair. It isn’t, and no one ever said it was or would be
 
Jun 21, 2014
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Maybe a year or two ago, but not now. It's absolute carnage in the university sector.

It is carnage, but falling disproportionately on those doing the actual work of universities, i.e., the academics, without whom there would be no need for the institution. In addition, they are the only ones who earn ranking points for the institution.

Yet, the administrators doing the government bidding proliferate, contributing exactly nil. At my institution, leading international researchers are getting the sack, while all the emails from the VC ask us to welcome the latest pro-VC for "insert some useless function here". It's non-stop.

When the lights go out, it will be an administrator who turns off the switch, as there won't be any academics or techos left. In the old days, when the professors ran the place without much government interference, the morale was far better.
 

fortunatecrow

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It is carnage, but falling disproportionately on those doing the actual work of universities, i.e., the academics, without whom there would be no need for the institution. In addition, they are the only ones who earn ranking points for the institution.

Yet, the administrators doing the government bidding proliferate, contributing exactly nil. At my institution, leading international researchers are getting the sack, while all the emails from the VC ask us to welcome the latest pro-VC for "insert some useless function here". It's non-stop.

When the lights go out, it will be an administrator who turns off the switch, as there won't be any academics or techos left. In the old days, when the professors ran the place without much government interference, the morale was far better.
Like working at a bank. Actual bankers outnumbered by "finance partners," "risk partners," "people partners," "product owners," "corporate & social responsibility." Always made me think of a cricket match. Thousands of people watching 15 on the field of play.

The difference is the spectators at the cricket know they are spectators. The corporate spectators actually think they are doing something meaningful.
 

Mego Red

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It is carnage, but falling disproportionately on those doing the actual work of universities, i.e., the academics, without whom there would be no need for the institution. In addition, they are the only ones who earn ranking points for the institution.

Yet, the administrators doing the government bidding proliferate, contributing exactly nil. At my institution, leading international researchers are getting the sack, while all the emails from the VC ask us to welcome the latest pro-VC for "insert some useless function here". It's non-stop.

When the lights go out, it will be an administrator who turns off the switch, as there won't be any academics or techos left. In the old days, when the professors ran the place without much government interference, the morale was far better.

I can't speak of where you work, but it's the absolute opposite in Queensland. Most academics are fine, but lesser teaching and support staff are seeing massive cuts.

At UQ, if the Academic staff had waived their annual 2% raises for a year, it could have saved dozens of jobs. But they voted to get the raises and sack the staff.

Of course, it is MUCH easier to make support staff redundant.

Edit: actually, I think it was actually Griffith Uni, and the vote happened within Law.
 
Dec 29, 2000
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I actually have a very good landlord, have had for a few years now. I have had some ordinary landlords over the journey, but I am lucky enough to be able to pick and choose where I rent and who I rent from. If I have a bad landlord, I simply break the lease and go somewhere else. I fully understand that this is not within the means of most people renting.

The above said, I don't think that landlords are fulfulling a necessary role in society for the provision of housing.

Anyone that thinks landlords do it for altruistic reasons are surely kidding themselves. They do it to become wealthy. End of story.
 
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Like working at a bank. Actual bankers outnumbered by "finance partners," "risk partners," "people partners," "product owners," "corporate & social responsibility." Always made me think of a cricket match. Thousands of people watching 15 on the field of play.

The difference is the spectators at the cricket know they are spectators. The corporate spectators actually think they are doing something meaningful.

Ain’t that the truth. The number of people who told you how to do ones job - and sadly most of them were total and utter failures on the front line. Just amazed me how they got where they were.

Just let me do it and get out of my hair!
 
Mar 23, 2007
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There's an old saying that if you're not a socialist at 20 you have no heart, and if you're not a capitalist at 40 you have no brain.
The truth is we need both because there's good and bad in both groups.
(Disclaimer - neither a landlord nor tenant)
I've heard that a few times before, I can can absolutely say, with conviction that it's pure bullshit.
It assumes a certain perspective that I just don't agree with.
 
Mar 23, 2007
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Anyone that thinks landlords do it for altruistic reasons are surely kidding themselves. They do it to become wealthy. End of story.
That's a weird idea that's come up a few times in this conversation - people assuming on other's behalf that they think themselves altrusitic for property investing, when there's never been any indication that anyone thinks that. Obviously people do it for money. It's literally called "investing".
 

Apsaalooke

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I've heard that a few times before, I can can absolutely say, with conviction that it's pure bullshit.
It assumes a certain perspective that I just don't agree with.
Which part do you disagree with - the <20 or >40?
 
Dec 29, 2000
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I'm older than 40, and I'm someone who believes that markets need solid regulations, and that social services are best delivered by the government.

If you let markets have unfettered free reign, even more people would get screwed. Money (too much) and greed is a motivating factor for some. If they didn’t they would have joined the Hare Krishna for spiritual reasons.
 
For anyone continuing to argue the ridiculous proposition re Boomers not having it SO MUCH easier, just spend 5 minutes here. Otherwise you are just embarrassing yourselves.

The chart is not very hard to understand. In 30 years, average city property prices are up 5.5x, whilst incomes are up 2.6x. You dont have to be very smart to understand what this means. SO please stop the bull$hit of its always been hard to get into property markets etc. Perhaps it has been but now its SO MUCH HARDER than previously its not funny.


Millennials are more likely to get healthy estates from their boomer parents, setting themselves up. Whereas their boomer parents had to make the wealth.
 

MarcusP2

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Oh and my older sister is almost 40, my boomer parents are in their 60s and on average will have 20+ years left. Great to set yourself up when you are in your sixties.
Millennials are more likely to get healthy estates from their boomer parents, setting themselves up. Whereas their boomer parents had to make the wealth.

On Pixel 5 using BigFooty.com mobile app
 

Vhaluus

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Millennials are more likely to get healthy estates from their boomer parents, setting themselves up. Whereas their boomer parents had to make the wealth.

... they didn't make wealth, they hoarded it.

But nice of you to understand that it can only be distributed once the boomers finally kick the bucket.
 
Oh and my older sister is almost 40, my boomer parents are in their 60s and on average will have 20+ years left. Great to set yourself up when you are in your sixties.

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My parents had nothing to pass on to us...one Could argue that our child(ren) will be at a distinct advantage because they won’t be in debt in their vulnerable years, and then the next generation will benefit earlier. Our parents weren’t so lucky.
 
I can't speak of where you work, but it's the absolute opposite in Queensland. Most academics are fine, but lesser teaching and support staff are seeing massive cuts.

At UQ, if the Academic staff had waived their annual 2% raises for a year, it could have saved dozens of jobs. But they voted to get the raises and sack the staff.

Of course, it is MUCH easier to make support staff redundant.

Edit: actually, I think it was actually Griffith Uni, and the vote happened within Law.
Yeah it wasn’t Queensland University. but there have been massive changes there as well. many good minds have been lost. Many good administrators had enough and taking the redundancy packages. I know architecture at UQ basically sacked all contract staff and then rehired smaller numbers at lesser rates. The academics quit because of it. Some faculties have suffered worse than others.
 
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