(02-09-2017 01:39 AM)CrushMI Wrote:  

(02-08-2017 03:03 PM)WKUFan518 Wrote:  ESPN has turned into MSESPN, I don't want to tune in and listen to liberals all day every day or see how left ESPN is leaning these days...Go watch or listen to Clay Travis about ESPN, he makes a lot of good points...

Good read: http://www.outkickthecoverage.com/espn-p...eft-020817

Good read lol.
The writer is a whiny ass *****.

(02-09-2017 10:57 PM)owl at the moon Wrote:  GET OFF MY LAWN!!!

(02-09-2017 04:08 AM)DawgNBama Wrote:  

(02-08-2017 01:51 PM)owlcountry40 Wrote:  

(02-08-2017 01:26 PM)Attackcoog Wrote:  

(02-08-2017 01:18 PM)owlcountry40 Wrote:  

(02-08-2017 12:43 PM)UTSAMarineVet09 Wrote:  Thats what they get for getting into politics and only catering to the P5.

Wrong.

ESPN is most likely doing better with the political guys than guys like Skip, and the Herd thus why they let them walk. Go look a Skips ratings on FS1(hot garbage) it proves sports talking heads do not draw anyone or push people away. ESPN can take 4 people from this forum and put us on Around the Horn and we can fight over "Did the Pats win or Did the Falcons lose?" and the viewership will not change.
As someone who listens to Lebatard everyday I enjoy fun and sometimes deeper conversation sports talk over "Are the Raiders for real" or " is so and so the "Goat" where they just line up gas bag failed coaches and they just fart out hot takes all day.

ESPN is only hurting because people who realize they do not care about sports that much can have quality TV without cable.
My cable bill is a lot more because of the sports package I watch but I sometimes think I get all that sports and I only do it to watch my teams and maybe a couple other games like why am I paying an extra 30 bucks a month for a soccer channel and the SEC/Big10 network?

Its really not so much people deciding they don't need sports. It actually has little to do with sports. Its actually just folks realizing they can get alot of TV entertainment without subscribing to cable tv at all.

ESPN is part of almost every single basic cable package. That's why they had so many subscribers. So, any time ANYONE cuts the cable cord, ESPN loses a subscriber (whether they liked sports or not). That said, a lot of people who never gave a flip about sports were subscribers simply because ESPN was part of the most basic cable packages. So to that extent, you have a point. I also think some of this may be generational. I don't think Mellennials are nearly as interested in sports as baby boomers.

You are right about Mellennials not caring about sports as much we have just so much other entertainment these days.
Also I feel my generation doesn't gamble as much as the baby boomers.
It's why Vegas has to push clubs and parties because no one my age is flying across the country to play craps like people did a generation ago. If people are not gambling people are less likely to throw on a random college basketball game on Tuesday if they don't have some coin on it.

I think you're wrong about the baby boomers. While the baby boomers were probably more into sports than the Millennials are, IMO, my generation, Generation X was very much the sports fan generation. Generation X wasn't really big into gambling like the baby boomers were, IMO.

To say Mellennials don't like sports as much as any other generation is insane. The facts are as a whole we are broke! Those outrageous cable bills just limit the amount of live games we watch (legally) and push us into the sports bars for major sporting events.

(02-09-2017 11:49 AM)owlcountry40 Wrote:  

(02-09-2017 07:14 AM)CincyDave Wrote:  Millennials, like myself, love sports but our viewing habits are different. Cutting the cord makes sense beyond sports because of the money you can save. Plus you can still watch tons of sports with the internet and an OTA.

Millennials also have changing views of sports. We like soccer, way more than the previous generations. This is a normal change from generation to generation. Baby Boomers parents (The Greatest Generation- I think?) loved track, boxing and horse racing. Baby boomers did not and those sports fell out of the national spotlight. Millennials love soccer.

The Baby boomers are the worst generation ever!! They took a great post WW2 country and have **** on it for 65 years and now look down on millennials for not being as successful in a world they created to be slanted way more against us then they ever had. A generation should be graded based on how they left it for the next one and they baby boomers drained the pool and yell about why young people can not swim.

Are you sure you're not talking about Generation X? Then again, I can say that Generation X equally despises the Millenials because a lot of Gen X'ers believe that Millenials were born with silver spoons in their mouths and love to put down Gen X although it was Gen X who helped them to get to where they are today!!! Best way I can illustrate the generations is like this:

Baby Boomers: Green Bay Packers/ Dallas Cowboys? - pretty much your All-American, blue-collar team
Generation X: Oakland Raiders/ Dallas Cowboys? (not sure where Dallas fits)- very controversial, always has a chip on the shoulder; something to prove.
Millenials: Carolina Panthers- relatively new team that has rocketed to stardom.

(02-11-2017 01:51 AM)DawgNBama Wrote:  

(02-09-2017 11:49 AM)owlcountry40 Wrote:  

(02-09-2017 07:14 AM)CincyDave Wrote:  Millennials, like myself, love sports but our viewing habits are different. Cutting the cord makes sense beyond sports because of the money you can save. Plus you can still watch tons of sports with the internet and an OTA.

Millennials also have changing views of sports. We like soccer, way more than the previous generations. This is a normal change from generation to generation. Baby Boomers parents (The Greatest Generation- I think?) loved track, boxing and horse racing. Baby boomers did not and those sports fell out of the national spotlight. Millennials love soccer.

The Baby boomers are the worst generation ever!! They took a great post WW2 country and have **** on it for 65 years and now look down on millennials for not being as successful in a world they created to be slanted way more against us then they ever had. A generation should be graded based on how they left it for the next one and they baby boomers drained the pool and yell about why young people can not swim.

Are you sure you're not talking about Generation X? Then again, I can say that Generation X equally despises the Millenials because a lot of Gen X'ers believe that Millenials were born with silver spoons in their mouths and love to put down Gen X although it was Gen X who helped them to get to where they are today!!! Best way I can illustrate the generations is like this:

Baby Boomers: Green Bay Packers/ Dallas Cowboys? - pretty much your All-American, blue-collar team
Generation X: Oakland Raiders/ Dallas Cowboys? (not sure where Dallas fits)- very controversial, always has a chip on the shoulder; something to prove.
Millenials: Carolina Panthers- relatively new team that has rocketed to stardom.

Generation X forget that they raised the millennial generation in front of the television or in the McDonalds drive through. Somehow the concept of parenting got thrown out the window because it was too much work, instead they were busy becoming the first consumerist generation. Americas love of debt skyrocketed as Gen X came into adulthood.

MSESPN is the most accurate description of what that channel/company has become. Just stick to sports and fire like 80% of your current "talent"

(02-11-2017 07:55 AM)KingStucky Wrote:  Generation X forget that they raised the millennial generation in front of the television or in the McDonalds drive through. Somehow the concept of parenting got thrown out the window because it was too much work, instead they were busy becoming the first consumerist generation.

The way I learned it, "Gen-X" refers to Americans born from about 1965 to about 1981. And "Millennials" refers to those born from about 1981 to about 1997. I'm sure there are a few of the older X'ers who are parents to a few of the younger Milennials, but by-and-by those two groups do not have a parent/child relationship.

(02-11-2017 04:09 PM)Native Georgian Wrote:  

(02-11-2017 07:55 AM)KingStucky Wrote:  Generation X forget that they raised the millennial generation in front of the television or in the McDonalds drive through. Somehow the concept of parenting got thrown out the window because it was too much work, instead they were busy becoming the first consumerist generation.

The way I learned it, "Gen-X" refers to Americans born from about 1965 to about 1981. And "Millennials" refers to those born from about 1981 to about 1997. I'm sure there are a few of the older X'ers who are parents to a few of the younger Milennials, but by-and-by those two groups do not have a parent/child relationship.

You skipped Gen Y which is where you have Millennials. Millennials are the ones in grade school through college right now. Maybe a few have just entered the work force post college. I'd say from about '95 through 2015. And yes Gen X are exactly the parents of Millennials.

(02-11-2017 04:50 PM)MUther Wrote:  

(02-11-2017 04:09 PM)Native Georgian Wrote:  

(02-11-2017 07:55 AM)KingStucky Wrote:  Generation X forget that they raised the millennial generation in front of the television or in the McDonalds drive through. Somehow the concept of parenting got thrown out the window because it was too much work, instead they were busy becoming the first consumerist generation.

The way I learned it, "Gen-X" refers to Americans born from about 1965 to about 1981. And "Millennials" refers to those born from about 1981 to about 1997. I'm sure there are a few of the older X'ers who are parents to a few of the younger Milennials, but by-and-by those two groups do not have a parent/child relationship.

You skipped Gen Y which is where you have Millennials. Millennials are the ones in grade school through college right now. Maybe a few have just entered the work force post college. I'd say from about '95 through 2015. And yes Gen X are exactly the parents of Millennials.

Whoever comes up with this garbage magically did away with Gen Y. The whole thing is stupid. Gen Y is now a part of "Millennials"

(02-11-2017 08:40 PM)Shrack Wrote:  

(02-11-2017 04:50 PM)MUther Wrote:  

(02-11-2017 04:09 PM)Native Georgian Wrote:  

(02-11-2017 07:55 AM)KingStucky Wrote:  Generation X forget that they raised the millennial generation in front of the television or in the McDonalds drive through. Somehow the concept of parenting got thrown out the window because it was too much work, instead they were busy becoming the first consumerist generation.

The way I learned it, "Gen-X" refers to Americans born from about 1965 to about 1981. And "Millennials" refers to those born from about 1981 to about 1997. I'm sure there are a few of the older X'ers who are parents to a few of the younger Milennials, but by-and-by those two groups do not have a parent/child relationship.

You skipped Gen Y which is where you have Millennials. Millennials are the ones in grade school through college right now. Maybe a few have just entered the work force post college. I'd say from about '95 through 2015. And yes Gen X are exactly the parents of Millennials.

Whoever comes up with this garbage magically did away with Gen Y. The whole thing is stupid. Gen Y is now apart of "Millennials"

That may be the case but it spans much more than just 15 years then. Because all of these little 13-22 year old pricks right now definitely fit the snowflake millennial profile.

(02-11-2017 08:43 PM)MUther Wrote:  

(02-11-2017 08:40 PM)Shrack Wrote:  

(02-11-2017 04:50 PM)MUther Wrote:  

(02-11-2017 04:09 PM)Native Georgian Wrote:  

(02-11-2017 07:55 AM)KingStucky Wrote:  Generation X forget that they raised the millennial generation in front of the television or in the McDonalds drive through. Somehow the concept of parenting got thrown out the window because it was too much work, instead they were busy becoming the first consumerist generation.

The way I learned it, "Gen-X" refers to Americans born from about 1965 to about 1981. And "Millennials" refers to those born from about 1981 to about 1997. I'm sure there are a few of the older X'ers who are parents to a few of the younger Milennials, but by-and-by those two groups do not have a parent/child relationship.

You skipped Gen Y which is where you have Millennials. Millennials are the ones in grade school through college right now. Maybe a few have just entered the work force post college. I'd say from about '95 through 2015. And yes Gen X are exactly the parents of Millennials.

Whoever comes up with this garbage magically did away with Gen Y. The whole thing is stupid. Gen Y is now apart of "Millennials"

That may be the case but it spans much more than just 15 years then. Because all of these little 13-22 year old pricks right now definitely fit the snowflake millennial profile.

They are also considered a millennial

Anyone aged around 10-12 to low 30s right now will be considered a millennial for some time (even if they aren't one) until 10-20 more years passes and they decide on a definite time period. "Millennial" will be the hip generation to trash for at least another decade since it has stuck so heavily with the news and the older crowd.

For example, hilarious news articles like this:

http://www.cnbc.com/2016/07/28/millennia...-1965.html

"Millennials CAUSE homeownership rate to drop to lowest level since 1965"

Makes me laugh hard every time.

(02-11-2017 04:09 PM)Native Georgian Wrote:  

(02-11-2017 07:55 AM)KingStucky Wrote:  Generation X forget that they raised the millennial generation in front of the television or in the McDonalds drive through. Somehow the concept of parenting got thrown out the window because it was too much work, instead they were busy becoming the first consumerist generation.

The way I learned it, "Gen-X" refers to Americans born from about 1965 to about 1981. And "Millennials" refers to those born from about 1981 to about 1997. I'm sure there are a few of the older X'ers who are parents to a few of the younger Milennials, but by-and-by those two groups do not have a parent/child relationship.

As an early 90s child more than half of my friends parents had them around their early/mid twenties. It was much more common to have children at a younger age in those times, partly because they were in a much better economic position.

(02-11-2017 08:49 PM)Shrack Wrote:  

(02-11-2017 08:43 PM)MUther Wrote:  

(02-11-2017 08:40 PM)Shrack Wrote:  

(02-11-2017 04:50 PM)MUther Wrote:  

(02-11-2017 04:09 PM)Native Georgian Wrote:  The way I learned it, "Gen-X" refers to Americans born from about 1965 to about 1981. And "Millennials" refers to those born from about 1981 to about 1997. I'm sure there are a few of the older X'ers who are parents to a few of the younger Milennials, but by-and-by those two groups do not have a parent/child relationship.

You skipped Gen Y which is where you have Millennials. Millennials are the ones in grade school through college right now. Maybe a few have just entered the work force post college. I'd say from about '95 through 2015. And yes Gen X are exactly the parents of Millennials.

Whoever comes up with this garbage magically did away with Gen Y. The whole thing is stupid. Gen Y is now apart of "Millennials"

That may be the case but it spans much more than just 15 years then. Because all of these little 13-22 year old pricks right now definitely fit the snowflake millennial profile.

They are also considered a millennial

Anyone aged around 10-12 to low 30s right now will be considered a millennial for some time (even if they aren't one) until 10-20 more years passes and they decide on a definite time period. "Millennial" will be the hip generation to trash for at least another decade since it has stuck so heavily with the news and the older crowd.

For example, hilarious news articles like this:

http://www.cnbc.com/2016/07/28/millennia...-1965.html

"Millennials CAUSE homeownership rate to drop to lowest level since 1965"

Makes me laugh hard every time.

My parents 3 bedroom house in a middle class neighborhood in South Florida cost them 100k in the 90s, it's now worth 400k. All that and college tuition is inflated beyond belief, yup sounds like us Millennials have been up to no good. We should all just disregard the mountain of student loans they've given out like candy and pull out mortgages. What could possibly go wrong?

A couple years out of college and we've somehow inherited the blame.

(02-12-2017 11:10 PM)KingStucky Wrote:  

(02-11-2017 08:49 PM)Shrack Wrote:  

(02-11-2017 08:43 PM)MUther Wrote:  

(02-11-2017 08:40 PM)Shrack Wrote:  

(02-11-2017 04:50 PM)MUther Wrote:  You skipped Gen Y which is where you have Millennials. Millennials are the ones in grade school through college right now. Maybe a few have just entered the work force post college. I'd say from about '95 through 2015. And yes Gen X are exactly the parents of Millennials.

Whoever comes up with this garbage magically did away with Gen Y. The whole thing is stupid. Gen Y is now apart of "Millennials"

That may be the case but it spans much more than just 15 years then. Because all of these little 13-22 year old pricks right now definitely fit the snowflake millennial profile.

They are also considered a millennial

Anyone aged around 10-12 to low 30s right now will be considered a millennial for some time (even if they aren't one) until 10-20 more years passes and they decide on a definite time period. "Millennial" will be the hip generation to trash for at least another decade since it has stuck so heavily with the news and the older crowd.

For example, hilarious news articles like this:

http://www.cnbc.com/2016/07/28/millennia...-1965.html

"Millennials CAUSE homeownership rate to drop to lowest level since 1965"

Makes me laugh hard every time.

My parents 3 bedroom house in a middle class neighborhood in South Florida cost them 100k in the 90s, it's now worth 400k. All that and college tuition is inflated beyond belief, yup sounds like us Millennials have been up to no good. We should all just disregard the mountain of student loans they've given out like candy and pull out mortgages. What could possibly go wrong?

A couple years out of college and we've somehow inherited the blame.

Boo fricken hoo. Quit your bitttchin. When I bought my first house, the mortgage interest rates were between 16% and 21%, depending on where you were buying and what product (single family home, condo, etc..) you were buying. Now they practically give mortgage money away. Today it's very easy to get a mortgage, and the rates are typically around 4%.

That 400K house your parents have? A 30-yr fixed rate on THAT house at 4% interest --after putting 20% down-- will cost you only $1,527.73 per month. That same house (after 20% down) at 16% interest would cost you $4,303.22 per month. So you've got it good. REAL good. Just be thankful Jimmy Carter is not your president.

You young guys need to quit complaining, and go leverage yourself by using some of this free money. You'll get RICH! Just go buy the most real estate you can afford, and mortgage it at the lowest interest rate possible. By the time you are old enough to actually shave, you'll likely have some good equity built up.

Every older generation hates the younger generation. Nothing but dick measuring contests.

https://www.youtube.com/watch?v=qN5zw04WxCc

(02-13-2017 01:05 AM)HogDawg Wrote:  

(02-12-2017 11:10 PM)KingStucky Wrote:  

(02-11-2017 08:49 PM)Shrack Wrote:  

(02-11-2017 08:43 PM)MUther Wrote:  

(02-11-2017 08:40 PM)Shrack Wrote:  Whoever comes up with this garbage magically did away with Gen Y. The whole thing is stupid. Gen Y is now apart of "Millennials"

That may be the case but it spans much more than just 15 years then. Because all of these little 13-22 year old pricks right now definitely fit the snowflake millennial profile.

They are also considered a millennial

Anyone aged around 10-12 to low 30s right now will be considered a millennial for some time (even if they aren't one) until 10-20 more years passes and they decide on a definite time period. "Millennial" will be the hip generation to trash for at least another decade since it has stuck so heavily with the news and the older crowd.

For example, hilarious news articles like this:

http://www.cnbc.com/2016/07/28/millennia...-1965.html

"Millennials CAUSE homeownership rate to drop to lowest level since 1965"

Makes me laugh hard every time.

My parents 3 bedroom house in a middle class neighborhood in South Florida cost them 100k in the 90s, it's now worth 400k. All that and college tuition is inflated beyond belief, yup sounds like us Millennials have been up to no good. We should all just disregard the mountain of student loans they've given out like candy and pull out mortgages. What could possibly go wrong?

A couple years out of college and we've somehow inherited the blame.

Boo fricken hoo. Quit your bitttchin. When I bought my first house, the mortgage interest rates were between 16% and 21%, depending on where you were buying and what product (single family home, condo, etc..) you were buying. Now they practically give mortgage money away. Today it's very easy to get a mortgage, and the rates are typically around 4%.

That 400K house your parents have? A 30-yr fixed rate on THAT house at 4% interest --after putting 20% down-- will cost you only $1,527.73 per month. That same house (after 20% down) at 16% interest would cost you $4,303.22 per month. So you've got it good. REAL good. Just be thankful Jimmy Carter is not your president.

You young guys need to quit complaining, and go leverage yourself by using some of this free money. You'll get RICH! Just go buy the most real estate you can afford, and mortgage it at the lowest interest rate possible. By the time you are old enough to actually shave, you'll likely have some good equity built up.

I like how you used your archaic interest rates with current home prices to give me an example of your past hardship. In your day houses cost 1/5th of that they did, you could've more easily cash flowed an entire home purchase and forgone interest all together.

Also, take your terrible financial advice somewhere else. The problem is your generation sees mortgages as free money (see 2008 for example). 30 year mortgages are a terrible idea and so is taking out as much money as possible. Most people have mortgages that are such a financial strain that when something goes wrong they have to swipe a credit card to keep up.

(02-11-2017 08:43 PM)MUther Wrote:  

(02-11-2017 08:40 PM)Shrack Wrote:  

(02-11-2017 04:50 PM)MUther Wrote:  

(02-11-2017 04:09 PM)Native Georgian Wrote:  

(02-11-2017 07:55 AM)KingStucky Wrote:  Generation X forget that they raised the millennial generation in front of the television or in the McDonalds drive through. Somehow the concept of parenting got thrown out the window because it was too much work, instead they were busy becoming the first consumerist generation.

The way I learned it, "Gen-X" refers to Americans born from about 1965 to about 1981. And "Millennials" refers to those born from about 1981 to about 1997. I'm sure there are a few of the older X'ers who are parents to a few of the younger Milennials, but by-and-by those two groups do not have a parent/child relationship.

You skipped Gen Y which is where you have Millennials. Millennials are the ones in grade school through college right now. Maybe a few have just entered the work force post college. I'd say from about '95 through 2015. And yes Gen X are exactly the parents of Millennials.

Whoever comes up with this garbage magically did away with Gen Y. The whole thing is stupid. Gen Y is now apart of "Millennials"

That may be the case but it spans much more than just 15 years then. Because all of these little 13-22 year old pricks right now definitely fit the snowflake millennial profile.

I think anyone born past 1997 or so are the "Globals" Generation (until another name is decided upon). I'm actually surprised the "Gen X" name stuck, since it is so obviously a placeholder name until a better one came along.

And it seems like you're getting offended by our Millennial "snowflake" status, do you need a safe space?

(02-13-2017 07:29 AM)KingStucky Wrote:  

(02-13-2017 01:05 AM)HogDawg Wrote:  

(02-12-2017 11:10 PM)KingStucky Wrote:  

(02-11-2017 08:49 PM)Shrack Wrote:  

(02-11-2017 08:43 PM)MUther Wrote:  That may be the case but it spans much more than just 15 years then. Because all of these little 13-22 year old pricks right now definitely fit the snowflake millennial profile.

They are also considered a millennial

Anyone aged around 10-12 to low 30s right now will be considered a millennial for some time (even if they aren't one) until 10-20 more years passes and they decide on a definite time period. "Millennial" will be the hip generation to trash for at least another decade since it has stuck so heavily with the news and the older crowd.

For example, hilarious news articles like this:

http://www.cnbc.com/2016/07/28/millennia...-1965.html

"Millennials CAUSE homeownership rate to drop to lowest level since 1965"

Makes me laugh hard every time.

My parents 3 bedroom house in a middle class neighborhood in South Florida cost them 100k in the 90s, it's now worth 400k. All that and college tuition is inflated beyond belief, yup sounds like us Millennials have been up to no good. We should all just disregard the mountain of student loans they've given out like candy and pull out mortgages. What could possibly go wrong?

A couple years out of college and we've somehow inherited the blame.

Boo fricken hoo. Quit your bitttchin. When I bought my first house, the mortgage interest rates were between 16% and 21%, depending on where you were buying and what product (single family home, condo, etc..) you were buying. Now they practically give mortgage money away. Today it's very easy to get a mortgage, and the rates are typically around 4%.

That 400K house your parents have? A 30-yr fixed rate on THAT house at 4% interest --after putting 20% down-- will cost you only $1,527.73 per month. That same house (after 20% down) at 16% interest would cost you $4,303.22 per month. So you've got it good. REAL good. Just be thankful Jimmy Carter is not your president.

You young guys need to quit complaining, and go leverage yourself by using some of this free money. You'll get RICH! Just go buy the most real estate you can afford, and mortgage it at the lowest interest rate possible. By the time you are old enough to actually shave, you'll likely have some good equity built up.

I like how you used your archaic interest rates with current home prices to give me an example of your past hardship. In your day houses cost 1/5th of that they did, you could've more easily cash flowed an entire home purchase and forgone interest all together.

Also, take your terrible financial advice somewhere else. The problem is your generation sees mortgages as free money (see 2008 for example). 30 year mortgages are a terrible idea and so is taking out as much money as possible. Most people have mortgages that are such a financial strain that when something goes wrong they have to swipe a credit card to keep up.

Mortgages aren't the issue---nor are 30 year mortgages. The issue has always been individuals misusing the system. Don't buy a home you can barely afford. Its dumb. Don't buy a home until you have a nice emergency fund, and can put down a decent down payment without touching your emergency fund. Don't buy a home that makes you live paycheck to paycheck. Always live enough below your means that there is money leftover to save.

As for the wisdom of a 30 year mortgage---while I agree that you are technically correct----I still always get a 30 year mortgage. Here's why---you are not penalized for paying off a 30 year mortgage in 15 years. You are penalized for not being able to make your 15 year payment. A 30 year mortgage allows you to make a larger payment each month (which can effectively change it to a 15 year mortgage)---but in a financially tough year---it allows you to revert to the smaller 30 year payment if you need to for a while. I like the flexibility the 30 year gives me. Obviously the key is you have to have the discipline to pay extra on the mortgage each month.

(02-13-2017 07:29 AM)KingStucky Wrote:  

(02-13-2017 01:05 AM)HogDawg Wrote:  

(02-12-2017 11:10 PM)KingStucky Wrote:  

(02-11-2017 08:49 PM)Shrack Wrote:  

(02-11-2017 08:43 PM)MUther Wrote:  That may be the case but it spans much more than just 15 years then. Because all of these little 13-22 year old pricks right now definitely fit the snowflake millennial profile.

They are also considered a millennial

Anyone aged around 10-12 to low 30s right now will be considered a millennial for some time (even if they aren't one) until 10-20 more years passes and they decide on a definite time period. "Millennial" will be the hip generation to trash for at least another decade since it has stuck so heavily with the news and the older crowd.

For example, hilarious news articles like this:

http://www.cnbc.com/2016/07/28/millennia...-1965.html

"Millennials CAUSE homeownership rate to drop to lowest level since 1965"

Makes me laugh hard every time.

My parents 3 bedroom house in a middle class neighborhood in South Florida cost them 100k in the 90s, it's now worth 400k. All that and college tuition is inflated beyond belief, yup sounds like us Millennials have been up to no good. We should all just disregard the mountain of student loans they've given out like candy and pull out mortgages. What could possibly go wrong?

A couple years out of college and we've somehow inherited the blame.

Boo fricken hoo. Quit your bitttchin. When I bought my first house, the mortgage interest rates were between 16% and 21%, depending on where you were buying and what product (single family home, condo, etc..) you were buying. Now they practically give mortgage money away. Today it's very easy to get a mortgage, and the rates are typically around 4%.

That 400K house your parents have? A 30-yr fixed rate on THAT house at 4% interest --after putting 20% down-- will cost you only $1,527.73 per month. That same house (after 20% down) at 16% interest would cost you $4,303.22 per month. So you've got it good. REAL good. Just be thankful Jimmy Carter is not your president.

You young guys need to quit complaining, and go leverage yourself by using some of this free money. You'll get RICH! Just go buy the most real estate you can afford, and mortgage it at the lowest interest rate possible. By the time you are old enough to actually shave, you'll likely have some good equity built up.

I like how you used your archaic interest rates with current home prices to give me an example of your past hardship. In your day houses cost 1/5th of that they did, you could've more easily cash flowed an entire home purchase and forgone interest all together.

Also, take your terrible financial advice somewhere else. The problem is your generation sees mortgages as free money (see 2008 for example). 30 year mortgages are a terrible idea and so is taking out as much money as possible. Most people have mortgages that are such a financial strain that when something goes wrong they have to swipe a credit card to keep up.

Very good points. 30 year mortgage with 20% down is paying almost double in interest even with 4% rate, 250k mortgage will cost you 175k in interest.

Real estate has historically been a good low return investment, double digit annual returns are not sustainable even with historically low rates.

(02-13-2017 07:42 AM)Blue_Trombone Wrote:  

(02-11-2017 04:50 PM)MUther Wrote:  Millennials are the ones in grade school through college right now. Maybe a few have just entered the work force post college. I'd say from about '95 through 2015.

I think anyone born past 1997 or so are the "Globals" Generation (until another name is decided upon). I'm actually surprised the "Gen X" name stuck, since it is so obviously a placeholder name until a better one came along.

I remember when the "Gen X" label was first talked about by media. I even forced myself to read the weird (interesting in bits and pieces, but no overall point) novel by Douglas Coupland that coined the term. The phrase never made any sense to me and still doesn't.