Post
Topic
Board Economics
Re: Economic differences between older and younger generation
by
Fortify
on 21/07/2025, 20:28:39 UTC
Anyone noticed some differences between economic factors during the old times compared to now and how people react to these conditions?

Obviously inflation has made the prices these days a lot more expensive. Maybe this is why the older generation easily got to buy houses and properties. They also had very low to no student debts as well. One thing I noticed is that the older generation are more likely to stay in a work for a lifetime.

But the younger generation tend to go job hopping, switching from one job to the next until they find something perfect for them. The younger generation seems to prioritize a work life balance that is why a lot of them only work from home or work only as freelance.

Are there any characteristics from the older generation you would want the younger ones to learn so they can progress economically?

You're making some pretty strange comparisons that seem to ignore all the big changes that have happened in the world over the last few decades. The internet has brought people together like never before and allowed people on the other side of the world to do office/admin jobs for cheaper at an unprecedented scale. Everyone knows that the best way to increase your salary through your career is generally moving jobs, because companies allow the salaries to stagnate for long term employees. Everyone complains about house prices but you'd think that older generations got handed it on a silver platter the way it's described - nope, they paid off mortgages over 25 years just like the younger generations have to do today, with slightly different dynamics (lower interest rates but also lower wages). Pretty sure that older people tried to maintain a good "work life balance" as well, whatever that means, they went through many of the same or very similar events on their way towards retirement.