re: Great YT video "How the US Is Destroying Young People’s Future"

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There needs to be more a total revamp in how we see things such as education and housing. I wish the government could step in because that's the only way it'll end.

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What went wrong is multifaceted, but in the education expense case it’s the fact that that the government got involved in backing student loans for colleges. There is a direct correlation in college expenses and federally backed, non-dischargeable college loans and tuition and fees skyrocketing.

Housing is due to a large number of factors, a lot of which stem from government inefficiencies including our government’s inability to control crime and the deterioration of neighborhood schools in traditional population centers leading to urban sprawl. This results in more expensive housing as builders realize it takes the same amount of work essentially to build a 2,500 square foot house as it does a 1,200 one but they get half the profit so you see starter homes now moving to what a lot of people had as family homes.

I genuinely do feel for the younger generations and as someone in their late 30’s I may even be considered young by some, but I was fortunate enough to get through college debt free through scholarships and parental help and for a degree in engineering. My wife and I also save a ton each year and have forgone big vacations and expenses at the sake of saving. Are we lucky? Hell yes. Do we make the proper financial decisions? Also hell yes.