Gen Z is prioritizing living over working because they've seen 'the legacy of broken promises' in corporate America, a future-of-work expert says - eviltoast
A future-of-work expert said Gen Zers didn't have the "promise of stability" at work, so they're putting their personal lives and well-being first.

A future-of-work expert said Gen Zers didn’t have the “promise of stability” at work, so they’re putting their personal lives and well-being first.

  • Tiger Jerusalem@lemmy.world
    23·
    11 months ago

    Oooh, cool word play! I like it.

    Also, I find it funny* that we somehow can afford rent but are not qualified to pay a mortgage with monthly payments that costs the same.

    *enraging

    • chrizzowski@lemmy.ca
      11·
      11 months ago

      I think this is a huge part of the problem. Rental property owners are just a liability buffer for the banks. There should be mortgages at a 1% down payment for first time buyers with a proven track record of making rent payments on time. Maybe the rates are a little higher, with the extra interest giving the banks motivation for taking on the extra risk. Then after the first term the owner can renew with a normal rate.

      Doesn’t help with the demand issue, but maybe all the rentals will flood the market after nobody is being punished for not having $100k laying around because they’re busy paying someone else’s carrying costs.