[HN Gopher] Opinion: Gen Z is right to reject the false gospel o...
       ___________________________________________________________________
        
       Opinion: Gen Z is right to reject the false gospel of productivity
        
       Author : Djonckheere
       Score  : 39 points
       Date   : 2023-03-02 17:23 UTC (5 hours ago)
        
 (HTM) web link (www.cnn.com)
 (TXT) w3m dump (www.cnn.com)
        
       | jspash wrote:
       | I see the media has lost it's fascination with blaming
       | millennials for everything that's wrong in the world. Gen Z,
       | buckle up!
       | 
       | (I'm just a Gen X-er continually amused by the show)
        
         | [deleted]
        
       | xyzzy4747 wrote:
       | I find it quite ironic that the author cares so much about
       | housing costs and presumably money, but at the same time she
       | chose a profession that has a low average salary.
       | 
       | If you are worried about costs, do something that pays better.
       | 
       | If everyone picked low-GDP professions like her then in the
       | extreme case you'd have a country like Democratic Republic of
       | Congo with low housing costs but also you're practically
       | squatting in nature in a hut.
        
       | asdajksah2123 wrote:
       | "Bare Minimum Mondays" sounds exactly like the kind of thing a
       | "gospel of productivity" would promote.
       | 
       | If the article had to be boiled down to one thing, it would be
       | the fact that housing is too expensive. Which is frankly a
       | derivative of the fact that for decades the US has promoted
       | wealth building on the backs of real estate, which is
       | unsustainable for obvious reasons _.
       | 
       | Also, replacing work, which even if it doesn't pay as well as it
       | did earlier, is shown to largely have a positive impact on the
       | mental health of people, with TikTok is a horrible trade-off.
       | 
       | _Building wealth through housing means the cost of your house
       | goes up relative to inflation and for it to be an actual good it
       | has to go up relative to alternative safe investments like
       | investing in an index fund, which obviously means that for people
       | who don't already own homes, housing is now relatively more
       | expensive than it was for people before them...run these obvious
       | choices for half a century and housing will naturally get
       | prohibitively more expensive, especially when you throw in the
       | fact that available land will only get more scarce and therefore
       | more expensive, and zoning, and NIMBYism).
        
         | helen___keller wrote:
         | The ill effects of poor housing policy are deep and insidious
         | 
         | Gentrification, and backlash against it is the most obvious
         | societal outcome of failing to keep prices under control. But
         | it goes further
         | 
         | House prices drive out low income workers(gentrification). Loss
         | of lower income families in turn raises the cost of doing
         | business for any business that deals with unskilled or
         | otherwise cheap labor. In turn these businesses must raise
         | prices, which feeds back into housing prices among just about
         | all other industries.
         | 
         | Meanwhile, poor citizens learn to hate new condo buildings,
         | gnash their teeth at the Starbucks that opened in their
         | neighborhood, and fantasize about shooting guns at nothing in
         | the night to keep the yuppies from moving in. After all, having
         | wealthy neighbors is demonstrably destructive to your way of
         | life.
         | 
         | In fact, having an improved standard of living, can be seen as
         | destructive. After all, if they clean up the local park and add
         | universal pre-K, does that mean the yuppies will move in and
         | drive up rents? These things would be obvious community wins
         | outside the lens of housing prices.
         | 
         | Under the specter of housing as investment, it is in the
         | rational interest of all renters to make their city as least
         | attractive and unpleasant as possible to live in as possible,
         | with as few high paying jobs and businesses, except for ideally
         | one good job for the renter themself.
         | 
         | On the flip side, for homeowners, housing-as-investment
         | incentivizes the kind of exclusivity you might otherwise only
         | find with diehard bitcoiners. Ideally housing production should
         | be 0 or negative. Construction and development is no longer
         | viewed in the lens of whether it is good for the city, nor good
         | for the people involved, but if it is good for my personal
         | investment.
         | 
         | And thus, at a societal level, we have built for the young a
         | culture of loathing wealthy companies that bring high paying
         | jobs and the yuppies who work those job; and for the old, a
         | culture of loathing any change, any construction or development
         | at all, that might interfere with the life built through
         | homeownership
         | 
         | We are truly not in it together, and have not been since
         | exclusive zoning became the norm
        
           | hifromLA wrote:
           | I agree and it actually gets worse...
           | 
           | The other alternative to gentrifying a neighborhood is moving
           | to a LCOL city and watching prices rise there. So now
           | Americans want to keep other Americans out of their cities.
           | 
           | And on top of that we are so car dependent that we can't hope
           | to build the kind of infill housing we need because there is
           | literally not enough road capacity and transit options ==
           | lol.
           | 
           | Too bad the US has some of the worst transit construction
           | costs in the world and tons of local opposition to boot.
           | 
           | If I was a betting person I would bet against the US figuring
           | this out and guess that renting for your life will
           | increasingly become the norm even in previously LCOL cities.
        
       | manv1 wrote:
       | "What's more, Gen Z's older friends and colleagues, the
       | millennials, do not bring with them the messages of hope they
       | inherited from their Gen X forebears"
       | 
       | Messages of hope from Gen X? What is this author smoking?
        
         | stcroixx wrote:
         | For real. I'm Gen X and don't know anyone my age into their
         | career at all, let alone foolish enough to worry about being
         | productive for someone else.
        
           | euroderf wrote:
           | > being productive for someone else.
           | 
           | Marxist alienation is in da house.
        
           | jhbadger wrote:
           | While I wouldn't go that far myself, as a fellow GenXer I
           | remember it was _us_ in the early 1990s who were viewed as
           | the generation that was uninspired by work or the prospect of
           | a career. Like Linklater 's 1990 film "Slacker". Or Smith's
           | 1994 film "Clerks". I think a lot of things that are assigned
           | to "generations" are really just due to age. Younger people
           | aren't that into work, often because the intro-level jobs
           | they have aren't that exciting or lucrative. But that's fine
           | because they don't have much in the way of expenses or
           | dependents. As people get older they get more into work both
           | because the work is more engaging and that they actually have
           | expenses and responsibilities.
        
             | lapcat wrote:
             | > I think a lot of things that are assigned to
             | "generations" are really just due to age.
             | 
             | This. So-called "Generations" are nothing more than
             | marketing names, completely arbitrary slices of time. At
             | this point, the only purpose of generations seems to be to
             | write media stories about generations.
             | 
             | There's actually a great deal of diversity within
             | generations. Demographically speaking, kids mostly end up a
             | lot like their parents. There are trends over time, but
             | those trends tend to move slowly.
        
         | pygar wrote:
         | Although Gen X is categorises by apathy and cynicism,
         | subsequent generations still feel that Gen X just managed to
         | squeeze in with the boomers before the door narrowed.
         | Especially regarding property prices.
         | 
         | A lot of it is probably just timeless inter-generational
         | resentment but it doesn't help that boomers still haven't
         | retired and caused a logjam.
        
       | precompute wrote:
       | Well, someone's gonna have to do the slog-worthy work, otherwise
       | no one gets civilization. You can whine about it as much as you
       | want (who knows whining better than a journalist!?).
        
         | toomuchtodo wrote:
         | Pay them more. Otherwise the work goes undone. Civilization is
         | not entitled to cheap, disposable labor.
        
           | ChuckNorris89 wrote:
           | _> Otherwise the work goes undone. _
           | 
           | Or migrants get imported to do the work that goes undone, see
           | EU.
        
             | nostromo123 wrote:
             | You can import them, but you can't force them to work - see
             | Germany, Sweden, etc. ;)
        
               | [deleted]
        
           | klyrs wrote:
           | Don't forget, the US allows slavery as a punishment for
           | crimes. Criminalize homelessness and you solve your cheap
           | disposable labor problem.
        
           | precompute wrote:
           | Or maybe it's time to stop missing the forest for the trees.
           | Not being paid enough is hardly the primary issue. We
           | desperately need a crash.
        
             | toomuchtodo wrote:
             | Asset prices are not wages. The latter is necessary for
             | workers to survive, the former are imaginary numbers. One
             | would expect the requirement to both cram down asset prices
             | and push wages up for a healthy economy. It's pushing
             | numbers around on a spreadsheet.
             | 
             | "A crash" is just a Rube Goldberg wealth redistribution
             | mechanism (wealthy people own the vast majority of
             | securities and real estate). I argue a crash isn't what's
             | needed: much more housing supply, robust antitrust
             | enforcement (to keep monopoly pricing in check), efficient
             | healthcare, living wages, and high progressive tax rates
             | are what is needed to right the ship.
        
               | precompute wrote:
               | The issue is that there's entirely too much "short term
               | thinking", which is code for "there is no one to speak
               | for the middle class any longer". Yes, it's magic numbers
               | and estimations stamped as iron-clad all the way down,
               | but notions of a "healthy economy" are strictly
               | contextual. "Software is eating the world" (h/t a16z),
               | "1bn VR users by 2027" (zuckerberg), "100k starting" --
               | there's a clear imbalance, and sometime after '99 the
               | economic model clearly shifted from "enable a better
               | life" to "controlled demolition". We even saw bankers get
               | paid for it!
               | 
               | IMO it doesn't matter if you believe in fire or in ice,
               | either will suffice. There's only one way forward.
        
               | aschearer wrote:
               | Lol, what?
        
         | ridgered4 wrote:
         | The problem around here seems to mostly be there is no housing
         | at all for slog-worthy workers. You can con them into taking
         | out crazy college loans they'll never pay off and an individual
         | can remain in denial about astronomical healthcare and
         | nonexistent retirement prospects during their day to day, but
         | workers have yet to develop the ability to teleport to and from
         | work so that no housing needs to be built near these poorly
         | paying jobs.
        
       ___________________________________________________________________
       (page generated 2023-03-02 23:02 UTC)