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The New Coffee Room

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  3. Mildly interesting

Mildly interesting

Scheduled Pinned Locked Moved General Discussion
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  • jon-nycJ Online
    jon-nycJ Online
    jon-nyc
    wrote last edited by
    #2687

    Considering millennials can be as old as 45 there can be a lot of tension. We have made it illegal to build houses in much of the country and that policy has winners and losers.

    Thank you for your attention to this matter.

    1 Reply Last reply
    • taiwan_girlT Offline
      taiwan_girlT Offline
      taiwan_girl
      wrote last edited by
      #2688

      "Taxi" is one of the few (maybe only?) words that means the same and sounds the same in (almost) every language in the world.

      English – Taxi (pronounced: /ˈtæksi/)
      Chinese (Mandarin) – 計程車 (okay - this is not quite taxi. Actually means "car that calculates by distance". LOL. But if you say "taxi", everybody will understand you.)
      Spanish – Taxi (pronounced: /ˈtak.si/)
      French – Taxi (pronounced: /takˈsi/)
      German – Taxi (pronounced: /ˈtaksi/)
      Russian – Такси (tak-si)
      Arabic – تاكسي (tak-see)
      Japanese – タクシー (takushii)
      Hindi – टैक्सी (taiksee)
      Indonesian - taksi
      Thai - แท็กซี่ (tháek sîi)
      Japanese - タクシ (takushi)
      ーetc.

      1 Reply Last reply
      • jon-nycJ jon-nyc

        IMG_7817.jpeg

        LuFins DadL Offline
        LuFins DadL Offline
        LuFins Dad
        wrote last edited by
        #2689

        @jon-nyc said in Mildly interesting:

        IMG_7817.jpeg

        I don’t know that’s a very useful stat. The percentage of income is going to drop as the car is paid off.

        The Brad

        1 Reply Last reply
        • jon-nycJ Online
          jon-nycJ Online
          jon-nyc
          wrote last edited by
          #2690

          One imagines that at a population level it’s pretty stable and depends on both economic factors and social factors.

          How much of those large numbers in the south east are due to young men really wanting a big ass truck?

          Also there’s a large population for whom ‘paying off a car’ isn’t a thing. One leases in perpetuity because it’s the “cheapest” (sic) way to own a car.

          Thank you for your attention to this matter.

          LuFins DadL 1 Reply Last reply
          • jon-nycJ jon-nyc

            One imagines that at a population level it’s pretty stable and depends on both economic factors and social factors.

            How much of those large numbers in the south east are due to young men really wanting a big ass truck?

            Also there’s a large population for whom ‘paying off a car’ isn’t a thing. One leases in perpetuity because it’s the “cheapest” (sic) way to own a car.

            LuFins DadL Offline
            LuFins DadL Offline
            LuFins Dad
            wrote last edited by
            #2691

            @jon-nyc said in Mildly interesting:

            One imagines that at a population level it’s pretty stable and depends on both economic factors and social factors.

            How much of those large numbers in the south east are due to young men really wanting a big ass truck?

            Also there’s a large population for whom ‘paying off a car’ isn’t a thing. One leases in perpetuity because it’s the “cheapest” (sic) way to own a car.

            Are leases auto debt calculated at the total cost of the vehicle or the total lease commitment for this purpose?

            The Brad

            jon-nycJ 1 Reply Last reply
            • jon-nycJ jon-nyc

              LuFins DadL Offline
              LuFins DadL Offline
              LuFins Dad
              wrote last edited by LuFins Dad
              #2692

              @jon-nyc said in Mildly interesting:

              When over the last 100 years hasn’t the majority of the wealth been in the generation’s whose children are now adults and self reliant. As life expectancies have increased, it’s natural for that to shift even more. The issue isn’t where the wealth is concentrated, the issue is the costs of first time home ownership as a percentage of income as well as the costs of education. And it’s a cascading effect as parents are less able to contribute as much to the education and initial savings.

              The Brad

              jon-nycJ 1 Reply Last reply
              • LuFins DadL LuFins Dad

                @jon-nyc said in Mildly interesting:

                One imagines that at a population level it’s pretty stable and depends on both economic factors and social factors.

                How much of those large numbers in the south east are due to young men really wanting a big ass truck?

                Also there’s a large population for whom ‘paying off a car’ isn’t a thing. One leases in perpetuity because it’s the “cheapest” (sic) way to own a car.

                Are leases auto debt calculated at the total cost of the vehicle or the total lease commitment for this purpose?

                jon-nycJ Online
                jon-nycJ Online
                jon-nyc
                wrote last edited by
                #2693

                @LuFins-Dad said in Mildly interesting:

                @jon-nyc said in Mildly interesting:

                One imagines that at a population level it’s pretty stable and depends on both economic factors and social factors.

                How much of those large numbers in the south east are due to young men really wanting a big ass truck?

                Also there’s a large population for whom ‘paying off a car’ isn’t a thing. One leases in perpetuity because it’s the “cheapest” (sic) way to own a car.

                Are leases auto debt calculated at the total cost of the vehicle or the total lease commitment for this purpose?

                My bad. I was thinking of that as payment as a percentage of income. Leases wouldn’t show up in this data at all.

                Thank you for your attention to this matter.

                1 Reply Last reply
                • LuFins DadL LuFins Dad

                  @jon-nyc said in Mildly interesting:

                  When over the last 100 years hasn’t the majority of the wealth been in the generation’s whose children are now adults and self reliant. As life expectancies have increased, it’s natural for that to shift even more. The issue isn’t where the wealth is concentrated, the issue is the costs of first time home ownership as a percentage of income as well as the costs of education. And it’s a cascading effect as parents are less able to contribute as much to the education and initial savings.

                  jon-nycJ Online
                  jon-nycJ Online
                  jon-nyc
                  wrote last edited by
                  #2694

                  @LuFins-Dad

                  I think the general shape of intergenerational wealth shift is unchanged in the modern era but the timing has probably shifted considerably for the reasons you state - homeownership is a big chunk of middle class wealth as they age and younger generations are starting that much later.

                  Thank you for your attention to this matter.

                  1 Reply Last reply
                  • HoraceH Offline
                    HoraceH Offline
                    Horace
                    wrote last edited by
                    #2695

                    Renting and investing has probably been a better wealth accumulator for the past 25 or so years.

                    Education is extremely important.

                    1 Reply Last reply
                    • HoraceH Offline
                      HoraceH Offline
                      Horace
                      wrote last edited by
                      #2696

                      Some literally Olympic-caliber break dancing at a town hall:

                      Link to video

                      Education is extremely important.

                      1 Reply Last reply
                      • jon-nycJ jon-nyc

                        IMG_7817.jpeg

                        AxtremusA Offline
                        AxtremusA Offline
                        Axtremus
                        wrote last edited by Axtremus
                        #2697

                        @jon-nyc said in Mildly interesting:

                        IMG_7817.jpeg

                        It says "adjusted for cost of living."
                        Why would they need to adjust for cost of living when it's already in percentage of household Income?

                        1 Reply Last reply
                        • bachophileB Offline
                          bachophileB Offline
                          bachophile
                          wrote last edited by
                          #2698

                          https://www.nytimes.com/athletic/6637577/2025/09/18/mlb-baseball-lifespan-pitches-phillies-yankees/

                          I like baseball but I didn’t know a lot of the stuff in this article

                          To be game-ready, though, the balls must be stored for two weeks, untouched, in a humidor set to 70 degrees at 57 percent relative humidity. Three hours before each game, clubhouse attendants apply a mixture of water and mud to 192 balls (16 dozen), which are then inspected by an MLB gameday compliance monitor. Fourteen dozen approved balls, or 168, must be available for each game.

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