Every generation says the generation after them is soft and useless, and to a certain extent, they are not wrong. My grandparents' generation suffered through WW2 and the Cultural Revolution. My FIL swam from some small village in China to Hong Kong in search of a better life. And now I say the 20 years old kids can't take any criticism. So that is hardly anything new.

That said, the world is a different place for every generation. We don't necessarily need the same kinds of resilence as previous generations to survive in the world.

I should also bring to your attention that the Candian education system is actually consistently viewed to be among the best in the world, although it has been facing a slow decline over the past few years. We are renowned for high literacy rates, and strong outcomes in math and science.

While your comment about the larger number of autistic / ADHD diagnosis is numerically true on the surface, you are conveniently neglecting to mention how numerous additional factors contribute to the higher numbers. The diagnostic criteria for these conditions have broadened over the years. We have far better screening and early detection now than before, esp when we were still kids. There is less stigma, more social awareness, and far wider societal acceptance. And IMO most importantly, first time parents have gotten far older, which directly translates into higher health risks of different kinds, and our world has also dramatically become far dirtier as well, with all sorts of environmental factors causing unknown risks.

Case in point -- you can't possibly tell me that finding microplastics in semen, penile tissues, and brain tissues have absolutely no negative effect on us, can you? And I can't see how they'd be beneficial at all.

So please don't just blame it on our education system.

I have to say though, social media has really amplified consumer spending being able to change wants to needs especially gen Z/A. And less restrictions such as those buy now pay later fintech and ubereats/delivery.

"Gotta go to Japan to drink matcha or eat that 7/11 egg sandwich since john/jane went there and posted on IG"
"Girl Math is going to Japan to save $10 for better ramen compared to Vancouver"
"Gotta go to spa days in whistler for healing"
"Gotta cop the new aritzia drop"
"Gotta try that new cafe/restaurant shilled by that influencer"

I digress but my IG algorithm lately been showing more reels of "corporate girlie quitting to become a fulltime content creator or burnt out and need a year of travel!!" They dont have enough subscribers to sustain themselves so I feel bad for their BF/husband lol

This is how worlds apart people are. Yes, there are those that dont get their driver's license because it's easier to just pay for uber/taxi.... clearly their family are well off.

What i'm talking about are the kids not getting their driver's license because they don't see the point. They already know what the real estate market looks like for their future, everyone has been talking about it for their entire lives. Even if they buy a beat up piece of junk to drive, insurance alone will run them $4k for new drivers. So, they have to make a choice.

a lot of people here are immigrants and their families came here to give them a better life. while people should not be entitled to things, does it feel like the next generation has a brighter future in terms of their economic/financial/social well-being?

Hehe's got some consistently bad takes on this forum, but beating your kids to prop up the real estate market is one the nuttiest things I've seen so far.

I don't agree with hehe about the need to hit, but I do agree that the school system fails the kids.

Yes the Canadian school system is good, and ranked highly. But it doesn't change the fact that the current curriculum doesn't do a great job preparing the students for life. There's not enough life finance education, and when there is, not enough emphasis on it.

I have no stats to back it up, but our generation was the one of the participation awards. I do not agree with that, and studies have shown that it's not always great and conditions kids to go for the award rather than excellence, and it hurts those who did excel as their achievements are diminished.

Hahaha. I don't mean it's necessary for physical punishment for kids. But the idea is to actually go harsh when it's appropriate.

IRL nothing is fair. They are not going to be chill if you show up at work and suck at it. Maybe some company whose owner/leader share similar ideology, but for any competent company, they aren't going to be nice to you when you can't get the job done. And then the kids are there for a rough awakening.

We don't teach our kids to cope with difficulties. Of course they are not going to be prepared for the real world.

Going back to what 68 said that people couldn't even afford condo at today's pricing. I don't agree with that. There are plenty of things one can do if buying their own place is the goal. Our parents had to endure double digit interest rates. Sure, the RE was cheaper back then, but the wage were shit and rate were super high.

Each generation face their own difficulties. But our education system is getting to a point where kids today would do 2 things when they face difficulties:

1. Complain, hoping that whoever they complain to would ultimately cave in and go easy on them somehow.

2. Give up, just not giving a shit anymore.

This is not how things should be.

Back when I was in HS, all we had was a single BS Consumer Ed course that honestly only taught the most basic aspects in life -- like how to file a tax return when all you've got is a T4 slip and maybe $5 worth of T5 earnings. It covered "the stock market", but made no mention of comissions, margins, futures, etc. (or maybe I just wasn't paying much attention in class?) Counsellors also covered some basic, basic stuff like basic sex ed -- why did they only tell me about vaginal sex and nothing else?!?! -- and some pretty basic career planning, which mostly translated into looking into one form of post secondary education or another, but without actually going into too much detail about their differences and nuances.

I honestly think the current system is trying to / actually doing more than what we had been offered. So how did we come out OK, while today's kids didn't? Was it simply because we grew up in a simpler world, while changes facing today's kids are happening too fast and on too many fronts?

Social media is toxic, and presents a distorted reality. I can understand how kids have no immunity towards that since they haven't developed the cognitive maturity to separate the glitz and glam from reality. But it is really rather disappointing to see that adults -- and by that, I mean adults in their 20's and 30's -- fall prey to the distorted reality as well.

Is this because our generation and the generation before us have provided too cozy and materially rich environment for today's kids and young adults to grow up in? so none of their BS detecters are working?

Esp in light of the world that we live in now, more than a few political commentators have suggested that the post WW2 peace dividend has been exhausted. And with that, I would definitely agree the next generation does not seem to be heading into a safer, brighter, and better world than the one we have lived. :(

https://www.coastcapitalsavings.com/...age-calculator

Has anyone actually punched the numbers in and seen what it takes to buy a starter home (condo)? I haven't looked in a long time and it makes the whole argument that if you just live at home and save $100k you'll be fine seem really stupid.

$65k income, $100k downpayment gets you approved for a ~$220k mortgage so a $320k place. Monthly payment is about $1000 at current rates so entirely affordable but guess what $320k gets you in the Lower Mainland?

Richmond: https://www.rew.ca/properties/310-72...ad-richmond-bc

Coquitlam: https://www.rew.ca/properties/104-11...e-coquitlam-bc

Maple Ridge: https://www.rew.ca/properties/33-233...maple-ridge-bc and https://www.rew.ca/properties/218-12...maple-ridge-bc

Langley: https://www.rew.ca/properties/219-20...nue-langley-bc and https://www.rew.ca/properties/92-200...nue-langley-bc

Abbotsford: https://www.rew.ca/properties/217-33...-abbotsford-bc (sorry this is too far if you're early career and the jobs are in downtown)

Mission: https://www.rew.ca/properties/41-102...eet-mission-bc

When the government got rid of provincial exams and class 5 tests along with grade inflation to not hurt feelings I think it's fair to say we are coddling.

Your brokie $500 place at 20% dp $100, 30y amortization at 3.8% is $1,857.06 month, + $600 monthly housing cost you will need $87900 gross annual. So not a stretch amount for rs ballers.

$400 with $80000 dp is $73920 gross annual

Wtf there's no more provincial exam?!

Shiet I wouldn't have made it without them. Those exams were the ultimate hail-mary last chance at redemption after slacking off all grade 12.

WTF? They got rid of provincial exams?

How do they determine whether you get in to university or not? Just your final grade? :confused:

I thought there's no grades now only special snow flakes

Richmond: Coin Laundry :fuckthatshit:

Coquitlam: Ground floor in a very high theft area :fuckthatshit:

Maple Ridge: Mobile home :fuckthatshit: 2nd listing: It's ugly and the strata fees are high but this could be the one if you got your $100k filed away BrokeBack

Langley: Not even wide angle lens can cheat this one :fuckthatshit: 2nd listing: Mobile home again :fuckthatshit:

Abbotsford: It's an ugly building and would be a hellacious commute if you work in Vancouver, but if you pull your bootstrap up high enough to become bootstrap-ons, this one could work!

Mission: And back to mobile homes :fuckthatshit:

It’s not really about buying a condo, someone that financially disciplined will eventually save enough for larger down payment and have raises in 5+ years. Even if they don’t buy a place, that $100K will turn to a 7 figure retirement nest egg. It is all about discipline in the end and if you really want to own a place.

Grade inflation is real. Tons of people with a 90+ average, but they all get a rude awakening after first year university.

avg high school does not prepare you for that slaughter even 20+ years ago

It's easy to plan for a safe, financially sound life.

But then 100% of people forget is that one word:

LIFE

Which is a constant storm of chaos and unpredictable trajectories. Some of us reside in the eye, safe and sound in that bubble, unaware of the chaos that resides just outside...until they find themselves outside.

Now everything they planned so eloquently for, gets destroyed and they have no idea where to start to inexperience.

Whereas other people have lived outside the eye for most of their lives and know how to survive. 30 years of living in that environment may not yield the best financial stories but you can bet they'll make the best stories, period.

Having gone through the rude awakening of first year university myself -- but hey, I survived it :fuckyea: -- I thought the whole purpose of first year's cruelty was to give all the fresh-faced HS idiots a rude awakening and separate the men from the boys, so to speak.

(But did that really make me a man? Nah, the girl that took my V-card was the one that made me a man LOL~)

People always bring this up, but when you're a teenager you have zero frame of reference for any of that stuff so it's all meaningless. You're not going to really use it for another 5-10 years, at which point you've forgotten it all anyways.

Wait, there's no more road test for Class 5!? (I've been living in Onterrible for too long, so not familiar with these changes).

Its optional now. As i understand it, for those students pursuing direct entry into university they need to sit the provincial exams. For those that aren't, not required.

Uh, AP Calc and Chem kicked my ass - was the first time I had to learn how to study.
I think ur supposed to get this practice in so you don't get your GPA slaughtered in 1st year.

Otherwise, GG M7 MBA or Med School.
GG the time you should've spent getting a research assistant role & schmoozing professors for your med school app.

Yes, unexpected shit like an ADHD diagnosis, failing a midterm, etc will still happen
But imo not everyone has to get their ass kicked in their 20s... being proactive helps a bit