Tag Archives: generation y

Forget about Generation Y, Are we Generation F?

Given all the recent talk and hubbub about the Occupy Vancouver/Portland/San Francisco/ New York (insert big city here) movement, I started thinking about the current state of our economy and the dismal state of our current generation.  I know.  I’m being a Debbie Downer.

I came across an interesting article in the local Vancouver magazine by Tyee Bridge, aptly named Going Going Gone.  It is about whether generation Y is should be actually renamed generation F.

Generation F doesn’t stand for Generation Facebook, but Generation F stands for Generation F&#(d

Due to Vancouver’s rising real estate costs and general high cost of living, many young middle income earner families (whose household income is in the healthy $100,000 range) are being squeezed out of the housing market.  Unfortunately, the salaries and wages in Vancouver are not increasing despite the exorbitant increase in real estate cost.

I know that in other cities with high real estate prices, like New York, or even San Francisco, the salaries and wages have kept up with the cost of real estate, but for an unknown reason, this doesn’t seem to be happening just yet in Vancouver.  Many people are drawn to Vancouver’s beauty, charm, delicious food, and of course, developing hipster culture, however they are unable to afford living here.

Many families are raising their children in apartments or even basement suites due to the high cost of housing here.  Either that, or they are moving to the suburbs and commuting in to Vancouver for work.

I personally believe I will never be as successful as my parents were (haha, how’s that for positive thinking?).  I’m not complaining, I’m just being realistic.  Inflation has gone up to extreme levels and income has not.  My parents bought their home in the 70’s for $100,000 and now it is worth well over a million.  I know that incomes weren’t as high then but I still think that the cost of real estate is very high relatively speaking.  I am 110% sure that the home we bought recently will not be worth 10x our initial purchase price in 40 years.  Personally, I absolutely love living here but I’m not sure what this place will be like in a 5 or 10 years with the rapidly changing city scene and real estate market.  If we move though, we would probably end up renting out our home to keep some sort of stake in this popular city.

I know that we as generation Y are given a bad rap for not working hard like our parent’s baby boomer generation, but I do feel that it is harder to work hard and be successful in our current society.

That’s why I think it’s of even more importance for us as generation Y to be able to  “think outside of the box” and generate passive income or different income streams, be frugal, and save for multiple rainy days…otherwise we would probably be even more screwed than we already are.

Readers, what do you think? Do you think we belong to Generation F or do you think there’s a glimmer of hope for us 20-somethings?

Generation Y in the Workplace

o Pictures, Images and PhotosI have been meaning to write this post for a long time, so I’m so happy to finally share my thoughts with you.  As you know, the Generation Y are those born somewhere after 1982 (according to wikipedia) and the early 90’s.  We are an often talked about bunch, probably because we are the child by-product of the baby boomer generation.

Generation Y Generalizations

Other people in the workplace view Generation Y as the super speedy multi-tasking generation. We are good with technology, type at warp speeds, and are often seen multi-tasking. In fact, at my workplace, one of my baby boomer colleagues calls me “Matrix” because she thinks I type so fast.

Generation Y is often labeled as “lazy” too, because we give off the impression that we want to get paid top dollar while at the same time doing as little work as possible. We want to rise in the work place as fast as possible. We are skipping from job to job to job, often lasting at a workplace for only abut 1-2 years before we move up the ranks to another job. This is in contrast to the baby boomer generation, where they moved their way up slowly after a time span of 20+ years to get where they are at now.

Generation Y also are an entrepreneurial bunch.  I think this stems from wanting to live a life where we aren’t in the rat race for 30+ years.  Generation Y are the geniuses behind many start up internet companies, let alone start up companies in general.  We tend to live and breathe instant gratification, which is probably why we aren’t saving any money.

The Problem

Because Generation Y employees are seen as lazy and wanting to get everything for nothing, I think there can be a lot of resentment from the other generations (baby boomers, generation X to name a few) towards us.  They have worked hard for YEARS to get where they are at now, and here we are, jumping in with unbridled enthusiasm and doing their job better than them.  I think Generation Y has a lot going for us- we are ambitious, determined, great at multi-tasking.  However, we have short attention spans (thanks to being used to doing homework with the television and music on simultaneously) and get bored easily.  We need to change the way other people in the workplace view us, show them that they are pigeonholing us into a category unfairly.

So, now that we know what Generaion Y is like, this begs the question- how do we co-exist harmoniously in our workplace?

How to Co-Exist Harmoniously with your Non-Generation Y Colleagues

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The Young and the Restless and the Vancouver Riot: What Went Wrong

Many of you have probably heard of the horrendous riot that happened last Wednesday when Vancouver lost to the Boston Bruins during the Stanley Cup Finals (uh, Echo, you were right… we lost! ;) ).  Everyone was fearing something like this would happen, with 100,000 fans crowded into downtown Vancouver streets, coupled with booze and alcohol, and tension from a poorly lost game, made for some potential displaced anger.

But we didn’t think it would be as bad as what happened 17 years ago, in 1994.  But it was much worse.  It was really really bad.

I’m glad I didn’t go downtown this time, I think I would have been very disappointed with what I saw.

Instead, I watched from home on TV and was absolutely appalled by what I was seeing on television.  I stayed up past midnight watching the live footage roll in of the damage that was inflicted.  Cars (yes, even police squad cars) were turned upside down and lit on fire, The Hudson Bay Company’s windows were smashed, Louis Vuitton’s windows were smashed and $1000+ bags were looted and then later put on sale through Craigslist, people were stabbed, punched, beaten… you name it.  It was absolutely disgraceful for Vancouver.  In case you haven’t seen it here are some of the shots.

Image credit: www.vancityriotcriminals.tumblr.com
Image credit: Vancouver Sun
Image Credit: vancouver Sun
photo credit: Vancouver Sun

Seeing the footage made me feel like I was watching something from a zombie movie or a video game.  Everyone’s eyes looked so glazed (hmm.. maybe it was from all the weed people were smoking?) and it looked like something was controlling them… what would compel someone to set a car on fire, laugh maniacally, and take a self-portrait with their iPhone, and then proceed to tweet about it and post it on facebook?

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