Elsewhere

Siegfried’s Sonata Opening November 9th at the PAC Gallery: new paintings by Over-the-Rhine’s own Cedric Michael Cox, opening tonight at the PAC Gallery.

Park + Shine: A Mini Craft Show: tomorrow is the deadline to apply for Park + Vine‘s holiday craft show.

OTR AGLOW: coming soon, a “storefront and window display competition set on the streets of Over-The-Rhine.”

Designer’s Curiosity Leads Him on a Grand Adventure: the story of a historic mansion in Cincinnati.

The Perils of Rust Belt Memes: just that.

Why Young Adults Don’t Want Your House: tweaking the notion of the American dream.

Old Painted Signs, NYC, 1997: an amazing archive of ghost signs, some of them already gone.

2 thoughts on “Elsewhere

  1. I dunno if the younguns (I’m a tail end boomer) are patient, procrastinating or just think they’re going to live forever.
    People were overbuying with easy credit though most of their lives. Heck, how that author can say buying a house was a hassle is pretty bizarre. Most of the housing bubble problems stemmed from it being TOO easy to buy a home.
    I can see not wanting to live here or there but owning a home is your main asset when moving into a retirement home after your stroke.
    Is Gen Y saving it’s money for old age or buying the latest gizmos every year?
    (no, I am NOT shaking my cane as I type this)

  2. Quimbob, you’re right that buying a home became too easy in recent years. Many of the people who thought that owning property was inherently a sound investment are now upside down.

    Speaking from the perspective of my friends and peers, we’re the last generation who believed that, if we jumped through all the right hoops, we would find suitable employment, prosper, and generally be better off than our parents’ generation. Many of us experienced some form of rude awakening, perhaps several, as any sense of certainty was taken away from us. We realized that the job market is fickle, that we may need to pick up and move for a job, or rethink our professional options. In that case, owning a home can be a liability.

    Generally speaking, few of my friends are married and fewer still are having kids. For the most part, paying off student loans is a huge burden. We try to keep our lives fairly simple and portable to protect ourselves from uncertainty and potential hardship. Given that, spending money on travel, gadgets and other experiences makes sense — these are things we can enjoy now, future be damned. At the same time, our parents are retiring or thinking about retirement, and their homes may be owned outright at this point but they’re not worth selling, so retirees are stuck where they are. We don’t want to be stuck.

    I guess I would be a tail end Gen Xer. When I talk to my college-aged sister, she doesn’t believe that she’ll ever retire and her distrust and hatred of the system blows even my cynicism out of the water. It’ll be interesting to see the choices her generation makes 5-10 years out of college.

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