Showing posts with label recession. Show all posts
Showing posts with label recession. Show all posts

Sunday, January 10, 2010

Empty Houses

Like so many others, this recession hit us really hard. Both Joe and I are self-employed, so when the work dried up, we didn't even have unemployment benefits to tide us over. Recently the unthinkable became our best option--we sublet our Brooklyn apartment and moved in with extended family.

And do you know what? It's kind of fun. Olivia's G-ma is great to live with and has plenty of space to share. Aunts and uncles and cousins drop by, bring breakfast, loan us their baby furniture, recommend yoga studios. Joe fixes their electrical wiring, I share recipes. There's always someone to talk to.

All around the country, people are losing their houses--their big, big, empty houses. They're filling dumpsters with the stuff they bought to fill those houses up. I wonder how many of them bought houses to fulfill some vague dream of 'home,' derived from movies and children's books, full of laughter and games and roaring fireplaces? And I wonder how many people rattle around in them, wondering when the fun is going to start?

I think too many Americans have used their wealth to isolate themselves. They put up gates around their communities, shop online, live in suburbs and drive alone in SUVs built for eight. The more money you have, the more you don't have to interact with anyone you don't want to deal with. And ultimately, even your friends are too busy and far away to visit.

A number of years ago, I leased out my house, put my stuff in storage and floated around the world for a few years. I got good at being a houseguest. I kept my possessions to a minimum, cooked for people, listened, gave massages, and moved on when it was time to go. Since I am relatively introverted and like to control my own space, this was a challenge. But I was fine, my friends were happy to have me, and sorry to see me go. (They're still my friends, so I'm pretty sure they were telling the truth.)

This recession was a long time in the making, and our culture as a whole has a lot of hard lessons to learn. One of those lessons might be that relationships take more effort than possessions, but they give you more in return.




Thursday, October 29, 2009

Blaming the Individual

for institutional excess:
never have so many members of the nation’s younger generations been so dependent on their parents and grandparents. Should parents set limits, or is this transfer of wealth a social and economic necessity in the long jobless recession? How has this growing dependence changed the country?
Although the various answers to this question are interesting, it's the wrong question. The QUESTION is, 'how has the country's economy created this growing dependence?'

To anyone who entered the job market during a recession, the answer ought to be obvious--while the costs of education, healthcare and housing have skyrocketed since our parents graduated from college, the number of living-wage jobs has plummeted. There is no longer any sane ratio between the price of a college degree and the salary that degree earns you; ditto between the price of a house and the average wage. And I don't even need to talk about health insurance.

The other thing that rarely gets mentioned is that the economy itself is changing so fast that it is impossible to plan a 'career trajectory' that will still make sense five years from now, let alone through 'retirement' (which, for most of our generation, is a fiscal impossibility anyway.) No sooner do you learn one technology, skill or profession than 1) the technology becomes obsolete, 2) your job is outsourced to India, or 3) the industry collapses. Thus, any successful 'career' in this millennium requires an enormous amount of adaptability.

Fostering adaptability is, in itself, not a bad thing (we could all take a lesson from rural China in that respect), but in our certification-happy society, all of us end up further in debt while financing our own retraining. Insecurity generates predation, in the form of absurdly expensive, worthless community college degrees, MFA programs, and arcane graduate degrees. By the time we've attained our certification in holistic health counseling, or DreamWeaver, or Windows OS, the world has moved on to Linux and hypnotherapy.

The fact is, that education, healthcare and real estate are no longer subject to rational market pressures. All three industries have become so enormous, pervasive and mythologized that they are draining us dry, with few 'opt-out' possibilities.

So, New York Times editorial board, give 'dependent' 20- and 30- and 40-somethings a break. We've been sold a bunch of bills of goods, and we have little choice but to sell more bills ourselves, or to curl into a fetal position and give up.