[int32_64]

As the middle class continues to shrink in the West the gambling crisis will only get worse.

It has to be understood by older people that for many young people the only way to afford a lifestyle previously achievable in many cities with a basic job is to win the lottery.

[integralid]

Gambling addiction is a pretty certain way to become poor though.

[int32_64]

The new age gambler logic would be if you know you can't afford a house through saving, the goal will always be out of reach, so you are already poor and will always be, so you might as well gamble. It's the age of "financial nihilism".

[sfn42]

It's total BS though. If you have enough money to waste any significant amount on gambling, then you also have enough to save that same significant amount.

I don't think it's necessarily the worst thing if you waste like $10 a month playing the lottery, that's not why you can't afford a home. But if you're spending like $100+ a month gambling that is absolutely a big part of why you can't afford a home. Sure maybe you'll never afford a home in New York. Live elsewhere then. There does exist more modest housing. If you're working in a city earning too little to live there then you're doing the wrong thing. Move out of the city. Yes it is that simple, and no I don't give a shit if that's where you want to live. If you can't afford it you can't afford it. Gambling won't help.

[tsoukase]

There are two motives for gambling: one is to win but a bigger one is to harm yourself in a quasi suicidal mood. Gambling hides a state of depression.