There is a bubble bursting

Posted: 6/8/09 at 2:57pm

Hipsters hit hard times:

"Luis Illades, an owner of the Urban Rustic Market and Cafe on North 12th Street, said he had seen a steady number of applicants, in their late 20s, who had never held paid jobs: They were interns at a modeling agency, for example, or worked at a college radio station. In some cases, applicants have stormed out of the market after hearing the job requirements.

"They say, 'You want me to work eight hours'" Mr. Illades said. "There is a bubble bursting."

Famed for its concentration of heavily subsidized 20-something residents- also nicknamed trust-funders or trustafarians- Williamsburg is showing signs of trouble."

Hahahahahahahahahahahah!

"The culture of the area often mocks residents who depend on their families. Misha Calvert, 26, a writer who relied on her parents during her first year in the city, now has three roommates, works in freelance jobs and organizes parties to help keep her afloat while she writes plays and acts in films. There is a giant stigma, she said, for Williamsburg residents who are not financially independent."

Well maybe not giant enough.

Trustafarians feel the pain Updated On: 6/8/09 at 02:57 PM

[Calvin]

Posted: 6/8/09 at 4:07pm

My heart bleeds.

Truly, if you were born with every possible advantage (and having a parent who can afford frittering away a couple thousand a month in rent payments for you would indicate that) and still reach your mid-20s without being able to independently support yourself--major illness or disability not withstanding--and feel no compulsion to change that status, you are a colossal failure.

[tazber]

Posted: 6/8/09 at 4:20pm

I can understand their not realizing all the responsibility required, I mean it's their first full-time job.

What I can't get is how do they not know a work week is 40 hours?

When I think that these are my peers I feel embarrassed.

[TheatreDiva90016]

Posted: 6/8/09 at 5:05pm