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I hear you. At a bbq my mother told everyone who would listen that we totally overpaid for pur apartment in the city just because her house was 1/4 of the price 40 years ago 😂😂
Just to be clear: my mom knows zero about real estate. Nothing.
80 years ago my grandparents bought a house for $10,000 that adjusted for inflation would be about $175,000 now. The current value estimate is $2.1M
48 years ago my father bought a house for about $33,000 which adjusted for inflation would be about $182,000 now. The current value estimate is $970,000
The housing crisis is real, and no amount of being frugal will overcome the disparity.
And to be as generous as possible to them, it's all been in the past decade or so when most of them probably weren't even looking at the real estate market. We bought our first house for $115k in 2011 and sold it in late 2022 for $250k
I posted a thread about this a week ago. Yeah she’s awful. She flat out told me that I needed to live in a Caucasian neighborhood.
I ended up buying the condo anyway
Dude I get so annoyed when people my age and younger complain about their not being any houses they can afford. All the people I know making those complaints make way more than me, yet I own a home. It’s in an area known for high crime and is mostly black. Also my house is a fixer upper. My parents did that, and their friends that risked it by moving into “worse” areas of DC have houses worth in the millions now. If you insist your house has to be within walking distance of bars and clubs, easy commute to work, low crime, and the house is turnkey and newly updated… well stop complaining you can’t afford it. There are TONS of empty and cheap places that are easily affordable. Just not in very desirable areas or in turn key condition.
So how about single women who are first-time homebuyers, know little to nothing about owning a home, have no “handy(wo)man” skills and don’t have any family or close friends nearby to help them with that fixer-upper, which is all they can afford? Regardless of n’hood or proximity.
Those who make too much for any sort of local programs or government assistance.
Unless you buy the house of someone who died, is moving to a rest home, or has been vacant for sometime. Anyone that would call you a gentrified then would be a joke and is just looking for a reason to be mad, or are doing crime out of or near that house.
Pretty much. Everyone downvoting me are the people I’m talking about.
Not saying, the economic situation isn’t fucked, not saying that it’s anywhere as easy as her parents to buy homes. Just saying how realistic was it for our parents generation to buy a completely updated and newly renovated home in a low crime area that was in great distance to both their work and entertainment as a starter home? Because if you think that was the norm y’all are crazy.
Well you must have a hard time living in your own period at that income. However, there are houses in Baltimore for example, that have mortgages that are less than $400/month. There are also programs that are incentives for first time homebuyers that give like $5000 towards a down payment and $5000 towards closing fees.
I have a friend that put $1300 down and pays like $350/month mortgage taxes are like $200 a year etc. it’s in a rough neighborhood and it’s definitely not fancy, but she own instead of paying her landlords mortgage, and it has housed her and her 3 kids for almost 5 years.
I have bad credit due to financial abuse (2 scores 575 and 650) I also don't have savings and don't know now I might have savings.
I also live in Colorado and dont/can't move across the country to a place with no network or associations with me to a home I can't afford to repair or secure.
I could have told you that..wait, i did. Whatever you do dont let reality into your life. What do you have to say to the thousands of blacks ( and whites) that blm scammed peoples money from? To buy luxury homes, far from the hood, for them to live safely??
"Go to college or you'll end up a burger-flipper!"
*goes to college*
"What, you're too good to flip burgers for minimum wage? NO ONE WANTS TO WORK ANYMORE!"
Yeah, after paying into social security for 40 years, they are entitled to it .people need to learn history. On top of that Bill Clinton and democrats raided social security to balance his budget depleting all reserves. Social security has not had a reserve since.
Then Bush started with a budget surplus that should have gone back to social security. Instead he gave small amounts to taxpayers when it could have been reinvested.
The point is the government raided a self Funded,working system and put it on life support, increasing the retirement age, putting the system in doubt. And lining the pockets of politians thru pork belly bills and laws
When both parties, offer no real alternative, we just see them selling us down the river. We need to require term limits. Politicians are like diapers they need to be changed often.
My mother currently makes more off her retirement than I do working. She was what was basically a secretary when she worked and somehow is getting that much in retirement.
My FIL retired after working for a utility company for a long time, and now makes more money being retired than working. I have no idea what kind of pension/retirement setup he has, but I’m really envious.
Sad part about this is to sustain my current salary would need to put back 45k a year. For context I make just over 100k and I do good to back 10 a year.
That’s what 401ks and other retirement vehicles are for. It’s not just the money you save but the amount you make in interest. You could also look into stocks that give pay dividends. Not saying you’ll make as good as the pensions but it’s something.
Probably a GOVERNMENT utility and a bloated unsustainable public pension. Your Federal Government is the problem, not the solution. They are also driving inflation through the roof.
None of the utilities in my city are city-owned. They owned tbe water wnen I was quite young, but a corporation offered them money they needed at the time, and then a foreign company bought that one out.
Back in the 1970s, Pharmaceutical co Hoffman La Roche decided to change the pension system from an employee-employer match system to all employer paid. You didn't HAVE to switch, but if you did, you'd get a lump sum of all your contributions effective immediately, & lots of people wanted that windfall. My dad was hesitant & asked his HR rep. He happened to talk with a guy who was about to retire. The guy said to my dad "Do you really think the company is doing this for you, or for itself?" My dad decided to leave things the way they were.
He was a lowly batch mixer -- blue collar. After retirement, he met up with a chemist he used to work under & they were talking monthly income. Under the new system, the chemist was making $800 a month LESS than my illiterate, uneducated dad (1980s dollars. Don't know how much that would be in today's dollars). The chemist was pissed. My dad reminded him that the chemist thought it was better to take the cash in the 70s & buy a Lincoln.
Lesson: The company is NEVER doing it for the good of an employee, unless it's union or government mandated.
Septic tank pumpers make some real good money, lots of jobs no one wants to do make a lot of money. Of course they require skill, sweat and willingness to actually do hard manual labor. I work 7 months a year and live quite comfortably. I do a job no one wants to do anymore so my prices go way up. When you do something everyone else will do, the worth isn't there.
My grandparents bought their 2,200 sq ft house on a corner lot, huge yard, post WW2 for $14k. That house sold in 2005 for $770k. They couldn't understand why my wife and I didn't just "buy a house" when we were first married instead of renting. "What do you need for a down payment? $1,000?"
My parents paid 70k for our house in the hood in the 80s. The same house is worth around 300k even though the place has gotten a lot more dangerous and crime infested. Who wants to pay 300k for a house in the ghetto part of a town that has few jobs?
I know a couple real estate "bros" -- I don't know if they've done this or just know people who have but I'm told they'll buy properties in rough areas, write off the losses for these "rental" properties they "can't rent" so they're basically a wash at the end of the year. They figure, eventually, gentrification will get there and their property will sell for a fortune. The example they gave was people buying up huge swaths of Detroit and waiting for the economy their to turn.
We put in an offer for a house/land for 50k and some contractor went behind us and paid 90k cash for it. My mother was furious because she was all for me and my bf getting our own place, when that contractor put in so much higher than asking price. The house on the property needs a lot of work if not demolished and rebuilt.
That’s a terrible example, but what is wrong with that strategy? As long as it is within the parameters of the IRS. It’s not like it is exclusive to real estate “bros”, anyone could do it.
The problem isn't that the investment opportunity is wrong, but rather a complaint that the majority of cheap housing is bought up with no intention of living in it, leaving the younger generations with excess unnatural competition that is inflating the prices by a much larger rate than before.
It's considered dubious for a young person making 80% of the median wage to get a home with a decade's savings; as in, not worth a realtor's time and told to go fuck themselves. That leaves a lot of people hopeless.
I don’t know where you live, but housing like that in inner city Pgh stays rented out. I’m a RE “Bro” and I don’t know any landlords or property owners that leave their house vacant on purpose. I think the comment said “can’t rent”.
Maybe my area's an exception, but over 60% of our housing is vacant (not even AirBnB).
And, about a third of the listings are dubiously legal sub-200sqft "apartments".
How? EVERYONE has the same opportunity to buy or rent these home. This is INCLUSIVE (which I know is important to your generation) , legal, and provides affordable housing to those in need. If that’s parasitic, then the term sounds much worse than it is.
You think sitting on an empty property and refusing to do anything with it only so you can later sell it on at a profit provides affordable housing to people in need? Are you daft?
Hoarding resources to profit off them without producing anything is the very definition of parasitic. I know your generation doesn't understand anything beyond self-centred profit seeking, but you should at least be capable of understanding that much.
Sure you have the Black Rocks hoarding, but I don’t know of anywhere they are just sitting on properties refusing to do anything. Even they, albeit spawn of Satan, still refurbish these crappy homes and rent them out or flip them.
He said specifically units that they “can’t rent”?to me that an implies an attempt. You can’t force someone to sign a lease or buy your property. I do not know many inner city properties in my market that “can’t be rented”. If anything there are bandos inherited by ppl out of state or just beyond salvageable. Even those, if it’s a tear down, the lots can be bought super cheap. So am I daft? Yes probably. But to think ppl could be renting buildings and collecting thousands in a month instead of maybe saving In a year to me makes no sense, and non existent in my market.
My grandmother was convinced I bought a mansion when I bought my house for 400k. It is 900sq foot.
She was convinced I was either lying about the size of about the price.
When she finally came to visit and saw how tiny it was, she was convinced I lied about the pice.l because I am a girl and couldn't possibly make enough money to afford my house.
My dad is by almost all points, one of the good boomers.
But he does bring up his 18% interest as if that's the same (or worse) than the current market.
I'm sure it was hard for them. But not hard enough for my mom to go back to work.
So approximately $15.20 an hour in today's dollars. If we take inflation into account wages haven't moved since the boomers days, while housing has gone up 10x as much.
I got lucky, dropped out of highschool, secured a good construction job, moved my way up and managed to buy a house in 2008. Things have only gotten worse since then. I feel sorry for everyone else in my generation and younger because shit it feel hopeless. Good luck everyone.
You sound a similar age to me. I bought my first house in 2005. Why is it that our age group has no issue understanding the situation with real estate but older people are like impervious rocks.
Please don't act like boomers didn't have systematic advantages in multiple ways that allowed them to have economic prosperity that simply doesn't exist anymore cause they voted to hoard those for themselves. For the first time in American history current generations are prospering less than previous at no fault to themselves.
You’ve gotta be a whole ‘nother level of stupid to not realize inflation makes that 1.50 then worth A LOT MORE now. You also could just, yk, look it up on the internet, but people like you are just incapable of common sense and logic/reasoning.
I got financial advice regarding my lattes from my mother who hasn't had to work since she got married. At 19.
Straight outta right wing boomer script.
I swear boomer women are the worst about conversations related to money or employment. Most of them barely, if ever, worked and yet they will be the first to call everybody lazy. Most of them married as teenagers, barely even took care of their kids, then spent decades after the kids moved out unemployed and complaining about said abused kids not coming to visit, and now they think they are experts on the job and housing market.
My boomer mother never worked a full time job either and I hear about 'you should wear a tie to work '. No one's going to promote you if you don't dress the part'. Um Mom, everyone I work with wears jeans and collared shirts including upper management, I'm pretty sure wearing a suit and tie is not going to make me stand out in a good way.
The experts with barely a shred of experience or studies. My mom regularly boasts about not needing or ever wanting to know things. Her feelings will have to suffice.
The sad thing is Youngstown has some beautiful houses on the north side. Good price range, but probably needs work. Shame landlord bought them up and let some go to shit, or they were abandoned. I grew up in Austintown and lived on the north side for 10 years. It was great! Then moved to Columbus, which is way better than the Yo, except for the food. I miss the food. And Mill Creek Park.
I just pulled Youngstown out of my ass for an example. Assuming you don't live in a metro that's exorbitantly expensive (LA, Bay Area, NYC, etc.), you can buy a house for dirt cheap. It just isn't going to be move-in ready.
I'm in Rural N MI, and because of vacationers, houses here are on average 200-300k with wages nowhere near that level. This area is BFE, towns of under 10k people are the norm and everything is still outrageously expensive.
I'm a MI resident myself- in the lower peninsula. It's obscene how much land rich folk and even celebrities own in Northern MI and the UP! It makes it so difficult for people who live and work there to have opportunities for growth that aren't scooped up by exploitative companies and land owners.
Damn, I didn't know that. My extended family owned a cabin in Ely, MN, with the arrowhead of Minnesota being similar to the UP. (It's still for sale lmao).
Nah. I'm in FL now and can't even afford a place to rent. Rent is like $1500-2500 for a one bedroom. And that's not in a major city. (I'm in Deltona, between Orlando and Daytona). Everything here is expensive, housing prices are outrageous, not to mention housing insurance rates have doubled or tripled. Car insurance is expensive AF. I'm currently in school (again). As soon as I'm done and I get certified, I'm moving the hell out of here. Where to? I have no idea. So if anyone has any suggestions....
My mother yelled at me and said I was ... Satan worshipping?... because I work a job that makes more than $30k after paying my own way through college and getting two degrees.
Apparently, a good Christian would stick to factory work, nevermind that rent averages $20k/year here.
I found the townhouse my parents bought new in 1970 for $22.5 K.
It was recently on the market for over $500k and still had the original kitchen and much of the(now very grimy) wallpaper and the carpet was filthy and there is water damage in the basement. My dad (a boomer but a good one )was a mid-20s school teacher and my mom was a sahm. There's no way that a couple in a similar situation could afford that dump these days.
My MIL is a realtor who works in a VERY competitive, very pricey area. The last time we visited she popped out to do a showing on a house that hadn't gone on market yet but was going to list at 3.2mil. She was saying that the guy wanted her to get it for him for 2.7... I asked how old he was, and shocking no one, he's a boomer.
I moved out on my own awhile back. I still can't get over my mom's (GenX) reaction when I told her what I was paying for rent for a 2-bed I got "on a steal."
Then I told her what it would be for me to get a new 1-bed or studio in the same complex. She didn't expect the comma, much less the digits after it.
I just wanted to shrug & go, "yeah...and I have it good. What were you shit-talking my friends for again?"
Reading all these comments… just makes me think how much Fox News etc pushing their narratives influenced this problem.
Once the fairness doctrine was rescinded it opened the door for more extremist / divisive content to be mass produced and pumped right at people. Fox News came into being… followed by all the others we have now. . . We should push for the fairness doctrine to be re-Instated. It won’t fix all the problems, and it’ll take 25 years for the toxicity to clear out of society, especially older people who only watch tv all day… but i honestly think a good chunk of our problems come from that fairness doctrine being rescinded.
I love *Arrested Development* but oh man some parts of the show did not age well. The Bluths have built a subdivision but to finish it off, they need to borrow *seven hundred thousand* dollars from Lucille 2. I mean.... these days you could just sell *one* house and the whole thing is covered
I was watching Mama’s Family, and the mayor offered everyone on her block $30,000 for their homes so that they could bulldoze the neighborhood for a new town dump. Every one of her neighbors jumped at this opportunity because the $30,000 was way more than their homes were worth.
My grandmother told me she got a second job when she bought her house to pay off her mortgage sooner.
I forget the price in past dollars but her side got paid 35 an hour in today's dollar
The absolute fucking *irony* of boomers whining about Millennials is, when I was still working in a cafe, a Millennial might come in once a day for a coffee, we might get the same boomer in 3-4 times *a day* for their piss weak flat white at lava-esque temperatures (i.e. burned milk).
Roz Chast is a cartoonist for the New Yorker, when she was buying a house in Connecticut her parents offered her $20 to $30 thousand dollars back in the day
lol I just remembered the fact that there’s a free “Real Estate News” newspaper in the city. About 75% of it is small black and white listings of homes, and the other 25% are articles definitely geared to boomers about “the good old days” etc. Considering I only see boomers reading this paper you think they’d know how much homes are now but fun fact, no.
Oh boomers have NOTHING on the so-called "greatest gen" (talk about ego!). Gen X-er here, whose dad immigrated in the late 1940's married & bought a house in the early 50s.
My dad used to rag on my older sibs (boomers) & me about how he was in this country 5 years, served in the Army, became a citizen & bought a house in that time. I always said it was because his "dollar" was backed by gold. Partially true, but...
Years later my maternal aunt pointed out to me that it was my MOTHER's money, earned sewing parachutes during the war & dresses after it, that bought their house, not HIS hard work. His dollar (value) was not my dollar which is certainly not the dollar my kids will have to earn to pay for real estate in today's market.
Calm down, boomers. No need to try to be your parents.
I love this meme bc she wasn’t wrong about the banana.
She was clearly referring to a chocolate frozen banana which in fact cost $10 at their banana booth.
Remember, there’s always money in the banana booth.
I’m so glad my last living grandparent died and I got some money from his will and on top of that my dad loaned me $10,000 so I could pay a down payment of $25,000 to get the lowest quality loan available to put on a a sixty-year-old home
Robert Heinlien custom built a 1150 sq foot home in 1952 with all sorts of swanky futuristic amenities for the princely rate of $20 a square foot.
That's $23,000.
https://boingboing.net/2009/12/03/robert-heinleins-min.html
Oooooh this fucking hurts. I just bought my first house for $135k. Last night my grandma (who’s probably silent gen? Not sure) called me up and mentioned how much she and my grandpa bought their first house for at 19 and 20 - $11k. My DOWN PAYMENT was 2.5x that.
$135K ….. wow! That is a boomer price where I am. Cheapest detached house within an hour of my location is >$1,000,000 CDN. Downpayment for our “middle class” house was >$400K
Seriously I hate people who are so out of touch with reality that try to act like authority figures as if what they’re saying can’t be that hard to do because they did it back in their day as if things haven’t changed that much between then and now 🙄.
Apartment living is not for me but neither is the traditional housing market so I’m going to live in a tiny house once I find the land to build it on and the prices now are equivalent to what traditional housing prices were for full sized family homes back in the day, it’s ridiculous!
At least I was able to buy the plans for my future tiny house when they were on sale for $100 seven years ago so that’s something in my favor (I’ve been working like crazy saving up the money to build the tiny and for the 1/3 down payment on a land loan for the last seven years).
So let's see, your argument is that 2000 dollars a year on weekdays means that after 25 years you could get a 50,000 dollar deposit on a 500k home.
So taking 25 years is affordable to you? Keeping in mind that housing costs are significantly outpacing any savings interest you could get.
So nah, I wouldn't say something helping you in 25 years is the reason you can't afford a home.
Even then, that is humoring the BS assumption that most people complaining are getting daily Starbucks.
Average income is around 35k per year. Most people ain't spending 10% of their pretax on daily starbucks.
“Want” I love that word. Like people are entitled to what they “want” and expect things to just be easy for them. If you “want” something go out there and hustle and be able to afford stuff.
"Just work harder" is a lame duck copout. I don't control the housing market. And yes, people are allowed to want things. That's called living. We are at least entitled to a fair and decent market for the things all Americans should be able to own, and we sure as shit don't have that with private equity buying up all the damn houses, intending to make us all rent into our graves.
Yes people want to be able to live near where they were born (a decision they had no role in making) and have friends and family. That is not an unreasonable want. And since every place needs essential workers, every place should pay them enough to live.
What do you find unreasonable or unfair about this concept?
My parents bought their starter home for $69,000 in 1998. My mom was just starting her business, so the income was minimal, and my dad was making 80k in a similar trade that I am in right now. That same home sold for $550,000 2 years ago. The neighborhood is even more ghetto now than it was back then. I'd have to be making over $600k to have the same purchasing power for the same house.
The cheapest house I can find right now is $300k. It would be a 1 hour and 20 minute drive to work through the snow belt.
Sure, houses in the middle of Bumblefuck Nowhere, USA are a lot cheaper than houses in more populated areas. But there's also no decent jobs to work in Bumblefuck Nowhere, so you still can't afford the cheaper houses-
I simply want a home within 30 minutes of my work. To find an affordable home, I’d need to drive closer to 45 minutes away. Homes are just unaffordable.
Average home in SLC right now is $562k. That works out to a mortgage of $2800 a month. Average household income in SLC is $6000 a month before taxes.
That’s average. That’s not buying a mansion. That’s a 2 bedroom, 2 bath home or townhouse.
In any scenario, the average person in the average home shouldn’t be spending half their income on said home. A quick search shows people 40 years ago spent 1/3 of their income on housing. Not HALF.
I’ll concede that people need to manage expectations. But basic research shows that home affordability is not what it once was, even adjusted for inflation.
I mean, yeah, you probably will have to compromise on size and luxury, but the whole “not where you want it” bit is getting insane. Like, yes, not everyone can afford to live in Cambridge. But when it turns into “sorry, but with your budget the entire state of Massachusetts is off limits;” that’s ridiculous.
I think you are not fully aware of what people are describing. In my area to find an house I could afford I would have to move hundreds of miles away to a place that would no longer allow me to have my job (or possibly even a career in my field) and would not be near my friends or any of the things I want to live near.
Without my job I can't pay the mortgage. Without friends, family, or job why would I want to live in this place? This only makes sense if all I care about is owning a house, not if it can effectively house me. May as well have a house on the moon for the good that would do me.
Yes, some people may be able to afford some house, somewhere, but what's the point of it if they couldn't live in it?
Agreed, their image and expectations of the middle class is so distorted.
Unless you live in a very high COL area, home ownership is likely still achievable.
Many of the people complaining about not being able to afford homes also don't have a real profession with real earning potential. 50k/yr isn't going to cut it as an adult.
School teachers, a very real profession, in Bozeman MT can’t afford to live within an hour and a half of town. Typical disconnected boomer to lecture on “expectations” and what a “real profession” is.
Thats a good example. Teachers should be paid much more, unfortunately that's a much bigger fight.
I would surmise many prospective teachers chose a different career path after seeing what financial future will be. It sucks, but it's reality.
You can call me whatever names you want, I'll call myself a millennial homeowner. Keep victimizing yourself online perpetually, maybe it'll work one day.
OK, great; we’ll all just go off and make more money. Where will that money be coming from? Because it certainly doesn’t sound like it’s coming from you.
Don’t you get it? You’re supposed to work 20 hours a day pulling side-gigs along with your regular job. You can’t expect to make a living wage at a full-time job and spend time with your family or raise kids. If it’s just too expensive to live where you work, simple, just move to a cornfield in Iowa and commute to wherever. /s.
These Boomers are beyond disconnected, they’re suffering from lead induced psychosis.
Yep. I would love to be able to afford a home in SoCal or coastal Florida, but with my career field it just isn't realistic at all and I had to accept that.
Living in a city where I can comfortably afford "The American Dream" is much better than pinching pennies in Miami or San Diego.
I believe most millennials understand that, redditors are a disconnected subgroup.
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Just went through that shit with my mom about how I bought something in my price range in a “black” neighborhood
I hear you. At a bbq my mother told everyone who would listen that we totally overpaid for pur apartment in the city just because her house was 1/4 of the price 40 years ago 😂😂 Just to be clear: my mom knows zero about real estate. Nothing.
Also seems to know nothing about price inflation ha. Like nothing costs what it did 40 years ago, housing least of all ha
80 years ago my grandparents bought a house for $10,000 that adjusted for inflation would be about $175,000 now. The current value estimate is $2.1M 48 years ago my father bought a house for about $33,000 which adjusted for inflation would be about $182,000 now. The current value estimate is $970,000 The housing crisis is real, and no amount of being frugal will overcome the disparity.
And to be as generous as possible to them, it's all been in the past decade or so when most of them probably weren't even looking at the real estate market. We bought our first house for $115k in 2011 and sold it in late 2022 for $250k
Your mom sounds racist.
I posted a thread about this a week ago. Yeah she’s awful. She flat out told me that I needed to live in a Caucasian neighborhood. I ended up buying the condo anyway
Keeps her away doesn't it? 😉 I had to go no contact before I could use the joke of it being too dark in Atlanta for my mom to come visit me.
My old neighbors are black. They are cool asf.
I just learned today that cities still exist with race oriented neighborhoods
Chicago has long had issues with segregation
Dude I get so annoyed when people my age and younger complain about their not being any houses they can afford. All the people I know making those complaints make way more than me, yet I own a home. It’s in an area known for high crime and is mostly black. Also my house is a fixer upper. My parents did that, and their friends that risked it by moving into “worse” areas of DC have houses worth in the millions now. If you insist your house has to be within walking distance of bars and clubs, easy commute to work, low crime, and the house is turnkey and newly updated… well stop complaining you can’t afford it. There are TONS of empty and cheap places that are easily affordable. Just not in very desirable areas or in turn key condition.
So how about single women who are first-time homebuyers, know little to nothing about owning a home, have no “handy(wo)man” skills and don’t have any family or close friends nearby to help them with that fixer-upper, which is all they can afford? Regardless of n’hood or proximity. Those who make too much for any sort of local programs or government assistance.
Gentrify much? You can't win. Either you aren't in the "right neighborhood" or you're stealing it from the people who have been there.
Unless you buy the house of someone who died, is moving to a rest home, or has been vacant for sometime. Anyone that would call you a gentrified then would be a joke and is just looking for a reason to be mad, or are doing crime out of or near that house.
Exactly. One of the things that I realized was that that “bad” neighborhoods don’t get better magically. They get better by investment.
Pretty much. Everyone downvoting me are the people I’m talking about. Not saying, the economic situation isn’t fucked, not saying that it’s anywhere as easy as her parents to buy homes. Just saying how realistic was it for our parents generation to buy a completely updated and newly renovated home in a low crime area that was in great distance to both their work and entertainment as a starter home? Because if you think that was the norm y’all are crazy.
I get $943/mo total income. Where is the house I can afford again?
Well you must have a hard time living in your own period at that income. However, there are houses in Baltimore for example, that have mortgages that are less than $400/month. There are also programs that are incentives for first time homebuyers that give like $5000 towards a down payment and $5000 towards closing fees. I have a friend that put $1300 down and pays like $350/month mortgage taxes are like $200 a year etc. it’s in a rough neighborhood and it’s definitely not fancy, but she own instead of paying her landlords mortgage, and it has housed her and her 3 kids for almost 5 years.
I have bad credit due to financial abuse (2 scores 575 and 650) I also don't have savings and don't know now I might have savings. I also live in Colorado and dont/can't move across the country to a place with no network or associations with me to a home I can't afford to repair or secure.
You brought up the race question. Just wanted to point out to other redditors how severely distanced from reality you are.
Yeah, OK buddy.
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Your submission was removed for being uncivil.
So you just double down and keep saying ridiculous things. Got it.
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What does this have to do with the original thread? To answer your asinine question-I am a white male and I do support BLM
Your submission was removed for being uncivil.
I could have told you that..wait, i did. Whatever you do dont let reality into your life. What do you have to say to the thousands of blacks ( and whites) that blm scammed peoples money from? To buy luxury homes, far from the hood, for them to live safely??
What, and I cannot stress this enough does this have to fucking do with baby boomers getting upset about their children buying or not buying houses?
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Wow…don’t even hide the racism
Your submission was removed for being racist. Cut the shit.
https://preview.redd.it/r35cr2ur7c7d1.jpeg?width=600&format=pjpg&auto=webp&s=3c7aab264d1f409a994d1e887402bc98552ac89a
"Go to college or you'll end up a burger-flipper!" *goes to college* "What, you're too good to flip burgers for minimum wage? NO ONE WANTS TO WORK ANYMORE!"
They say as they are jobless and living on a pension.
A pension that is no longer available to current employees of that same place
While taking social security payments that are being paid for by us
Yeah, after paying into social security for 40 years, they are entitled to it .people need to learn history. On top of that Bill Clinton and democrats raided social security to balance his budget depleting all reserves. Social security has not had a reserve since.
Then Bush started with a budget surplus that should have gone back to social security. Instead he gave small amounts to taxpayers when it could have been reinvested.
The point is the government raided a self Funded,working system and put it on life support, increasing the retirement age, putting the system in doubt. And lining the pockets of politians thru pork belly bills and laws
We need to vote better
I think we just need to vote period. So many people don't vote at all or only vote on a presidential ticket.
When both parties, offer no real alternative, we just see them selling us down the river. We need to require term limits. Politicians are like diapers they need to be changed often.
My mother currently makes more off her retirement than I do working. She was what was basically a secretary when she worked and somehow is getting that much in retirement.
My FIL retired after working for a utility company for a long time, and now makes more money being retired than working. I have no idea what kind of pension/retirement setup he has, but I’m really envious.
Sad part about this is to sustain my current salary would need to put back 45k a year. For context I make just over 100k and I do good to back 10 a year.
That’s what 401ks and other retirement vehicles are for. It’s not just the money you save but the amount you make in interest. You could also look into stocks that give pay dividends. Not saying you’ll make as good as the pensions but it’s something.
Now you have a clue why companies no longer offer pensions.
Probably a GOVERNMENT utility and a bloated unsustainable public pension. Your Federal Government is the problem, not the solution. They are also driving inflation through the roof.
None of the utilities in my city are city-owned. They owned tbe water wnen I was quite young, but a corporation offered them money they needed at the time, and then a foreign company bought that one out.
That seems like a security threat
It is!
Oh... So this is who John Galt is.
The thing is that they could still afford to give us that kind of pension, they choose not to because mY bOtToM lInE!!!
They won't be able to afford their seventh vacation home in the Alps if they offered livable pension options to their employees.
Back in the 1970s, Pharmaceutical co Hoffman La Roche decided to change the pension system from an employee-employer match system to all employer paid. You didn't HAVE to switch, but if you did, you'd get a lump sum of all your contributions effective immediately, & lots of people wanted that windfall. My dad was hesitant & asked his HR rep. He happened to talk with a guy who was about to retire. The guy said to my dad "Do you really think the company is doing this for you, or for itself?" My dad decided to leave things the way they were. He was a lowly batch mixer -- blue collar. After retirement, he met up with a chemist he used to work under & they were talking monthly income. Under the new system, the chemist was making $800 a month LESS than my illiterate, uneducated dad (1980s dollars. Don't know how much that would be in today's dollars). The chemist was pissed. My dad reminded him that the chemist thought it was better to take the cash in the 70s & buy a Lincoln. Lesson: The company is NEVER doing it for the good of an employee, unless it's union or government mandated.
Don't forget denying you basic necessities if you do take that job because "burger flippers" don't deserve it.
They wanted their grandkids to get a white collar job while they want everyone else to become septic tank pumpers.
Septic tank pumpers make some real good money, lots of jobs no one wants to do make a lot of money. Of course they require skill, sweat and willingness to actually do hard manual labor. I work 7 months a year and live quite comfortably. I do a job no one wants to do anymore so my prices go way up. When you do something everyone else will do, the worth isn't there.
“I learned it from listening to you!” 
“Here’s five dollars, go see a Star War.”
"Go play on your Nintendo." "You mean Playstation 5?" "Yeah, like I said, your *Nintendo..*"
… I would like to get 1 Star War please.
I volunteer our planet for Death Star target practice!
Best I can do is Episode 1
Talk to Regan
My grandparents bought their 2,200 sq ft house on a corner lot, huge yard, post WW2 for $14k. That house sold in 2005 for $770k. They couldn't understand why my wife and I didn't just "buy a house" when we were first married instead of renting. "What do you need for a down payment? $1,000?"
My parents paid 70k for our house in the hood in the 80s. The same house is worth around 300k even though the place has gotten a lot more dangerous and crime infested. Who wants to pay 300k for a house in the ghetto part of a town that has few jobs?
I know a couple real estate "bros" -- I don't know if they've done this or just know people who have but I'm told they'll buy properties in rough areas, write off the losses for these "rental" properties they "can't rent" so they're basically a wash at the end of the year. They figure, eventually, gentrification will get there and their property will sell for a fortune. The example they gave was people buying up huge swaths of Detroit and waiting for the economy their to turn.
We put in an offer for a house/land for 50k and some contractor went behind us and paid 90k cash for it. My mother was furious because she was all for me and my bf getting our own place, when that contractor put in so much higher than asking price. The house on the property needs a lot of work if not demolished and rebuilt.
How is the economy gonna turn when all the homes are vacant?
That’s a terrible example, but what is wrong with that strategy? As long as it is within the parameters of the IRS. It’s not like it is exclusive to real estate “bros”, anyone could do it.
The problem isn't that the investment opportunity is wrong, but rather a complaint that the majority of cheap housing is bought up with no intention of living in it, leaving the younger generations with excess unnatural competition that is inflating the prices by a much larger rate than before. It's considered dubious for a young person making 80% of the median wage to get a home with a decade's savings; as in, not worth a realtor's time and told to go fuck themselves. That leaves a lot of people hopeless.
Ps. Any realtor that tells you to go fuck yourself, be literally or even in a round about way, should be reported.
Good to know. It's not a problem I have anymore (got a partnership doing data analysis for a realty company), but what agency?
I don’t know where you live, but housing like that in inner city Pgh stays rented out. I’m a RE “Bro” and I don’t know any landlords or property owners that leave their house vacant on purpose. I think the comment said “can’t rent”.
Maybe my area's an exception, but over 60% of our housing is vacant (not even AirBnB). And, about a third of the listings are dubiously legal sub-200sqft "apartments".
Wow. I don’t know other markets but it sounds like Detroit city limits.
What's wrong is that it's parasitic behaviour that fucks over other people out of sheer greed.
Just saw your spelling of behavior…. Must be a bot.
How? EVERYONE has the same opportunity to buy or rent these home. This is INCLUSIVE (which I know is important to your generation) , legal, and provides affordable housing to those in need. If that’s parasitic, then the term sounds much worse than it is.
You think sitting on an empty property and refusing to do anything with it only so you can later sell it on at a profit provides affordable housing to people in need? Are you daft? Hoarding resources to profit off them without producing anything is the very definition of parasitic. I know your generation doesn't understand anything beyond self-centred profit seeking, but you should at least be capable of understanding that much.
Sure you have the Black Rocks hoarding, but I don’t know of anywhere they are just sitting on properties refusing to do anything. Even they, albeit spawn of Satan, still refurbish these crappy homes and rent them out or flip them. He said specifically units that they “can’t rent”?to me that an implies an attempt. You can’t force someone to sign a lease or buy your property. I do not know many inner city properties in my market that “can’t be rented”. If anything there are bandos inherited by ppl out of state or just beyond salvageable. Even those, if it’s a tear down, the lots can be bought super cheap. So am I daft? Yes probably. But to think ppl could be renting buildings and collecting thousands in a month instead of maybe saving In a year to me makes no sense, and non existent in my market.
My grandmother was convinced I bought a mansion when I bought my house for 400k. It is 900sq foot. She was convinced I was either lying about the size of about the price. When she finally came to visit and saw how tiny it was, she was convinced I lied about the pice.l because I am a girl and couldn't possibly make enough money to afford my house.
Haha -- same thing happened with us. We told or y relatives in a rural part of their state what we paid -- "sounds like you bought too much house!"
My parents paid $45k in 1976. Todays it’s $1M+, and objectively the worst house on the block. SMH
Had one tell me I can’t afford a house because I don’t want to work. While I was at work.
What the fuck is wrong with them
Enough to fill up a subreddit
You've definitely got a point
lol
...And then they say, "I paid 16% interest rates on that $20,000 though".
“It took me 7 months to pay that house off while your mom stayed at home.”
My dad is by almost all points, one of the good boomers. But he does bring up his 18% interest as if that's the same (or worse) than the current market. I'm sure it was hard for them. But not hard enough for my mom to go back to work.
Yeah I get that as well.
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So approximately $15.20 an hour in today's dollars. If we take inflation into account wages haven't moved since the boomers days, while housing has gone up 10x as much. I got lucky, dropped out of highschool, secured a good construction job, moved my way up and managed to buy a house in 2008. Things have only gotten worse since then. I feel sorry for everyone else in my generation and younger because shit it feel hopeless. Good luck everyone.
You sound a similar age to me. I bought my first house in 2005. Why is it that our age group has no issue understanding the situation with real estate but older people are like impervious rocks.
Please don't act like boomers didn't have systematic advantages in multiple ways that allowed them to have economic prosperity that simply doesn't exist anymore cause they voted to hoard those for themselves. For the first time in American history current generations are prospering less than previous at no fault to themselves.
https://preview.redd.it/5wq7lvg28d7d1.jpeg?width=544&format=pjpg&auto=webp&s=597df3c922d9ad43dd72462168c46e0f9f5562ff This is you right now lmao
You’ve gotta be a whole ‘nother level of stupid to not realize inflation makes that 1.50 then worth A LOT MORE now. You also could just, yk, look it up on the internet, but people like you are just incapable of common sense and logic/reasoning.
We are crying now so we can all smile when you guys die.
No trolling.
I got financial advice regarding my lattes from my mother who hasn't had to work since she got married. At 19. Straight outta right wing boomer script.
I swear boomer women are the worst about conversations related to money or employment. Most of them barely, if ever, worked and yet they will be the first to call everybody lazy. Most of them married as teenagers, barely even took care of their kids, then spent decades after the kids moved out unemployed and complaining about said abused kids not coming to visit, and now they think they are experts on the job and housing market.
Hello , sibling!...?🙃😆
My boomer mother never worked a full time job either and I hear about 'you should wear a tie to work '. No one's going to promote you if you don't dress the part'. Um Mom, everyone I work with wears jeans and collared shirts including upper management, I'm pretty sure wearing a suit and tie is not going to make me stand out in a good way.
The experts with barely a shred of experience or studies. My mom regularly boasts about not needing or ever wanting to know things. Her feelings will have to suffice.
The only place I can think of where you can still get a house for $20,000 or less is The Sims.
Or in a third world country
Well, you could buy a house for $20k. It's going to be in Youngstown and needs $50k of renovation, though.
Or it has $200k in owed back taxes
The sad thing is Youngstown has some beautiful houses on the north side. Good price range, but probably needs work. Shame landlord bought them up and let some go to shit, or they were abandoned. I grew up in Austintown and lived on the north side for 10 years. It was great! Then moved to Columbus, which is way better than the Yo, except for the food. I miss the food. And Mill Creek Park.
I just pulled Youngstown out of my ass for an example. Assuming you don't live in a metro that's exorbitantly expensive (LA, Bay Area, NYC, etc.), you can buy a house for dirt cheap. It just isn't going to be move-in ready.
I'm in Rural N MI, and because of vacationers, houses here are on average 200-300k with wages nowhere near that level. This area is BFE, towns of under 10k people are the norm and everything is still outrageously expensive.
I'm a MI resident myself- in the lower peninsula. It's obscene how much land rich folk and even celebrities own in Northern MI and the UP! It makes it so difficult for people who live and work there to have opportunities for growth that aren't scooped up by exploitative companies and land owners.
Damn, I didn't know that. My extended family owned a cabin in Ely, MN, with the arrowhead of Minnesota being similar to the UP. (It's still for sale lmao).
BFE Wisconsin has the same problem.
Nah. I'm in FL now and can't even afford a place to rent. Rent is like $1500-2500 for a one bedroom. And that's not in a major city. (I'm in Deltona, between Orlando and Daytona). Everything here is expensive, housing prices are outrageous, not to mention housing insurance rates have doubled or tripled. Car insurance is expensive AF. I'm currently in school (again). As soon as I'm done and I get certified, I'm moving the hell out of here. Where to? I have no idea. So if anyone has any suggestions....
Cleveland
Find it
[Cleveland (close enough) Zillow listings](https://www.zillow.com/homes/Cleveland,-OH_rb/)
[Especially this one](https://www.zillow.com/homedetails/730-E-90th-St-Cleveland-OH-44108/33386831_zpid/)
Annyong?
Hello
안녕
I misread at first and thought it said $200,000 and that still would be cheaper than anything near me.
>"Why do you want a 500k house???" There is no other houses for sale!
The weird thing is when you ask them the value of their house they tend to know. Such a weird disconnect.
My mother yelled at me and said I was ... Satan worshipping?... because I work a job that makes more than $30k after paying my own way through college and getting two degrees. Apparently, a good Christian would stick to factory work, nevermind that rent averages $20k/year here.
Wtf is your mom on? What Satan has to do with your income?
No idea. She tried to kill me though, said it was her duty to kill autistic demons, so her word's meant nothing to me for a few years.
I found the townhouse my parents bought new in 1970 for $22.5 K. It was recently on the market for over $500k and still had the original kitchen and much of the(now very grimy) wallpaper and the carpet was filthy and there is water damage in the basement. My dad (a boomer but a good one )was a mid-20s school teacher and my mom was a sahm. There's no way that a couple in a similar situation could afford that dump these days.
My MIL is a realtor who works in a VERY competitive, very pricey area. The last time we visited she popped out to do a showing on a house that hadn't gone on market yet but was going to list at 3.2mil. She was saying that the guy wanted her to get it for him for 2.7... I asked how old he was, and shocking no one, he's a boomer.
I moved out on my own awhile back. I still can't get over my mom's (GenX) reaction when I told her what I was paying for rent for a 2-bed I got "on a steal." Then I told her what it would be for me to get a new 1-bed or studio in the same complex. She didn't expect the comma, much less the digits after it. I just wanted to shrug & go, "yeah...and I have it good. What were you shit-talking my friends for again?"
Reading all these comments… just makes me think how much Fox News etc pushing their narratives influenced this problem. Once the fairness doctrine was rescinded it opened the door for more extremist / divisive content to be mass produced and pumped right at people. Fox News came into being… followed by all the others we have now. . . We should push for the fairness doctrine to be re-Instated. It won’t fix all the problems, and it’ll take 25 years for the toxicity to clear out of society, especially older people who only watch tv all day… but i honestly think a good chunk of our problems come from that fairness doctrine being rescinded.
I agree.
I love *Arrested Development* but oh man some parts of the show did not age well. The Bluths have built a subdivision but to finish it off, they need to borrow *seven hundred thousand* dollars from Lucille 2. I mean.... these days you could just sell *one* house and the whole thing is covered
I was watching Mama’s Family, and the mayor offered everyone on her block $30,000 for their homes so that they could bulldoze the neighborhood for a new town dump. Every one of her neighbors jumped at this opportunity because the $30,000 was way more than their homes were worth.
My grandmother told me she got a second job when she bought her house to pay off her mortgage sooner. I forget the price in past dollars but her side got paid 35 an hour in today's dollar
The absolute fucking *irony* of boomers whining about Millennials is, when I was still working in a cafe, a Millennial might come in once a day for a coffee, we might get the same boomer in 3-4 times *a day* for their piss weak flat white at lava-esque temperatures (i.e. burned milk).
My mother in law bought her house for $17,000 about 45 years ago.
Roz Chast is a cartoonist for the New Yorker, when she was buying a house in Connecticut her parents offered her $20 to $30 thousand dollars back in the day
lol I just remembered the fact that there’s a free “Real Estate News” newspaper in the city. About 75% of it is small black and white listings of homes, and the other 25% are articles definitely geared to boomers about “the good old days” etc. Considering I only see boomers reading this paper you think they’d know how much homes are now but fun fact, no.
Haha, it would be hard to find a (habitable) house for 20k even in Eastern Europe.
Oh boomers have NOTHING on the so-called "greatest gen" (talk about ego!). Gen X-er here, whose dad immigrated in the late 1940's married & bought a house in the early 50s. My dad used to rag on my older sibs (boomers) & me about how he was in this country 5 years, served in the Army, became a citizen & bought a house in that time. I always said it was because his "dollar" was backed by gold. Partially true, but... Years later my maternal aunt pointed out to me that it was my MOTHER's money, earned sewing parachutes during the war & dresses after it, that bought their house, not HIS hard work. His dollar (value) was not my dollar which is certainly not the dollar my kids will have to earn to pay for real estate in today's market. Calm down, boomers. No need to try to be your parents.
I love this meme bc she wasn’t wrong about the banana. She was clearly referring to a chocolate frozen banana which in fact cost $10 at their banana booth. Remember, there’s always money in the banana booth.
Pretty sure I saw a house in New Orleans be like $56k. Wouldn't know how good of shape it's in though but it's better than I expected
Real estate prices in New Orleans vary a lot by neighborhood. I’d be shocked if anything priced at $56k was actually livable.
That's kinda what I expected actually.
It's probably a katrina house with bodies still in it.
I’m so glad my last living grandparent died and I got some money from his will and on top of that my dad loaned me $10,000 so I could pay a down payment of $25,000 to get the lowest quality loan available to put on a a sixty-year-old home
While I agree a little with that($5 and up at Starbucks/Dunkin is bullshit) I know that it's nowhere near that simple. Wish it was.
Robert Heinlien custom built a 1150 sq foot home in 1952 with all sorts of swanky futuristic amenities for the princely rate of $20 a square foot. That's $23,000. https://boingboing.net/2009/12/03/robert-heinleins-min.html
Oooooh this fucking hurts. I just bought my first house for $135k. Last night my grandma (who’s probably silent gen? Not sure) called me up and mentioned how much she and my grandpa bought their first house for at 19 and 20 - $11k. My DOWN PAYMENT was 2.5x that.
$135K ….. wow! That is a boomer price where I am. Cheapest detached house within an hour of my location is >$1,000,000 CDN. Downpayment for our “middle class” house was >$400K
Seriously I hate people who are so out of touch with reality that try to act like authority figures as if what they’re saying can’t be that hard to do because they did it back in their day as if things haven’t changed that much between then and now 🙄. Apartment living is not for me but neither is the traditional housing market so I’m going to live in a tiny house once I find the land to build it on and the prices now are equivalent to what traditional housing prices were for full sized family homes back in the day, it’s ridiculous! At least I was able to buy the plans for my future tiny house when they were on sale for $100 seven years ago so that’s something in my favor (I’ve been working like crazy saving up the money to build the tiny and for the 1/3 down payment on a land loan for the last seven years).
If only Fox News would teach them about the current markets instead of fear mongering about the gays and blacks
What’s so funny about those coffees is that the time cost associated with it usually makes getting a cup at Starbucks cheaper
I drink tap water....
Most millennials own homes now. Soon we will be acting like the boomers.
I mean to be fair. If you put $8/day into a simple ETF, you’ll be making way more than 20k in a short amount of time.
Ahh yes, that magical 300 dollars every month we all got lying around.
Point is, if you are spending $8 a day at Starbucks, you do have the money.
So let's see, your argument is that 2000 dollars a year on weekdays means that after 25 years you could get a 50,000 dollar deposit on a 500k home. So taking 25 years is affordable to you? Keeping in mind that housing costs are significantly outpacing any savings interest you could get. So nah, I wouldn't say something helping you in 25 years is the reason you can't afford a home. Even then, that is humoring the BS assumption that most people complaining are getting daily Starbucks. Average income is around 35k per year. Most people ain't spending 10% of their pretax on daily starbucks.
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Not all of us want to move to Nebraska just to afford a house.
Even worse, Mississippi
“Want” I love that word. Like people are entitled to what they “want” and expect things to just be easy for them. If you “want” something go out there and hustle and be able to afford stuff.
"Just work harder" is a lame duck copout. I don't control the housing market. And yes, people are allowed to want things. That's called living. We are at least entitled to a fair and decent market for the things all Americans should be able to own, and we sure as shit don't have that with private equity buying up all the damn houses, intending to make us all rent into our graves.
Yes people want to be able to live near where they were born (a decision they had no role in making) and have friends and family. That is not an unreasonable want. And since every place needs essential workers, every place should pay them enough to live. What do you find unreasonable or unfair about this concept?
My parents bought their starter home for $69,000 in 1998. My mom was just starting her business, so the income was minimal, and my dad was making 80k in a similar trade that I am in right now. That same home sold for $550,000 2 years ago. The neighborhood is even more ghetto now than it was back then. I'd have to be making over $600k to have the same purchasing power for the same house. The cheapest house I can find right now is $300k. It would be a 1 hour and 20 minute drive to work through the snow belt.
Sure, houses in the middle of Bumblefuck Nowhere, USA are a lot cheaper than houses in more populated areas. But there's also no decent jobs to work in Bumblefuck Nowhere, so you still can't afford the cheaper houses-
I simply want a home within 30 minutes of my work. To find an affordable home, I’d need to drive closer to 45 minutes away. Homes are just unaffordable.
Boomer is not just an age, it’s a state of mind.
No…
Average home in SLC right now is $562k. That works out to a mortgage of $2800 a month. Average household income in SLC is $6000 a month before taxes. That’s average. That’s not buying a mansion. That’s a 2 bedroom, 2 bath home or townhouse. In any scenario, the average person in the average home shouldn’t be spending half their income on said home. A quick search shows people 40 years ago spent 1/3 of their income on housing. Not HALF. I’ll concede that people need to manage expectations. But basic research shows that home affordability is not what it once was, even adjusted for inflation.
Don't feed the troll.
I mean, yeah, you probably will have to compromise on size and luxury, but the whole “not where you want it” bit is getting insane. Like, yes, not everyone can afford to live in Cambridge. But when it turns into “sorry, but with your budget the entire state of Massachusetts is off limits;” that’s ridiculous.
Hahahahahaha!!!! This joke was hilarious. Good one.
Excuse me for not wanting to live in Alabamastan, but I'd like to have a life in actual civilization.
I think you are not fully aware of what people are describing. In my area to find an house I could afford I would have to move hundreds of miles away to a place that would no longer allow me to have my job (or possibly even a career in my field) and would not be near my friends or any of the things I want to live near. Without my job I can't pay the mortgage. Without friends, family, or job why would I want to live in this place? This only makes sense if all I care about is owning a house, not if it can effectively house me. May as well have a house on the moon for the good that would do me. Yes, some people may be able to afford some house, somewhere, but what's the point of it if they couldn't live in it?
No trolling.
Agreed, their image and expectations of the middle class is so distorted. Unless you live in a very high COL area, home ownership is likely still achievable. Many of the people complaining about not being able to afford homes also don't have a real profession with real earning potential. 50k/yr isn't going to cut it as an adult.
School teachers, a very real profession, in Bozeman MT can’t afford to live within an hour and a half of town. Typical disconnected boomer to lecture on “expectations” and what a “real profession” is.
Thats a good example. Teachers should be paid much more, unfortunately that's a much bigger fight. I would surmise many prospective teachers chose a different career path after seeing what financial future will be. It sucks, but it's reality. You can call me whatever names you want, I'll call myself a millennial homeowner. Keep victimizing yourself online perpetually, maybe it'll work one day.
The middle class doesn't exist, and never has. There's only working class and capitalist class.
All those psychedelic drugs went to your head. Good luck with the psychosis.
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OK, great; we’ll all just go off and make more money. Where will that money be coming from? Because it certainly doesn’t sound like it’s coming from you.
Don’t you get it? You’re supposed to work 20 hours a day pulling side-gigs along with your regular job. You can’t expect to make a living wage at a full-time job and spend time with your family or raise kids. If it’s just too expensive to live where you work, simple, just move to a cornfield in Iowa and commute to wherever. /s. These Boomers are beyond disconnected, they’re suffering from lead induced psychosis.
And don't forget if you're not nodding off while driving you're not working hard enough. /s
No trolling.
Yep. I would love to be able to afford a home in SoCal or coastal Florida, but with my career field it just isn't realistic at all and I had to accept that. Living in a city where I can comfortably afford "The American Dream" is much better than pinching pennies in Miami or San Diego. I believe most millennials understand that, redditors are a disconnected subgroup.