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re: Great YT video "How the US Is Destroying Young People’s Future"
Posted on 5/6/24 at 3:32 am to Saunson69
Posted on 5/6/24 at 3:32 am to Saunson69
Most are screwed. However, the wants on basic things like a house are much different today than for our grandparents. They lived in 3 br 1 bath box’s that were a lot smaller than the average home today. Features like paneled walls, 8 ft ceilings, low roof pitch, and small lots were very common. The features in most apartments today were not in the nicest of neighborhoods in the 1970’s and 1980’s.
Compare that to average spec homes today. You’ll see bonus rooms, tile showers, islands, large porches, steep roofs, and on.
Compare that to average spec homes today. You’ll see bonus rooms, tile showers, islands, large porches, steep roofs, and on.
11
Posted on 5/6/24 at 4:00 am to baobabtiger
quote:
Most are screwed. However, the wants on basic things like a house are much different today than for our grandparents. They lived in 3 br 1 bath box’s that were a lot smaller than the average home today. Features like paneled walls, 8 ft ceilings, low roof pitch, and small lots were very common. The features in most apartments today were not in the nicest of neighborhoods in the 1970’s and 1980’s.
Compare that to average spec homes today. You’ll see bonus rooms, tile showers, islands, large porches, steep roofs, and on.
Because boomers own all of these properties and are trying to sell at a premium.
Posted on 5/6/24 at 6:12 am to baobabtiger
quote:
They lived in 3 br 1 bath box’s that were a lot smaller than the average home today. Features like paneled walls, 8 ft ceilings, low roof pitch, and small lots were very common. The features in most apartments today were not in the nicest of neighborhoods in the 1970’s and 1980’s.
Young people would love to be able to buy those homes but they are stuck in someone's rental portfolio.
Posted on 5/6/24 at 8:03 am to baobabtiger
quote:
Most are screwed. However, the wants on basic things like a house are much different today than for our grandparents. They lived in 3 br 1 bath box’s that were a lot smaller than the average home today. Features like paneled walls, 8 ft ceilings, low roof pitch, and small lots were very common. The features in most apartments today were not in the nicest of neighborhoods in the 1970’s and 1980’s. Compare that to average spec homes today. You’ll see bonus rooms, tile showers, islands, large porches, steep roofs, and on.
Go to southdowns in BR. It’s an entire neighborhood of houses built in the 50s just like you are talking about. 3 bed 1 bath around 1400 sq ft
Oh yeh, for 550k…..
Posted on 5/6/24 at 8:38 am to baobabtiger
quote:correct young folks don’t want a starter home. I just looked up the home I bought for 58k in 1996, it looks to have sold recently for 90k. 3 bed 1 bath shady lot w two car carport. Neighborhood seems to look similar to when I was there. I bet you can’t get a new couple to even look at it
the wants on basic things like a house are much different today than for our grandparents. They lived in 3 br 1 bath box’s that were a lot smaller than the average home today. Features like paneled walls, 8 ft ceilings, low roof pitch, and small lots were very common. The features in most apartments today were not in the nicest of neighborhoods in the 1970’s and 1980’s.
Posted on 5/6/24 at 9:40 am to baobabtiger
Then why is it when you try to go buy the house that hasn’t been updated in 30 years with older features, it costs as much as or more than the modern spec home?
Posted on 5/6/24 at 10:28 am to baobabtiger
quote:
They lived in 3 br 1 bath box’s that were a lot smaller than the average home today. Features like paneled walls, 8 ft ceilings, low roof pitch, and small lots were very common.
The issue with these homes is that they are ghettos now almost without exception. In my hometown these neighborhoods used to be awesome middle class areas with non-existent crime. When I drive through them now I make sure my doors are locked.
Posted on 5/6/24 at 10:42 am to baobabtiger
quote:Blame HGTV for that?
Compare that to the average spec home today. You'll see bonus rooms, tile showers, islands, large porches, steep roofs, and on.
Posted on 5/6/24 at 10:55 am to baobabtiger
quote:
Most are screwed. However, the wants on basic things like a house are much different today than for our grandparents. They lived in 3 br 1 bath box’s that were a lot smaller than the average home today. Features like paneled walls, 8 ft ceilings, low roof pitch, and small lots were very common. The features in most apartments today were not in the nicest of neighborhoods in the 1970’s and 1980’s.
my grandparents were soft as frick compared to my grandparent's grandparents
Posted on 5/6/24 at 11:55 am to baobabtiger
quote:
However, the wants on basic things like a house are much different today than for our grandparents. They lived in 3 br 1 bath box’s that were a lot smaller than the average home today. Features like paneled walls, 8 ft ceilings, low roof pitch, and small lots were very common. The features in most apartments today were not in the nicest of neighborhoods in the 1970’s and 1980’s.
This is a bigger issue than most will admit. Basically have two generations of adults that don't know the difference between "needs" and "wants". I'm selling a 4bdr/2ba house and one criticism I got was that the master bedroom is "too big". Houses take effort and money to maintain, always have and the less you are able to do yourself the more money you'll have to spend on others to do the work. People complaining about the cost of buying a house also complain that their rents keep going up. At least with a house there's a chance of getting money back and even coming out ahead.
Posted on 5/6/24 at 5:08 pm to baobabtiger
quote:
Most are screwed. However, the wants on basic things like a house are much different today than for our grandparents. They lived in 3 br 1 bath box’s that were a lot smaller than the average home today. Features like paneled walls, 8 ft ceilings, low roof pitch, and small lots were very common. The features in most apartments today were not in the nicest of neighborhoods in the 1970’s and 1980’s.
My daughter and her husband just got their first house. He's an HVAC guy and she manages a local restaurant. We helped with the down payment. There's still some blue collar areas around Bham that are affordable. They ended up with a fixer upper in Leeds, AL for under $200K. It needs work, but they don't have any car payments or student loan debt so they should be fine.
It can be done, but I think the problem is more expectations than anything else.
Posted on 5/6/24 at 9:30 pm to baobabtiger
quote:
8 ft ceilings
I feel attacked.
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